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Calculate the following
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2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 Current assets Cash Accounts receivable Inventory Assets Total Fixed assets Net plant and equipment Total assets 2020 $104 455 553 $1,112 US Corporation 2020 and 2021 Balance Sheets (in millions) 2021 $221 2) What is the change in NWC? 688 555 $1,464 $1,644 $1,709 $2,756 $3,173 Current liabilities Accounts payable Notes payable Total Liabilities & Owners' Equity 1) What is the value of owners' equity for 2020 and 2021? Long-term debt Owners' equity Common stock Retained eamings Total Total liabilities and owners' equity 2020 4) In 2021, US Corp purchased $858 in new fixed assets. What is the cash flow 21% from assets for the year? The tax rate is $232 196 $428 $408 $600 1320 $2,756 3) In 2021, US Corp purchased $858 in new fixed assets. How much in fixed assets did they sell? 2021 $266 123 $389 $454 $640 1690 $3,173 Net sales Cost of goods sold Depreciation Eamings before interest and taxes Interest paid Taxable income Taxes (21%) Net income US Corporation 2021 Income Statement (in millions) Dividends Addition to retained eamings 5) In 2021, US Corp raised $210 in new long-term debt. How much long term debt must they have paid off during the year? $123 $1,509 750 65 70 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 Current assets Cash Accounts receivable Inventory Assets Total Fixed assets Net plant and equipment Total assets 2020 $104 455 553 $1,112 US Corporation 2020 and 2021 Balance Sheets (in millions) 2021 $221 2) What is the change in NWC? 688 555 $1,464 $1,644 $1,709 $2,756 $3,173 Current liabilities Accounts payable Notes payable Total Liabilities & Owners' Equity 1) What is the value of owners' equity for 2020 and 2021? Long-term debt Owners' equity Common stock Retained eamings Total Total liabilities and owners' equity 2020 4) In 2021, US Corp purchased $858 in new fixed assets. What is the cash flow 21% from assets for the year? The tax rate is $232 196 $428 $408 $600 1320 $2,756 3) In 2021, US Corp purchased $858 in new fixed assets. How much in fixed assets did they sell? 2021 $266 123 $389 $454 $640 1690 $3,173 Net sales Cost of goods sold Depreciation Eamings before interest and taxes Interest paid Taxable income Taxes (21%) Net income US Corporation 2021 Income Statement (in millions) Dividends Addition to retained eamings 5) In 2021, US Corp raised $210 in new long-term debt. How much long term debt must they have paid off during the year? $123 $1,509 750 65 70
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