A company has the following balance sheet (December 31, 2022). The figures are in S million....
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A company has the following balance sheet (December 31, 2022). The figures are in S million. Accounts payable Accruals Notes payable Cash Short-term investments Accounts receivable Inventory Current assets Gross fixed assets Accumulated deprec. Net fixed assets $50 20 30 70 170 250 50 200 $30 40 20 Current liabilities Long-term debt Common stock (par value=$1) Retained earnings Total common equity 90 70 30 180 210 Total assets $370 Total liab. & equity Note that only 40% of "cash" (shown in the balance sheet above) is used in operation. Use the above information to answer questions 8-10. 8. What is its total operating capital for 2022? 9. The appropriate tax rate is 20%. The company reported operating profits (EBIT) of $6 million for 2022 (December 31, 2022). What was the ROIC for 2022? 10. The company had total operating capital of $215 million for 2021. What was the free cash flow (FCF) for 2022? $370 A company has the following balance sheet (December 31, 2022). The figures are in S million. Accounts payable Accruals Notes payable Cash Short-term investments Accounts receivable Inventory Current assets Gross fixed assets Accumulated deprec. Net fixed assets $50 20 30 70 170 250 50 200 $30 40 20 Current liabilities Long-term debt Common stock (par value=$1) Retained earnings Total common equity 90 70 30 180 210 Total assets $370 Total liab. & equity Note that only 40% of "cash" (shown in the balance sheet above) is used in operation. Use the above information to answer questions 8-10. 8. What is its total operating capital for 2022? 9. The appropriate tax rate is 20%. The company reported operating profits (EBIT) of $6 million for 2022 (December 31, 2022). What was the ROIC for 2022? 10. The company had total operating capital of $215 million for 2021. What was the free cash flow (FCF) for 2022? $370
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