Using this information, fill in the blanks on Rebecky's balance sheet below. TUT
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
5
![Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $62 million, NOPAT of $114 million, and depreciation of $16
million. Using this information, fill in the blanks on Rebecky's balance sheet below.
Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.)
Assets
Current assets:
Cash and marketable securities
Accounts receivable
Inventory
Total
Fixed assets:
Gross plant and equipment
Less: Accumulated depreciation
Net plant and equipment
Other long-term assets
Total
Total assets
$
$
$
$
$
$
2024
REBECKY'S FLOWERS 4U, INCORPORATED
Balance Sheet as of December 31, 2024 and 2023
(in millions of dollars)
29 $
82
132
243 $
420 $
56
364 $
30
394 $
637
$
2023
0
26
72
112
210
Liabilities and Equity
Current liabilities:
Accrued wages and taxes
Accounts payable
Notes payable
Total
Long-term debt:
370 Stockholders' equity:
40
330
30 Retained earnings
360
Total
570 Total liabilities and equity
Preferred stock (5 million shares)
Common stock and paid-in surplus (20 million shares)
$
$
$
$
2024
42 $
80
5 $
567
$
$
40
217
262 $
637
S
2023
40
60
80
180
165
5
40
180
225
570](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa67777da-4b55-4cc7-85c7-4cd85410f300%2F19eb31ac-73b9-41cc-896e-7359318579c0%2Fx8yz16_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $62 million, NOPAT of $114 million, and depreciation of $16
million. Using this information, fill in the blanks on Rebecky's balance sheet below.
Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.)
Assets
Current assets:
Cash and marketable securities
Accounts receivable
Inventory
Total
Fixed assets:
Gross plant and equipment
Less: Accumulated depreciation
Net plant and equipment
Other long-term assets
Total
Total assets
$
$
$
$
$
$
2024
REBECKY'S FLOWERS 4U, INCORPORATED
Balance Sheet as of December 31, 2024 and 2023
(in millions of dollars)
29 $
82
132
243 $
420 $
56
364 $
30
394 $
637
$
2023
0
26
72
112
210
Liabilities and Equity
Current liabilities:
Accrued wages and taxes
Accounts payable
Notes payable
Total
Long-term debt:
370 Stockholders' equity:
40
330
30 Retained earnings
360
Total
570 Total liabilities and equity
Preferred stock (5 million shares)
Common stock and paid-in surplus (20 million shares)
$
$
$
$
2024
42 $
80
5 $
567
$
$
40
217
262 $
637
S
2023
40
60
80
180
165
5
40
180
225
570
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