TABLE 2.2 U.S. CORPORATION Income Statement 2018 Income Statement ($ in millons) Net sales $1,509 Cost of goods sold 750 Depreciation 65 Earnings before interest and taxes $ 694 Interest paid 70...



  1. What is the operating cash flow in 2018?

  2. What is the change of working capital in 2018?

  3. What is the capital spending in 2018?

  4. What is the free cash flow in 2018?


 5. What is the cash flow to creditors in 2018?


6. What is the cash flow to stockholders in 2018?


TABLE 2.2<br>U.S. CORPORATION<br>Income Statement<br>2018 Income Statement<br>($ in millons)<br>Net sales<br>$1,509<br>Cost of goods sold<br>750<br>Depreciation<br>65<br>Earnings before interest and taxes<br>$ 694<br>Interest paid<br>70<br>Taxable income<br>$ 624<br>Taxes (21%)<br>131<br>Net income<br>$ 493<br>Dividends<br>$123<br>Addition to retained earnings<br>370<br>

Extracted text: TABLE 2.2 U.S. CORPORATION Income Statement 2018 Income Statement ($ in millons) Net sales $1,509 Cost of goods sold 750 Depreciation 65 Earnings before interest and taxes $ 694 Interest paid 70 Taxable income $ 624 Taxes (21%) 131 Net income $ 493 Dividends $123 Addition to retained earnings 370
U.S. CORPORATION<br>TABLE 2.1<br>2017 and 2018 Balance Sheets<br>Balance Sheets<br>($ in millions)<br>Liabilities and Owners' Equity<br>Assets<br>2017<br>2018<br>2017<br>2018<br>Current assets<br>Current liabilities<br>Cash<br>$ 104<br>$ 221<br>Accounts payable<br>$ 232<br>$ 266<br>Accounts receivable<br>455<br>688<br>Notes payable<br>196<br>123<br>Inventory<br>553<br>555<br>Total<br>$ 428<br>$ 389<br>Total<br>$1,112 $1,464<br>Fixed assets<br>Net plant and<br>Long-term debt<br>$ 408<br>$ 454<br>equipment<br>$1,644 $1,709<br>Owners' equity<br>Common stock and<br>paid-in surplus<br>600<br>640<br>Retained earnings<br>1,320<br>1,690<br>$2,330<br>Total<br>$1,920<br>Total liabilities and<br>owners' equity<br>Total assets<br>$2,756<br>$3,173<br>$2,756<br>$3,173<br>

Extracted text: U.S. CORPORATION TABLE 2.1 2017 and 2018 Balance Sheets Balance Sheets ($ in millions) Liabilities and Owners' Equity Assets 2017 2018 2017 2018 Current assets Current liabilities Cash $ 104 $ 221 Accounts payable $ 232 $ 266 Accounts receivable 455 688 Notes payable 196 123 Inventory 553 555 Total $ 428 $ 389 Total $1,112 $1,464 Fixed assets Net plant and Long-term debt $ 408 $ 454 equipment $1,644 $1,709 Owners' equity Common stock and paid-in surplus 600 640 Retained earnings 1,320 1,690 $2,330 Total $1,920 Total liabilities and owners' equity Total assets $2,756 $3,173 $2,756 $3,173

Jun 06, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here