Consider the following data for Company X Cash Flow For the Fiscal year period ending 12 months
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Question:
Consider the following data for Company X
Cash Flow | |||
For the Fiscal year period ending | |||
12 months | 12 months | 12 months | |
Dec-26-2018 | Dec-25-2019 | Dec-25-2020 | |
Currency | Million USD | Million USD | Million USD |
Net Income | 35.0 | 49.0 | (35.0) |
Depreciation & Amort. | 19.0 | 17.0 | 18.0 |
(Gain) Loss From Sale of Assets | 0.9 | 1.4 | 2.0 |
(Gain) Loss From Sale of Investments | - | - | - |
Asset Writedown % Restructuring Costs | 0.7 | - | - |
Stock-Based Compenstation | 6.1 | 7.5 | 7.1 |
Other Operating Activities | 7.6 | 3.2 | 2.3 |
Change in Acc. Receivable | (5.5) | (1.7) | 0.2 |
Change in Inventories | (0.5) | (0.5) | 2.5 |
Change in Acc. Payable | 3.2 | 4.2 | 12.3 |
Change in Other Net Operating Assets | 1.1 | 0.1 | 0.3 |
Cash From Ops. | 67.6 | 80.2 | 9.7 |
Capital Expenditure | (35.0) | (43.0) | (10.0) |
Cash Acquisitions | - | - | - |
Divestitures | - | - | - |
Invest. In Marketable & Equity Securt. | - | - | - |
Cash from Investing | (35.0) | (43.0) | (10.0) |
Short Term Debt Issued | - | - | - |
Long Term Debt issued | - | - | 35.0 |
Total Debt issued | - | - | 35.0 |
Short term debt repaid | - | - | - |
Long term debt repaid | - | - | - |
Total debt repaid | - | - | - |
Issuance of Common Stock | 2.3 | 1.1 | 0.2 |
Repurchase of Common Stock | (3.4) | (10.0) | - |
Total Dividends Paid | - | - | - |
Other Financing Activities | (0.8) | (2.7) | 0.8 |
Cash from Financing | (1.9) | (11.6) | 36.0 |
Net Change in Cash | 30.7 | 25.6 | 35.7 |
- Company X increased cash flow in 2020 by reducing capital expenditure, True or False and why ?
- Despite having lower operating cash flow in 2020, company X decided to increase long-term debt, True or false and why ?
- This company managed to increase cash holdings in 2020 despite poor operational performance, True or false and why ?
Related Book For
Statistics For Business And Economics
ISBN: 9780538481649
11th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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