Sales $5,300 $5,900 Depreciation 750 850 COGS 2400 2900 Interest 180 196 Cash 200 500 Accts Receivables 200 400 Notes Payable 800 550 Long-term debt 1500 1950 Net fixed assets 3000 3500 Accounts Payable 250 400 Inventory 700 900 Dividend payout 30% 30% Tax rate 35% 30% What is the inventory period in 2021

Sales $5,300 $5,900 Depreciation 750 850 COGS 2400 2900 Interest 180 196 Cash 200 500 Accts Receivables 200 400 Notes Payable 800 550 Long-term debt 1500 1950 Net fixed assets 3000 3500 Accounts Payable 250 400 Inventory 700 900 Dividend payout 30% 30% Tax rate 35% 30% What is the inventory period in 2021

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter2: Financial Statements, Cash Flow,and Taxes

Section: Chapter Questions

Problem 21SP: Begin with the partial model in the file Ch02 P21 Build a Model.xlsx on the textbooks Web site. a....

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What is the ROE for 2021? 2020 2021       Sales $5,300 $5,900 Depreciation 750 850COGS 2400 2900Interest 180 196Cash 200 500Accts Receivables 200 400Notes Payable 800 550Long-term debt 1500 1950Net fixed assets 3000 3500Accounts Payable 250 400Inventory 700 900Dividend payout 30% 30%Tax rate 35% 30%
What is the AR period for 2021? 2020 2021       Sales $5,300 $5,900 Depreciation 750 850COGS 2400 2900Interest 180 196Cash 200 500Accts Receivables 200 400Notes Payable 800 550Long-term debt 1500 1950Net fixed assets 3000 3500Accounts Payable 250 400Inventory 700 900Dividend payout 30% 30%Tax rate 35% 30%
Use the information below to answer questions 3, 4, 5 and 6.                                                    2020        2021                                                                            Sales $5,300 $5,900 Depreciation 750 850 COGS 2400 2900 Interest 180 196 Cash 200 500 Accts Receivables 200 400 Notes Payable 800 550 Long-term debt 1500 1950 Net fixed assets 3000 3500 Accounts Payable 250 400 Inventory 700 900 Dividend payout 30% 30% Tax rate 35% 30% What is the AR period for 2021?
2020 2019 Net profit for the year 1200 1100 Depreciation for the financial year 80 70 Accumulated depreciation 400 320 Fixed asset impairment reversal gains 50 20 Profits for the sale of fixed assets 100 50 Based on the above information, the cash flow of 2020 before changes in working capital accounts is?
2020 2019 Cash 35,000 32,000 Accounts receivable 33,000 30,000 Inventory 31,000 47,000 Property, plant and equipment 100,000 95,000 Unamortized bond discount 4,500 5,000 Cost of goods sold 250,000 380,000 Selling expenses 141,500 172,000 General and administrative expenses 137,000 151,300 Interest expense 4,300 2,600 Income tax expense 20,400 61,200 756,700 976,100 Allowance for doubtful accounts 1,300 1,100 Accumulated depreciation 16,500 15,000 Trade accounts payable 25,000 17,500 Income taxes payable 21,000 27,100 Deferred income taxes 5,300 4,600 8% callable bonds payable 45,000 20,000 Share capital 50,000 40,000 Share premium 9,100 7,500 Retained earnings 44,700 64,600 Sales 538,800 778,700 756,700 976,100 The entity purchased P5,000 in equipment during 2020. The entity allocated one-third of the…
ASSET 2022 2021 CASH 260,000 200,000 TRADE RECEIVABLE 400,000 300,000 INVENTORIES 360,000 400,000 LAND 3,000,000 2,000,000 BUILDING 3,000,000 3,000,000 EQUIPMENT 80,000 150,000 ACCUMULATED DEPRECIATION -EQUIPMENT (30,000) (70,000) TOTAL 7,070,000 5,980,000 LIABILITIES & EQUITY TRADE PAYABLE 240,000 200,000 BOND PAYABLE 1,200,000 2,000,000 COMMON SHARES 2,400,000 1,200,000 RETAINED EARNING 3,230,000 2,580,000 TOTAL 7,070,000 5,980,000 ADDITIONAL INFORMATION PROFIT FOR 2022…
Compute for the bank's income if a client will purchase USD375,000 @ P50.76 = $1 based on P50.30 benchmark or based rate. a. P172,500 b. P17,500 c. P1,725 d. P17,250
Forecast 2020 income statement and balance sheet using the percent of sales method and the following assumptions: (1) sales in 2020 will be 12.5 million; (2) tax rate keeps the same; (3) each item that changes with sales will be the 2 year average percentage of sales; (4) fixed asset will increase $1,000,000 with a 10 year straight line depreciation schedule with 0 salvage value; (5) the common stock dividends will be $202,000; (6) interest rate on short-term and long-term debt will be 9%; (7) Cash , short-term investment will be the same as 2019; (8) COGS, Selling G&A expenses, A/R, inventory, A/P, Accruals will change in proportion to sales; (9) Notes payable and long-term debt will keep the same; and if there is borrowing need, the company will borrow from long-term debt; (10) the company will not issue stocks in 2020. a) What is the additional funds needed in 2020? Is this a surplus or deficit or balanced? (Without iteration, or borrowing happens at last day of the year) b)…
Period Ending: 2020 31/12 2020 30/06 2019 31/12 2019 30/06 Net Interest Income 9371 9317 9350 8986 Interest Income, Bank 12786 14277 15946 17073 Total Interest Expense 3415 4960 6596 8087 Loan Loss Provision 882 1869 649 624 Net Interest Income After Loan Loss Provision 8489 7448 8701 8362 Non-Interest Income, Bank 2565 2182 2764 3079 Non-Interest Expense, Bank -5667 -5538 -5251 -6090 Net Income Before Taxes 5387 4092 6214 5351 Provision for Income Taxes 1610 1206 1762 1560 Net Income After Taxes 3777 2886 4452 3791 Minority Interest - - - -6 Equity In Affiliates - - - - U.S GAAP Adjustment - - - - Net Income Before Extraordinary Items 3777 2886 4452 3785 Total Extraordinary Items 1100 587 1709 187 Net Income 4877 3473 6161 3972 Total Adjustments to Net Income - - - - Income Available to Common Excluding Extraordinary Items 3777 2886 4452 3785 Dilution Adjustment 128 146 144 156 Diluted Net Income 5005 3619 6305 4128 Diluted…
The following is a four-year forecast for Torino Marine. Year 2022 2023 2024 2025 Free cash flow ($ millions) −52 73 90 112 Estimate the fair market value of Torino Marine at the end of 2021. Assume that after 2025, earnings before interest and tax will remain constant at $200 million, depreciation will equal capital expenditures in each year, and working capital will not change. Torino Marine’s weighted-average cost of capital is 10 percent and its tax rate is 30 percent. Note: Do not round intermediate calculations. Enter your answer in millions rounded to 1 decimal place. Estimate the fair market value per share of Torino Marine’s equity at the end of 2021 if the company has 37 million shares outstanding and the market value of its interest-bearing liabilities on the valuation date equals $270 million. Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Installment sales ??Cost of sales 600,000660,000Installment receivable - 20x1600,000400,000Installment receivable - 20x2720,000Gross profit rates based on sales40%45%How much is the total realized gross profit in 20x2?
The following is a four-year forecast for Torino Marine. Year 2022 2023 2024 2025 Free cash flow ($ millions) −60 81 98 120 Estimate the fair market value of Torino Marine at the end of 2021. Assume that after 2025, earnings before interest and tax will remain constant at $200 million, depreciation will equal capital expenditures in each year, and working capital will not change. Torino Marine’s weighted-average cost of capital is 13 percent and its tax rate is 20 percent. Note: Do not round intermediate calculations. Enter your answer in millions rounded to 1 decimal place. Estimate the fair market value per share of Torino Marine’s equity at the end of 2021 if the company has 45 million shares outstanding and the market value of its interest-bearing liabilities on the valuation date equals $350 million. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. I have the second question right…

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bartleby, a Learneo, Inc. business

Sales	$5,300	$5,900
Depreciation	750	850
COGS	2400	2900
Interest	180	196
Cash	200	500
Accts Receivables	200	400
Notes Payable	800	550
Long-term debt	1500	1950
Net fixed assets	3000	3500
Accounts Payable	250	400
Inventory	700	900
Dividend payout	30%	30%
Tax rate	35%	30%