Green Food shows the following information on its 2019 financial statements: Green Food Income Statement Statement...

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Green Food shows the following information on its 2019 financial statements: Green Food Income Statement Statement of Financial Position Sales $4,31 ASSETS Liabilities & Owners Equity Current Liabilities Current Assets COGS 2,344 $ 244 $ 398 Accounts Payable Notes Payable Cash Depreciation EBIT 976 Accounts Receivable 588 990 396 $ 640 $ 857 Total Inventory 422 Interest 241 $ 1,408 Total Тахаble 749 Long term debt Income Owners' Equity $ 287 $ 462 Taxes $ 850 Common Stock and Net Income paid in surplus Retained Earnings Fixed Assets 2,041 $ 2,891 $ 150 $2.980 Total Net Plant & Dividends Equipment $ 4,388 $ 4,388 $ 312 Total Assets Total Liabilities & Addition to RE Owners' Equity During the year, the firm issued $260 in new equity, and repurchased $380 outstanding long-term debt. (a) What is the operating cash flow for the year? (b) What is the cash flow to creditors for the year? (c) What is the cash flow to stockholders for the year? (d) Calculate the following ratios of the company: (i) Current ratio (ii) Debt-to-equity ratio (iii) Time interest earned (e) Calculate the return of equity (ROE) of the company by using the Du Pont analysis. Green Food shows the following information on its 2019 financial statements: Green Food Income Statement Statement of Financial Position Sales $4,31 ASSETS Liabilities & Owners Equity Current Liabilities Current Assets COGS 2,344 $ 244 $ 398 Accounts Payable Notes Payable Cash Depreciation EBIT 976 Accounts Receivable 588 990 396 $ 640 $ 857 Total Inventory 422 Interest 241 $ 1,408 Total Тахаble 749 Long term debt Income Owners' Equity $ 287 $ 462 Taxes $ 850 Common Stock and Net Income paid in surplus Retained Earnings Fixed Assets 2,041 $ 2,891 $ 150 $2.980 Total Net Plant & Dividends Equipment $ 4,388 $ 4,388 $ 312 Total Assets Total Liabilities & Addition to RE Owners' Equity During the year, the firm issued $260 in new equity, and repurchased $380 outstanding long-term debt. (a) What is the operating cash flow for the year? (b) What is the cash flow to creditors for the year? (c) What is the cash flow to stockholders for the year? (d) Calculate the following ratios of the company: (i) Current ratio (ii) Debt-to-equity ratio (iii) Time interest earned (e) Calculate the return of equity (ROE) of the company by using the Du Pont analysis.

Answer rating: 100% (QA)

a The operating cash flow for the year is calculated as follows Operating Cash Flow EBIT Depre... View the full answer