See Table below showing financial statement data and stock price data for Mydeco Corp. a. From 2015
Fantastic news! We've Found the answer you've been seeking!
Question:
See Table below showing financial statement data and stock price data for Mydeco Corp.
a. From 2015 to 2019, what was the total cash flow that Mydeco generated from operations?
b. What fraction of the total in (a) was spent on capital expenditures?
c. What fraction of the total in (a) was spent paying dividends to shareholders?
d. What was Mydeco's total retained earnings for this period?
Income Statement | 2015 | 2016 | 2017 | 2018 | 2019 |
Revenue | 408.3 | 361.4 | 428.4 | 512.3 | 607.8 |
Cost of Goods Sold | (186.8) | (169.0) | (206.1) | (242.0) | (297.9) |
Gross Profit | 221.5 | 192.4 | 222.3 | 270.3 | 309.9 |
Sales and Marketing | (65.0) | (66.2) | (81.8) | (97.2) | (117.2) |
Administration | (62.0) | (60.8) | (58.9) | (64.8) | (78.9) |
Depreciation & Amortization | (26.0) | (25.5) | (32.4) | (40.0) | (38.3) |
EBIT | 68.5 | 39.9 | 49.2 | 68.3 | 75.5 |
Interest Income (Expense) | (33.4) | (34.8) | (32.8) | (36.4) | (37.7) |
Pretax Income | 35.1 | 5.1 | 16.4 | 31.9 | 37.8 |
Income Tax | (12.3) | (1.8) | (5.7) | (11.2) | (13.2) |
Net Income | 22.8 | 3.3 | 10.7 | 20.7 | 24.6 |
Shares Outstanding (millions) | 56.8 | 56.8 | 56.8 | 56.8 | 56.8 |
Earnings per Share | $0.40 | $0.06 | $0.19 | $0.36 | $0.43 |
Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 |
Assets | |||||
Cash | 50.4 | 74.1 | 88.9 | 87.4 | 90.8 |
Accounts Receivable | 87.3 | 67.9 | 70.2 | 75.9 | 87.2 |
Inventory | 34.1 | 30.8 | 27.8 | 30.9 | 36.5 |
Total Current Assets | 171.8 | 172.8 | 186.9 | 194.2 | 214.5 |
Net Property, Plant & Equip. | 244.3 | 246.8 | 313.4 | 341.8 | 345.5 |
Goodwill & Intangibles | 364.6 | 364.6 | 364.6 | 364.6 | 364.6 |
Total Assets | 780.7 | 784.2 | 864.9 | 900.6 | 924.6 |
Liabilities & Stockholders' Equity | |||||
Accounts Payable | 18.1 | 19.3 | 22.4 | 26.8 | 32.8 |
Accrued Compensation | 6.5 | 7.1 | 6.8 | 8.4 | 8.9 |
Total Current Liabilities | 24.6 | 26.4 | 29.2 | 35.2 | 41.7 |
Long-term Debt | 499.5 | 499.5 | 573.7 | 597.1 | 597.1 |
Total Liabilities | 524.1 | 525.9 | 602.9 | 632.3 | 638.8 |
Stockholders' Equity | 256.6 | 258.3 | 262 | 268.3 | 285.8 |
Total Liabilities & Stockholders' Equity | 780.7 | 784.2 | 864.9 | 900.6 | 924.6 |
Statement of Cash Flows | 2015 | 2016 | 2017 | 2018 | 2019 |
Net Income | 22.8 | 3.3 | 10.7 | 20.7 | 24.6 |
Depreciation & Amortization | 26 | 25.5 | 32.4 | 40 | 38.3 |
Chg. in Accounts Receivable | 3.9 | 19.4 | -2.3 | (5.7) | (11.3) |
Chg. in Inventory | (2.9) | 3.3 | 3 | (3.1) | (5.6) |
Chg. in Payables & Accrued Comp. | 2.3 | 1.8 | 2.8 | 6 | 6.5 |
Cash from Operations | 52.1 | 53.3 | 46.6 | 57.9 | 52.5 |
Capital Expenditures | (26.1) | (23.7) | (100.1) | (76.9) | (41.7) |
Cash from Investing Activities | (26.1) | (23.7) | (100.1) | (76.9) | (41.7) |
Dividends Paid | (5.9) | (5.9) | (5.9) | (5.9) | (7.4) |
Sale (or purchase) of stock | - | - | - | - | - |
Debt Issuance (Pay Down) | - | - | 74.2 | 23.4 | - |
Cash from Financing Activities | (5.9) | (5.9) | 68.3 | 17.5 | (7.4) |
Change in Cash | 20.1 | 23.7 | 14.8 | (1.5) | 3.4 |
Mydeco Stock Price | $8.83 | $2.72 | $4.74 | $9.28 | $10.98 |
Related Book For
Posted Date: