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What is National Co.'s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022? *

What is National Co.'s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022? *

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter7: Operating Assets
Section: Chapter Questions
Problem 36BE: Analyzing Fixed Assets Pitt reported the following information for 2018 and 2019: Required: Compute...
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What is National Co.'s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022? * Sample format: 1,111,111,111
Transcribed Image Text:What is National Co.'s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022? * Sample format: 1,111,111,111
NATIONAL CO.: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF PHP) 2021 P3,600.0 P3,000.0 2.550.0 2022 Sales Operating costs (excluding depreciation and amortization) E BITDA Depreciation and amortization Earnings before interest and taxes 3.060.0 P 540.0 P 450.0 75.0 P 450.0 P 375.0 65.0 90.0 60.0 P 385.0 P 315.0 154.0 Interest E arnings before taxes Taxes (40%) Net income available to common stockholders 126.0 P 231.0 P 189.0 P 181.5 Common dividends P 13.2 NATIONAL CO.: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF PHP) 2022 2021 Assets: Cash and marketable securities Accounts receivable P 36.0 540.0 P 30.0 450.0 540.0 P1,116.0 900.0 P2.016.0 Inventories Total current assets 600.0 P1,080.0 750.0 P1.830.0 Net plant and equipment Total assets Liabilities and equity: Accounts payable Notes payable Accruals Total current liabilties Long-term bonds Total debt Common stock (50 million shares) Retained earnings Total com mon equity Total labilties and equity P 324.0 201.0 216.0 P 741.0 450.0 P1,191.0 P 270.0 155.0 180.0 P 605.0 450.0 P1,055.0 150.0 150.0 675.0 P 825.0 P2.016.0 625.0 P 775.0 P1.830.0
Transcribed Image Text:NATIONAL CO.: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF PHP) 2021 P3,600.0 P3,000.0 2.550.0 2022 Sales Operating costs (excluding depreciation and amortization) E BITDA Depreciation and amortization Earnings before interest and taxes 3.060.0 P 540.0 P 450.0 75.0 P 450.0 P 375.0 65.0 90.0 60.0 P 385.0 P 315.0 154.0 Interest E arnings before taxes Taxes (40%) Net income available to common stockholders 126.0 P 231.0 P 189.0 P 181.5 Common dividends P 13.2 NATIONAL CO.: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF PHP) 2022 2021 Assets: Cash and marketable securities Accounts receivable P 36.0 540.0 P 30.0 450.0 540.0 P1,116.0 900.0 P2.016.0 Inventories Total current assets 600.0 P1,080.0 750.0 P1.830.0 Net plant and equipment Total assets Liabilities and equity: Accounts payable Notes payable Accruals Total current liabilties Long-term bonds Total debt Common stock (50 million shares) Retained earnings Total com mon equity Total labilties and equity P 324.0 201.0 216.0 P 741.0 450.0 P1,191.0 P 270.0 155.0 180.0 P 605.0 450.0 P1,055.0 150.0 150.0 675.0 P 825.0 P2.016.0 625.0 P 775.0 P1.830.0
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