Income Statement Revenues Cost of sales Selling costs Depreciation Operating Profit Interest Expenses Earnings before taxes...
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Income Statement Revenues Cost of sales Selling costs Depreciation Operating Profit Interest Expenses Earnings before taxes Taxes Net income Note: Operating tax rate = 30% Marginal tax rate = 30% $m 300 -110 -70 §§SLIK: -25 95 -6 89 26.7 62.3 Required: a) Reorganize the financial statements and calculate (i) NOPLAT, (ii) Net Current Account or Working Capital; (iii) Invested Capital, and (iv) Total Funds Invested. (20 marks) Assets Balance Sheet Working cash Accounts receivable Inventories Current assets Property, plant and equipment Prepaid pension assets Total assets Liabilities and Equity Account payable Short-term debt Restructuring reserves Current liabilities Long-term debt Retained Earnings Shareholders' equity Total Liabilities & Equity $m 15 228328 FENER 35 15 65 155 10 11 17 12 40 75 80 35 230 Income Statement Revenues Cost of sales Selling costs Depreciation Operating Profit Interest Expenses Earnings before taxes Taxes Net income Note: Operating tax rate = 30% Marginal tax rate = 30% $m 300 -110 -70 §§SLIK: -25 95 -6 89 26.7 62.3 Required: a) Reorganize the financial statements and calculate (i) NOPLAT, (ii) Net Current Account or Working Capital; (iii) Invested Capital, and (iv) Total Funds Invested. (20 marks) Assets Balance Sheet Working cash Accounts receivable Inventories Current assets Property, plant and equipment Prepaid pension assets Total assets Liabilities and Equity Account payable Short-term debt Restructuring reserves Current liabilities Long-term debt Retained Earnings Shareholders' equity Total Liabilities & Equity $m 15 228328 FENER 35 15 65 155 10 11 17 12 40 75 80 35 230
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The image displays a companys financial statements including an income statement and a balance sheet You need to reorganize the financial information ... View the full answer
Related Book For
Understanding Financial Accounting
ISBN: 978-1118849385
1st Canadian Edition
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
Posted Date:
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