Find the net fair value of an asset CONSOLIDATED STATEMENTS OF FINANCIAL POSITIONDecemNotes2020ASSETSCurrent AssetsP 1,229,381,2737,599,984,172Cash and cash equivalentsTrade and other receivables - net9Due from related parties27280,788,885Inventories - net1014,313,100,885Biological assets1465,726,630Prepayments and other current assets - net11484,492,819Total Current Assets23,973,474,664Non-current AssetsProperty, plant and equipment - net157,290,756,893Intangible assets - net123,448,276,612Right-of-use assets - net13678,300,084Deferred tax assets34752,107,229Other non-current assets16133,450,144Total Non-current Assets12,302,890,962P36,276,365,626LIABILITIES AND EQUITYCurrent LiabilitiesTrade and other payables18P 9,670,565,636Borrowings - current portion173,533,466,680Income tax payable194,877,487Due to related parties2775,894,675Lease liabilities- current portion32271,207,134Total Current Liabilities13,746,011,612Non-Current LiabilitiesBorrowings - net of current portionRetirement benefit obligation1719618,902,329Lease liabilities - net of non current portion32465,842,247Deferred tax liability349,398,845Total Non-current Liabilities1,094,143,42114,840,155,033EquityShare capitalShare premium203,542,258,595204,936,859,146Share-based compensation reserve288,211,398Other reserves30,628,942Currency translation adjustment23,818,317Retained earnings12,894,434,19521,436,210,593P36,276,365,626 CONSOLIDATED STATEMENTS OF CASH FLOWSFor the YeNotes2020Cash Flows from Operating ActivitiesProfit before taxP5,127,831,149Adjustments for:Depreciation and amortization12,13,151,106,149,015Finance costs17,32261,151,374Provision on slow moving inventories1083,254,371Loss on impairment of input VAT119,316,412Retirement benefit expense1970,397,959Provision on write-down10391,036,678Loss (Gain) on disposal of property, plant and equipment - net15(2,503,626)Allowance for expected loss99,270,257Provisions on inventory obsolescence24Loss on impairment of goodwillShare based compensation expense1228Impairment loss of trademark34,700,000Interest income23(35,206,519)Gain from sale of scrap - netUnrealized foreign exchange loss (gain) - net23(107,664,525)41,100,997Reversal of allowance for sales return9(3,446,268)Reversal of accruals19(107,184,824)Reversal of allowance of inventory10_(373,327,170)Operating cash flows before working capital changes6,504,875,280Decrease (Increase) in:Trade and other receivables(605,209,506)Due from related partiesInventories(19,199,975)(2,524,528,199)Biological assets(32,346,274)Prepayments and other current assets335,800,702Other non-current assets(43,657,035)Increase (Decrease) in:2,955,682,590Trade and other payablesDue to related parties88,515,508Finance lease obligationExchange differences on translating operating assets and liabilitiesCash generated from operations6,659,933,091Contribution to the retirement fund19(48,612,624)Income tax paid(1,468,959,658)Interest received35,136,001Net cash from (used in) operating activities5,177,496,810Cash Flows from Investing ActivitiesAcquisitions of property, plant and equipmentProceeds from sale of property, plant and equipment15(1,736,384,126)2,503,626Net cash used in investing activities(1,733,880,500)Cash Flows from Financing ActivitiesProceeds from borrowings175,551,000,000Repayments of borrowings17(7,537,541,907)(1,275,213,094)Dividends paidFinance costs paid29(264,635,783)Payment of lease liabilities32(295,688,307)Net cash from (used in) financing activities(3,822,079,090)Net Increase (Decrease) in Cash and Cash Equivalents(378,462,781)Cash and Cash Equivalents, Beginning1,607,844,054Cash and Cash Equivalents, EndP1,229,381,273

It is the estimated worth of an asset or liability on the open market under ideal conditions. It is…

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ASSETS Current Assets Cash and cash equivalents Trade and other receivables - net Due from related parties Inventories - net Biological assets Notes 9 27 10 14 2020 Decem P 1,229,381,273 7,599,984,172 280,788,885 14,313,100,885 65,726,630

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ASSETS Current Assets Cash and cash equivalents Trade and other receivables - net Due from related parties Inventories - net Biological assets Notes 9 27 10 14 2020 Decem P 1,229,381,273 7,599,984,172 280,788,885 14,313,100,885 65,726,630

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter14: Security Structures And Determining Enterprise Values

Section: Chapter Questions

Problem 8EP

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Problem BPeter Senen Corporation provided the following account balances as of September 30, 2020: CashP112,000 Accumulated depreciationP 36,000Accounts Receivable64,000Accounts payable 40,000Finished Goods48,000Income tax payable9,000Work in process 36,000 Share Capital500,000Raw materials 52,000 Retained Earnings207,000Property and Equipment480,000The following transactions occurred during October:1. Materials purchased on account, P150,0002. Materials issued to production: direct materials- P90,000, Indirect materials- P10,000.3. Payroll for the month of October 2020 consisted of the following (also paid during the month):Direct labor P62,000Administrative salariesP16,000Indirect Labor 20,000Sales salaries 30,000Payroll deductions were as follows:Withholding taxes P19,800Phil health contributions P2,000SSS contributions 7,100HDMF contributions 2,0004. Employer contributions for the month were accrued:FactorySellingAdministrativeSSS contributionsP5,700P2,000P1,100Philhealth…
Only for d and e, subpart, a, b, and c has been answered here: https://www.bartleby.com/questions-and-answers/assume-a-rm300000-investment-and-the-following-cash-flows-for-two-products-year-product-x-product-y-/451dabc9-fd11-47c3-b65c-12ff5b7e32e5
Please answer Part B and C. The following are answers from previous questions in case you need the below information. Operating Cash Flow: Operating Cash Flow (OCF)= Net Income + Depreciation – Increase in Working Capital. OCF=419,573+11,751-110,249= 321,075 Net Capital Spending: Net capital expenditures (NCE) = Fixed asset (current period) - Fixed asset (prior period) + depreciation (current period) NCE=258,251-261,779+11,751 =8,223 iii. Change in Net Working Capital Net Working Capital (NWC)= Current assets- current Liabilities Year 2019 : NWC =421,609-148,087 =273,522 Year 2020 : NMW= 550,572-166,801 =383,771 Change in Net Working Capital = 383,771-273,522=110,249 Sl.NO PARTICULARS AMOUNT EBIT + DEPRECIATION - TAXES = 597976+11751-178055= $ 431,672 ii] NET CAPITAL SPENDING: ENDING NET FIXED ASSETS - BEGINNING NET FIXED ASSETS + DEPRECIATION = 258251-261779+11751= $ 8223 iii] CHANGE IN NET WORKING…
statement of cash flow 2019 GH¢’000 2018 GH¢’000 2017 GH¢’000 Cash flows from operating activities Profit before income tax 32,548 35,430 11,576 Adjustments for: - Depreciation 56,108 58,326 54,759 - Amortisation 1,185 971 563 - Loss/(profit) on disposal of property, plant and equipment 2,242 (9) (566) - Impairment charge 1,110 534 43 - Finance cost 19,579 19,392 30,724 - Finance income (2,245)…
statement of cash flow 2019 GH¢’000 2018 GH¢’000 2017 GH¢’000 Cash flows from operating activities Profit before income tax 32,548 35,430 11,576 Adjustments for: - Depreciation 56,108 58,326 54,759 - Amortisation 1,185 971 563 - Loss/(profit) on disposal of property, plant and equipment 2,242 (9) (566) - Impairment charge 1,110 534 43 - Finance cost 19,579 19,392 30,724 - Finance income (2,245)…
After-Tax Cash FlowsFor each of the following independent situations, compute the net after-tax cash flow amount by subtracting cash outlays for operating expenses and income taxes from cash revenue. The cash outlay for income taxes is determined by applying the income tax rate to the cash revenue received less the cash and noncash (depreciation) expenses. A B C Cash revenue received $92,000 $452,000 $222,000 Cash operating expenses paid 56,000 317,000 147,000 Depreciation on tax return 14,000 32,000 22,000 Income tax rate 40% 30% 20% Do not use negative signs with any of your answers below. A B C Cash revenue Answer Answer Answer Cash outlays: Operating expenses Answer Answer Answer Income taxes Answer Answer Answer Total cash outlays Answer Answer Answer Net after-tax cash flow Answer Answer Answer
Xander Inc. has prepared the following sensitivity analysis: Line Item Description Amount Amount Amount Estimated Annual Net Cash Flow $500,000 $600,000 $700,000 Present value of annual net cash flows (× 4.487) $2,243,500 $2,692,200 $3,140,900 Present value of residual value 50,000 50,000 50,000 Total present value $2,293,500 $2,742,200 $3,190,900 Amount to be invested (3,000,000) (3,000,000) (3,000,000) Net present value $(706,500) $(257,800) $190,900 In addition, it has assigned the following likelihoods to the three possible annual net cash flows: $500,000, 70%; $600,000, 20%; and $700,000, 10%. Based on an expected value analysis, which of the following statements is accurate? a. The expected value of the annual net cash flow is $540,000, and the project should be accepted. b. The expected value of the annual net cash flow is $660,000, and the project should be accepted. c. The expected value of the annual net cash flow is $660,000, and the project…
ind the IRR for the following cash flows assuming a WACC of 10%. YR CF 0 -15,000 1 6,000 2 4,000 3 2,000 4 3,000 5 2,000
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7. Use the following information from Dubuque Company’s financial statements to prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018: 2018 Income Statement Balance Sheets Sales $299,000 Cost of Goods Sold (135,000) Operating Expenses, other than depreciation expense. (27,000) Depreciation Expense (17,000) Gain on Sale of Plant Assets 16,500 ------------- Net Income…