Question: Please help me with this question! . Last year, J&H Corp. reported a book value of $800,000 in current assets, of which 35% is cash,

 Please help me with this question! . Last year, J&H Corp.

Please help me with this question!

. Last year, J&H Corp. reported a book value of $800,000 in current assets, of which 35% is cash, 37% is short-term investments, and the rest is accounts receivable and inventory. The company reported $680,000 of current liabilities including accounts payable and accruals. Interestingly, the company had no notes payable outstanding, and there were no changes in the company's accounts payable during the year. The company, however, invested heavily in plant and equipment to support its operations. It reported a book value of $1,280,000 for its operating long-term assets last year. Income Statement For the Year Ended on December 31 J&H Corp. Industry Average Net sales $15,000,000 $18,750,000 Operating costs, except depreciation and amortization 12,000,000 15,000,000 Depreciation and amortization 600,000 750,000 Total operating costs 12,600,000 15,750,000 Operating income (or EBIT) $2,400,000 $3,000,000 Less: Interest expense 240,000 450,000 Earnings before taxes (EBT) $2,160,000 $2,550,000 Less: Taxes (40%) 864,000 1,020,000 Net income $1,296,000 $1,530,000 Based on the information given to him, Jeffery submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan. Complete the following statements in his report. If your answer is negative, use the minus sign. Statement #1: 18H Corp.'s NOPAT IS S , which is than the industry average of S Statement #2: The company is using in net operating working capital (NOWC). Statement #3: J&H Corp. is generating in net cash flow from its operations and an accounting profit of Statement #4: The firm uses $ of total net operating capital to run the business. This value is computed as the of 18H Corp.'s net operating working capital and its . Last year, J&H Corp. reported a book value of $800,000 in current assets, of which 35% is cash, 37% is short-term investments, and the rest is accounts receivable and inventory. The company reported $680,000 of current liabilities including accounts payable and accruals. Interestingly, the company had no notes payable outstanding, and there were no changes in the company's accounts payable during the year. The company, however, invested heavily in plant and equipment to support its operations. It reported a book value of $1,280,000 for its operating long-term assets last year. Income Statement For the Year Ended on December 31 J&H Corp. Industry Average Net sales $15,000,000 $18,750,000 Operating costs, except depreciation and amortization 12,000,000 15,000,000 Depreciation and amortization 600,000 750,000 Total operating costs 12,600,000 15,750,000 Operating income (or EBIT) $2,400,000 $3,000,000 Less: Interest expense 240,000 450,000 Earnings before taxes (EBT) $2,160,000 $2,550,000 Less: Taxes (40%) 864,000 1,020,000 Net income $1,296,000 $1,530,000 Based on the information given to him, Jeffery submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan. Complete the following statements in his report. If your answer is negative, use the minus sign. Statement #1: 18H Corp.'s NOPAT IS S , which is than the industry average of S Statement #2: The company is using in net operating working capital (NOWC). Statement #3: J&H Corp. is generating in net cash flow from its operations and an accounting profit of Statement #4: The firm uses $ of total net operating capital to run the business. This value is computed as the of 18H Corp.'s net operating working capital and its

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