Rebeckys Flowers 4U, Inc., had free cash flows during 2015 of $43 million, NOPAT of $85 million,
Question:
Transcribed Image Text:
Rebecky's Flowers 4U, Inc Balance Sheet as of December 31, 2015 and 2014 in millions of dollars 2015 2014 2015 2014 Assets Liabilities & Equity Current assets Current liabilities Cash and marketable Accrued wages and S 28 S 25 65 118 100 $221 $190 S 17 S15 taxes Accounts payable Notes payable securities Accounts receivable 75 Inventory 50 $118 $110 S195 $190 Total Total Fixed assets Long-term debt: Gross plant and equipment S333 S300 Stockholders equity: Less: Depreciation 54 40 Preferred stock (5 million shares) S 5 $ 5 40 192 155 Net plant and equipment Other long-term Common stock and $279 $260 paid-in surplus (20 million shares) assets 50 50Retined earmings Total S329 S310 Total $237 $200 Total assets $550 $500 Total liabilities and equity $550 S500
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 52% (17 reviews)
Rebeckys operating cash flow for 2015 was OCF NOPAT Depreciation 85m 14m 99m Rebec...View the full answer
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
4.40+
15+ Reviews
45+ Question Solved
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
Question Posted:
Students also viewed these Finance questions
-
Problems 1. Using the data presented below: Sales Cost of Goods Gross Profit Depreciation Selling & Admin. Expense Other Operating Expense Big Rock Candy Mountain Mining Co. Income Statements For the...
-
Rebecky's Flowers 4U, Inc., had free cash flows during 2018 of $43 million, NOPAT of $85 million, and depreciation of $14 million. Using this information, fill in the blanks on Rebecky's balance...
-
Fill in the blanks with an appropriate word, phrase, or symbol(s). The following Euler diagram represents the statement _________ As are Bs. U A
-
Avishek has $49,583.72 and wants to buy a T-bill with a face value of $50,000.00 that matures on 2020-04-17. The annual simple interest rate is 3.000% and the daycount convention is ACT / 360. What...
-
Visit the Workplace eCards section of the Blue Mountain site, at www.bluemountain.com, and analyze one of the electronic greeting cards bearing a goodwill message of appreciation for good...
-
Why cant Arctic species use the same strategy to adapt to a warming climate that Ediths checkerspot butterfly used?
-
What are the three main objectives of any questionnaire?
-
An inexperienced accountant prepared this condensed income statement for Hight Company, a retail firm that has been in business for a number of years. HIGHT COMPANY Income Statement For the Year...
-
10) The company paid its suppliers $367,824 for inventory it had previously purchased on account. Describe the effects of this transaction on the accounting equation in terms of debits and credits...
-
A U.S. company owns an 80% interest in a company located on Mars. Martian currency is called the Martian Credit. During the year the parent company sold inventory that had cost $24,000 to the...
-
You have been given the following information for PattyCakes Athletic Wear Corp. for the year 2015: a. Net sales = $38,250,000; b. Cost of goods sold = $22,070,000; c. Other operating expenses =...
-
Vinnys Overhead Construction had free cash flow during 2015 of $25.4 million. The change in gross fixed assets on Vinnys balance sheet during 2015 was $7.0 million and the change in net operating...
-
Wilco Corporation has the following account balances at December 31, 2014. Share capitalordinary, $5 par value $ 510,000 Treasury shares 90,000 Retained earnings 2,340,000 Share premiumordinary...
-
a. Briefly describe scenario analysis. b. What are its strengths and weaknesses?
-
How may a firms cost of debt be estimated?
-
a. Briefly describe sensitivity analysis. b. What are its strengths and weaknesses?
-
Explain the four steps in capital budgeting financial analysis.
-
What is float?
-
In a complete sentence describe the relationship between shielding and penetration.
-
Orange juice producers are dismayed and puzzled. An economist told them that the reason the demand for orange juice fell is that a new technology allow tomato producers to pick ripe tomatoes more...
-
When will a party be granted a remedy for mistakenly using a term in a contract?
-
What is the difference between time series analysis and cross-sectional analysis?
-
Assume that you contribute $150 per month to a retirement plan for 20 years. Then you can increase the contribution to $250 per month for another 20 years, and finally, $400 per month for the last 10...
-
For each of the following actions, determine what would happen to the current ratio. Assume nothing else on the balance sheet changes and that net working capital is positive.
-
What theorists are most likely to argue the city's form and growth come from decisions made by people and organizations that control wealth and other key resources?
-
Explain the difference between glucogenic and ketogenic amino acids
-
Describe what is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services?
Study smarter with the SolutionInn App