Question: ng.cengage.com te Financial Analysis-OLB01 MindTap - Cengage Learning CENGAGE MINDTAP Ch 03- Blueprint Problems - Financial Statements, Cash Flow, and Taxes Quantitative Problem: Rosnan Industries'

 ng.cengage.com te Financial Analysis-OLB01 MindTap - Cengage Learning CENGAGE MINDTAP Ch
03- Blueprint Problems - Financial Statements, Cash Flow, and Taxes Quantitative Problem:

ng.cengage.com te Financial Analysis-OLB01 MindTap - Cengage Learning CENGAGE MINDTAP Ch 03- Blueprint Problems - Financial Statements, Cash Flow, and Taxes Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below Balance Sheets 2019 2018 $95 $100 275 375 $750 2,300 $3,050 300 250 $635 1.490 52,125 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity $150 75 150 $375 450 825 1,225 1,000 2,225 $3,050 $85 50 75 $210 290 500 1,225 400 1,625 $2,125 Income Statements 2019 $2,145 1,250 2018 $1,565 1,000 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT interest EBT $895 100 $795 63 5732 $565 75 $490 46 $444 EBT 5732 183 $549 $444 111 Taxes (25%) Net Income $333 Dividends pald Addition to retained earnings $54 $495 548 $285 100 Shares outstanding Price WACC 100 $22.50 $25.00 10.00% The balance in the firm's cash and equivalents account is needed for operations and is not considered excess cash Using the financial statements given above, what is Roshan's 2010 free cash flow (FC)? Use a minus sign to indicate a negative FC Round your answer to the nearest cent 5 ng.cengage.com te Financial Analysis-OLB01 MindTap - Cengage Learning CENGAGE MINDTAP Ch 03- Blueprint Problems - Financial Statements, Cash Flow, and Taxes Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below Balance Sheets 2019 2018 $95 $100 275 375 $750 2,300 $3,050 300 250 $635 1.490 52,125 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity $150 75 150 $375 450 825 1,225 1,000 2,225 $3,050 $85 50 75 $210 290 500 1,225 400 1,625 $2,125 Income Statements 2019 $2,145 1,250 2018 $1,565 1,000 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT interest EBT $895 100 $795 63 5732 $565 75 $490 46 $444 EBT 5732 183 $549 $444 111 Taxes (25%) Net Income $333 Dividends pald Addition to retained earnings $54 $495 548 $285 100 Shares outstanding Price WACC 100 $22.50 $25.00 10.00% The balance in the firm's cash and equivalents account is needed for operations and is not considered excess cash Using the financial statements given above, what is Roshan's 2010 free cash flow (FC)? Use a minus sign to indicate a negative FC Round your answer to the nearest cent 5

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