What is the amount of free cash flows in 2017? 2016 2017 Common Stock 80,000 105,000...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
What is the amount of free cash flows in 2017? 2016 2017 Common Stock 80,000 105,000 Accrued Liability 2,500 4,500 Long-term Debt 100,000 104,000 Account Receivable 8,000 12,000 Sales 176,000 250,000 Interest Paid 6,000 8,000 Depreciation 5,000 4,500 Other Operating 10,500 12,000 Expenses Inventory 10,700 14,000 Account Payable 5,600 7,200 Cost of Goods Sold 100,000 70,000 Taxes 20,850 33,450 Prepaid Expenses 500 3,450 Net Fixed Assets 198,450 234,800 Retained Earnings 24,000 38,000 (Balance-sheet) Other Operating 10,500 12,000 Expenses Inventory 10,700 14,000 Account Payable 5,600 7,200 Cost of Goods Sold 100,000 70,000 Taxes 20,850 33,450 Prepaid Expenses 500 3,450 Net Fixed Assets 198,450 234,800 Retained Earnings (Balance-sheet) 24,000 38,000 What is the amount of free cash flows in 2017? 2016 2017 Common Stock 80,000 105,000 Accrued Liability 2,500 4,500 Long-term Debt 100,000 104,000 Account Receivable 8,000 12,000 Sales 176,000 250,000 Interest Paid 6,000 8,000 Depreciation 5,000 4,500 Other Operating 10,500 12,000 Expenses Inventory 10,700 14,000 Account Payable 5,600 7,200 Cost of Goods Sold 100,000 70,000 Taxes 20,850 33,450 Prepaid Expenses 500 3,450 Net Fixed Assets 198,450 234,800 Retained Earnings 24,000 38,000 (Balance-sheet) Other Operating 10,500 12,000 Expenses Inventory 10,700 14,000 Account Payable 5,600 7,200 Cost of Goods Sold 100,000 70,000 Taxes 20,850 33,450 Prepaid Expenses 500 3,450 Net Fixed Assets 198,450 234,800 Retained Earnings (Balance-sheet) 24,000 38,000 What is the amount of free cash flows in 2017? 2016 2017 Common Stock 80,000 105,000 Accrued Liability 2,500 4,500 Long-term Debt 100,000 104,000 Account Receivable 8,000 12,000 Sales 176,000 250,000 Interest Paid 6,000 8,000 Depreciation 5,000 4,500 Other Operating 10,500 12,000 Expenses Inventory 10,700 14,000 Account Payable 5,600 7,200 Cost of Goods Sold 100,000 70,000 Taxes 20,850 33,450 Prepaid Expenses 500 3,450 Net Fixed Assets 198,450 234,800 Retained Earnings 24,000 38,000 (Balance-sheet) Other Operating 10,500 12,000 Expenses Inventory 10,700 14,000 Account Payable 5,600 7,200 Cost of Goods Sold 100,000 70,000 Taxes 20,850 33,450 Prepaid Expenses 500 3,450 Net Fixed Assets 198,450 234,800 Retained Earnings (Balance-sheet) 24,000 38,000 What is the amount of free cash flows in 2017? 2016 2017 Common Stock 80,000 105,000 Accrued Liability 2,500 4,500 Long-term Debt 100,000 104,000 Account Receivable 8,000 12,000 Sales 176,000 250,000 Interest Paid 6,000 8,000 Depreciation 5,000 4,500 Other Operating 10,500 12,000 Expenses Inventory 10,700 14,000 Account Payable 5,600 7,200 Cost of Goods Sold 100,000 70,000 Taxes 20,850 33,450 Prepaid Expenses 500 3,450 Net Fixed Assets 198,450 234,800 Retained Earnings 24,000 38,000 (Balance-sheet) Other Operating 10,500 12,000 Expenses Inventory 10,700 14,000 Account Payable 5,600 7,200 Cost of Goods Sold 100,000 70,000 Taxes 20,850 33,450 Prepaid Expenses 500 3,450 Net Fixed Assets 198,450 234,800 Retained Earnings (Balance-sheet) 24,000 38,000
Expert Answer:
Answer rating: 100% (QA)
To calculate the free cash flows in 2017 well use the following formula Free Cash Flows FCF Cash Flow from Operations Capital Expenditures We need to calculate the cash flow from operations and the ca... View the full answer
Related Book For
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds
Posted Date:
Students also viewed these accounting questions
-
1. Read the Case: What is the company worth? Grant explains to the management team that the company valuation is critical from both investors and the company. The goal is to produce a rough estimated...
-
The 3M Company is a global diversified technology company active in the following product markets: consumer and office; display and graphics; electronics and communications; health care; industrial;...
-
One type of systematic error arises because people tend to think of benefits in percentage terms rather than in absolute dollar amounts. As an example, Samir is willing to drive 20 minutes out of his...
-
One rod is made from lead and another from quartz. The rods are heated and experience the same change in temperature. The change in length of each rod is the same. If the initial length of the lead...
-
Selected information (in thousands) for Reitmans (Canada) Limited and Le Chteau Inc. for fiscal 2015 follows: __________________________________________Reitmans Le Chteau Net cash provided (used) by...
-
North Shore Architectural Stone, Inc., a company that installs limestone in residential and commercial buildings, agreed to supply and install limestone for a property owned by Joseph Vitacco. North...
-
Regina Company manufacturers a professional- grade vacuum cleaner and began operations in 2014. For 2014, Regina budgeted to produce and sell 20,000 units. The company had no price, spending, or...
-
To solve this model economy, we reformulate the competitive equilibrium into the social planner's problem. First of all, in social planner's problem, all markets must clear, and thus N = Nd = N, and...
-
Question 4: (20 points) Facts: On January 1, 2022, Will Smith owns 100 shares of the voting common stock of Movies, Inc. ("MOVIE"), a Delaware corporation, which constitute all of the shares of MOVIE...
-
Solve the exponential equation algebraically. Round your results to three decimal places. Use a graphing utility to verify your answers. e2x-11ex+30= 0 x =
-
What is the school district's current financial status? (Huntley district 158)
-
XYZ Sample Company has 100 employees in 2023. XYZ Sample Company qualifies to receive the credit of 5.4% of Employer's Annual Federal Unemployment (FUTA) taxable wages when it files Form 940. As...
-
I completely agree that IoT is always a need, in this world we now live in. Internet is used more than it is not. I even have a kindle for books now, that has adapted to IoT! This helped me with cost...
-
Throughout Turner's essay (Hollitz 8), he indicated that there existed "free land." Was this the case? Did this free land enhance the US goal of conquering the West? Did Americans conquer the land...
-
Suppose that Spain can produce either 1000 bottles of wine or 500 bottles of olive oil per hour of production. Suppose also that Chile can produce either 200 bottles of wine or 20 bottles of olive...
-
Independent random samples of sizes n1 = 30 and n2 = 50 are taken from two normal populations having the means 1 = 78 and 2 = 75 and the variances 21 = 150 and 22 = 200. Use the results of Exercise...
-
At the end of Year 1, Emma, Inc. had $600 of cash, $400 of liabilities, $200 of common stock, and zero in retained earnings. During Year 2, the company generated $560 of cash revenue and incurred...
-
Forestry Services Inc. experienced the following events in Year 1, its first year of operation: 1. Performed counseling services for $18,000 cash. 2. On February 1, Year 1, paid $12,000 cash to rent...
-
Indicate whether each of the following costs is a product cost or a period cost: a. Cleaning supplies for the office. b. Freight on goods purchased for resale. c. Salary of the marketing director. d....
-
Let \(\left(B_{t} ight)_{t \geqslant 0}\) be a \(\mathrm{BM}^{1}\) and \(b(x), \sigma(x)\) autonomous and globally Lipschitz continuous coefficients. We have seen in Corollary 21.24 that the solution...
-
The linear growth of the coefficients is essential for Corollary 21.31. a) Consider the case where \(d=n=1, b(x)=-e^{x}\) and \(\sigma(x)=0\). Find the solution of this deterministic ODE and compare...
-
Let \((A, \mathfrak{D}(A))\) be the generator of a diffusion process in the sense of Definition 23.1 and denote by \(a, b\) the diffusion and drift coefficients. Show that \(a \in...
Study smarter with the SolutionInn App