How do I find the book vale of something when only given the gains and proceeds from a cash flow statement? We are given the gains from the sale of company-operated restaurants and the proceeds from the sale of those restaurants. Given that information for 2018, what was the book value of the company-operated restaurants? Show your computations: Gains on the sale of company-operated restaurants 2018 2017 2016 $(46,164) (38,034) (1,230) Proceeds from the sale of company-operated restaurants 2018 2017 2016 $26,486 99,591 1,439

How do I find the book vale of something when only given the gains and proceeds from a cash flow statement? We are given the gains from the sale of company-operated restaurants and the proceeds from the sale of those restaurants. Given that information for 2018, what was the book value of the company-operated restaurants? Show your computations: Gains on the sale of company-operated restaurants 2018 2017 2016 $(46,164) (38,034) (1,230) Proceeds from the sale of company-operated restaurants 2018 2017 2016 $26,486 99,591 1,439

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter5: Evaluating Operating And Financial Performance

Section: Chapter Questions

Problem 5EP

See similar textbooks

Similar questions

This might look complicated but I am trying to find the equation to calculate the cost of assets sold in 2018 and Accum. depr.—assets sold 2018. How did it get 65 and 82? Thank you Floral Stores, Inc., sells electronics and appliances. The excerpts that follow are adapted from Floral's financial statements for 2018 and 2017. March 31, Balance Sheet (dollars in millions) 2018 2017 Assets Total current assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,980 $6,901 Property, plant, and equipment. . . . . . . . . . . . . . . . . . . . 4,837 4,199 Less: Accumulated depreciation. . . . . . . . . . . . . . . . . . . . . 2,126 1,720 Goodwill. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 559 517 Year Ended March 31, Statement of Cash Flows (dollars in millions) 2018 2017 Operating activities: Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,150 $983 Noncash items affecting net income:…
compare Starbucks and Dunkin donuts cash flow from Operating activities with the net income of 2018, 2019, 2020 Starbucks: 2020. 2019 2018 basic EPS $0.79 $2.95 $3.27 diluted EPS 0.79 2.92 3.24 dunkin donuts: 2020 2019 2018 basic EPS $ 2.87 2.92 2.75 diluted EPS. 2.85. 2.89. 2.71 compare and result in facts of EPS for both the companies thank you
Given the income statement below, Mega Trade Inc. wants to find the resulting net income for the year 2018 (in million). What is the right amount? Income Statement ($ Million) Year End 2015 2016 2017 2018 Sales 1,234.90 1,251.70 1,300.40 1,334.40 Cost of Sales -679.1 -659 -681.3 -667 Selling & Administration -339.7 -348.6 -351.2 -373.3 Depreciation -47.5 -52 -55.9 -75.2 Other Income/Expenses 11.8 7.6 7 8.2 Interest Income 1.3 1.4 1.7 2 Interest Expense -16.2 -15.1 -20.5 -23.7 Income Taxes -56.8 -64.2 -67.5 -72.6 Dividends -38.3 -38.7 -39.8 -40.1 CHOICES: A. 108.7B. 132.7C. No choice givenD. 132.8E. 121.8
Ebla Tech, is an e-commerce enabler company that provides e-commerce services for various trending products of Beauty, Fashion, Healthcare,F&B, grocerries and many more. Below are the financial data of Elba Tech from 2017 to 2019 in currency unit. Elba Tech's Cash Flow Repory 2019 2018 2017 Cash Flow from operating Activities - 13,421,155,773 500,668,970 144,961,745 Profit for the year (after tax) 3,972,030,182 2,624,211,400 2,084,388,292 Depreciation 272,316,996 188,908,783 106,786,458 Changes in operating assets Decrease (increase) in AR - Non related Party - 5,376,528,126 - 2,680,672,359 - 1,822,904,658 Decrease (increase) in Accounts Receivable - Related Party - 10,001,189,010 - - Decrease (increase) in prepaid Rent 145,936,208 166,380,825 - 312,317,033 Decrease (increase) in prepaid taxes -…
The data table shows financial statement data and stock price data for Mydeco Corp. Suppose Mydeco had purchased additional equipment for $11.7 million at the end of 2016, and this equipment was depreciated by $3.9 million per year in 2017, 2018, and 2019. Given Mydeco‘s tax rate of 35%, what impact would this additional purchase have had on Mydecco’s net income in years 2016-2019? Assume that the equipment is paid for out of cash and that Mydeco earns no interest on its cash balances. In the table, calculate the new net income below. **round to one decimal place**
Given the income statement below, Mega Trade Inc. wants to find the resulting net income for the year 2018 (in million). What is the right amount? Income Statement ($ Million) YEAR END YEAR END YEAR END YEAR END 2015 2016 2017 2018 Sales 1,234.90 1,251.70 1,300.40 1,334.40 Cost Sales -679.1 -659 -681.3 -667 Gross Operating Income Selling & Administration -339.7 -348.6 -351.2 -373.3 Depreciation -47.5 -52 -55.9 -75.2 Other Income/Expenses 11.8 7.6 7 8.2 Earnings Before Interest and Taxes Interest Income 1.3 1.4 1.7 2 Interest Expense -16.2 -15.1 -20.5 -23.7 Pre Tax Income Income Taxes -56.8 -64.2 -67.5 -72.6 Net Income Dividends -38.3 -38.7 -39.8 -40.1 Addition to Retained Earnings
In the income statement below, ABC Trade Inc. wants to find the resulting net income for the year 2018 (in million). What is the right amount? Income Statement ($ Million) Year End 2015 2016 2017 2018 Sales 1,234.90 1,251.70 1,300.40 1,334.40 Cost of Sales (679.10) (659.00) (681.30) (667.00) Gross Operating Income Selling & Administration (339.70) (348.60) (351.20) (373.30) Depreciation (47.50) (52.00) (55.90) (75.20) Other Income/Expenses 11.80 7.60 7.00 8.20 Earnings Before Interest and Taxes Interest Income 1.30 1.40 1.70 2.00 Interest Expense (16.20) (15.10) (20.50) (23.70) Pre Tax Income Income Taxes (56.80) (64.20) (67.50) (72.60) Net Income Dividends (38.30) (38.70) (39.80) (40.10) Addition to Retained Earnings Group of answer choices 121.8 108.7 132.7 132.8 No choice given
An analyst has collected the following information regarding GoNa Grocers: Earnings before interest and taxes (EBIT) - P700 million Earnings before interest, taxes and depreciation (EBITDA) -P850 million Interest expense is P200 million Depreciation is the company’s only non-cash expense What is the company’s net cash flow?
Use the following information to answer this question. Windswept, Inc.2017 Income Statement($ in millions) Net sales $ 9,750 Cost of goods sold 7,800 Depreciation 355 Earnings before interest and taxes $ 1,595 Interest paid 94 Taxable income $ 1,501 Taxes 450 Net income $ 1,051 Windswept, Inc.2016 and 2017 Balance Sheets($ in millions) 2016 2017 2016 2017 Cash $ 250 $ 270 Accounts payable $ 1,480 $ 1,732 Accounts rec. 1,050 950 Long-term debt 1,040 1,228 Inventory 1,720 1,630 Common stock 3,300 3,000 Total $ 3,020 $ 2,850 Retained earnings 620 870 Net fixed assets 3,420 3,980 Total assets $ 6,440 $ 6,830 Total liab. & equity $ 6,440 $ 6,830 Windswept, Inc., has 520 million shares of stock outstanding. Its price–earnings ratio for 2017 is 20. What is the market price per share of stock?
Below are the financial data of Kapit Lang Company, a not-for-profit entity for month of June, 2017.Cash – P3,500,500Accounts Receivable – P350,250Long-Term Investment – P1,250,000Plant, Property and Equipment – P3,500,000Total Liabilities – P3,750,250Transactions for the month of July, 2017 Receive a car worth – P800,000 but treated as temporary restricted net assets Partial payment of accounts payable – P350,000 Issued a promissory notes worth – P450,000 Paid the salary of employees – P16,550 Paid the repair of computer – P7,350 Compute balance of total assets as of July, 2017 a. 9,476,800 b. 9,476,700 c. 9,476,750 d. 9,476,850 Compute the balance of unrestricted net assets as of July, 2017, if unrestricted net assets is 65% of total net assets as of June, 2017. a. 3,128,920 b. 3,128,925 c. 3,128,930 d. 3,128,935 Compute the balance of total liabilities as of July, 2017 a. 3,850,200 b. 3.850,195 c. 3,850,250 d. 3,850,255
Given the income statement below, Mega Trade Inc. wants to find the resulting net income for the year 2016 (in million). What is the right amount? Income Statement ($ Million) YEAR END YEAR END YEAR END YEAR END 2015 2016 2017 2018 Sales 1,234.90 1,251.70 1,300.40 1,334.40 Cost Sales -679.1 -659 -681.3 -667 Gross Operating Income Selling & Administration -339.7 -348.6 -351.2 -373.3 Depreciation -47.5 -52 -55.9 -75.2 Other Income/Expenses 11.8 7.6 7 8.2 Earnings Before Interest and Taxes Interest Income 1.3 1.4 1.7 2 Interest Expense -16.2 -15.1 -20.5 -23.7 Pre Tax Income Income Taxes -56.8 -64.2 -67.5 -72.6 Net Income Dividends -38.3 -38.7 -39.8 -40.1
Consider the following balance sheet and income statement for Mmm Good Foods Inc. (the company that operates Tasty Fried Chicken and Pizza Party), in condensed form, including some information from the cash flow statement: (amounts are in millions) Mmm Good Foods Inc. Balance Sheet 2016 Cash and short-term Investments $ 706 Accounts receivable 372 Inventory 38 Other current assets 382 Long-lived assets 4,008 Total assets $ 5,506 Current liabilities $ 1,379 Total liabilities 11,138 Noncontrolling interest Shareholders’ equity (-5,632 ) Total liabilities and equity $ 5,506 Income Statement Sales $ 6,386 Cost of sales 3,508 Gross margin $ 2,878 Earnings before interest and taxes $ 1,627 Interest 309 Taxes 326 Income from discontinued operations 623 Net income $ 1,615 Share price $ 65 Earnings per share 4.31 Number of outstanding shares (millions) 355.2 Cash…