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■ company but she is not performing any task in the company. This person will longer receive this compensation. All results are reinvested in the company (no divided forecasted for the nex years).

■ company but she is not performing any task in the company. This person will longer receive this compensation. All results are reinvested in the company (no divided forecasted for the nex years).

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 1.4.2MBA: Return on assets The following data (in millions) were adapted from recent financial statements of...
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Would the cash balance on the company's balance sheet increase by the amount paid to an employee if they no longer receive income from the company?

Profit and loss Data Net Sales COGS Operating Expenses Other results Financial income Financial expense EBT ■ ■ Impairment and gains or losses on disposals of fixed assets Depreciation & Amortization Corporate taxes (25%) Net Income % Net income margin Cash Equity Financial Debt Trade Payables The manager's daughter is receiving a salary of £28,000 annually from the company but she is not performing any task in the company. This person will no longer receive this compensation. All results are reinvested in the company (no divided forecasted for the next 5 years). Balance Sheet Data Fixed Assets Inventories Trade Receivables Short-term financial investments 2021A 2022A 2023B 2024F 2025F 12,938,510 19,248,124 17,832,391 19,412,009 21,421,881 -14,053,614 -15,519,382 -13,091,175 -16,673,279 -15,311,520 -1,753,154 -1,821,879 -1,862,214 -1,927,850 -2,013,190 -562,958 76,691 -112,687 10,372 -149,790 1,168,490 -292,123 876,368 4.55% 0 26,728 -109,070 9,543 -143,926 -3,084,983 771,246 -2,313,737 -17.88% 2021A 2,180,410 2,546,627 2,728,595 507,911 1,162,908 1,363,397 2,705,470 5,057,583 2022A 2,198,536 2,613,260 2,780,901 543,838 1,259,792 1,338,394 2,705,470 5,352,462 0 0 -120,988 11,256 -151,054 2,618,216 -654,554 1,963,662 11.01% 2023B 2,291,696 2,684,296 2,860,550 562,394 1,298,419 1,236,527 2,840,744 5,620,085 0 0 -121,157 12,134 -156,106 545,751 -136,438 409,313 2.11% 2024F 2,386,860 2,718,551 2,949,807 580,994 1,354,711 1,107,053 2,982,781 5,901,090 0 0 -124,847 12,622 -157,476 3,827,469 -956,867 2,870,602 13.40% 2025F 2,409,182 2,748,879 3,031,277 596,880 1,368,177 826,330 3,131,920 6,196,144 2026F 20,227,751 -16,177,221 -2,042,990 0 0 -125,870 13,568 -164,263 1,730,976 -432,744 1,298,232 6.42% 2026F 2,456,016 2,845,027 3,050,453 619,601 1,410,187 586,818 3,288,516 6,505,951 2027F 23,076,360 -18,633,159 -2,140,210 0 0 -135,866 13,613 -172,647 2,008,090 -502,023 1,506,068 6.53% 2027F 2,516,571 2,853,511 3,070,779 671,337 1,440,184 268,191 3,452,942 6,831,249
Transcribed Image Text:Profit and loss Data Net Sales COGS Operating Expenses Other results Financial income Financial expense EBT ■ ■ Impairment and gains or losses on disposals of fixed assets Depreciation & Amortization Corporate taxes (25%) Net Income % Net income margin Cash Equity Financial Debt Trade Payables The manager's daughter is receiving a salary of £28,000 annually from the company but she is not performing any task in the company. This person will no longer receive this compensation. All results are reinvested in the company (no divided forecasted for the next 5 years). Balance Sheet Data Fixed Assets Inventories Trade Receivables Short-term financial investments 2021A 2022A 2023B 2024F 2025F 12,938,510 19,248,124 17,832,391 19,412,009 21,421,881 -14,053,614 -15,519,382 -13,091,175 -16,673,279 -15,311,520 -1,753,154 -1,821,879 -1,862,214 -1,927,850 -2,013,190 -562,958 76,691 -112,687 10,372 -149,790 1,168,490 -292,123 876,368 4.55% 0 26,728 -109,070 9,543 -143,926 -3,084,983 771,246 -2,313,737 -17.88% 2021A 2,180,410 2,546,627 2,728,595 507,911 1,162,908 1,363,397 2,705,470 5,057,583 2022A 2,198,536 2,613,260 2,780,901 543,838 1,259,792 1,338,394 2,705,470 5,352,462 0 0 -120,988 11,256 -151,054 2,618,216 -654,554 1,963,662 11.01% 2023B 2,291,696 2,684,296 2,860,550 562,394 1,298,419 1,236,527 2,840,744 5,620,085 0 0 -121,157 12,134 -156,106 545,751 -136,438 409,313 2.11% 2024F 2,386,860 2,718,551 2,949,807 580,994 1,354,711 1,107,053 2,982,781 5,901,090 0 0 -124,847 12,622 -157,476 3,827,469 -956,867 2,870,602 13.40% 2025F 2,409,182 2,748,879 3,031,277 596,880 1,368,177 826,330 3,131,920 6,196,144 2026F 20,227,751 -16,177,221 -2,042,990 0 0 -125,870 13,568 -164,263 1,730,976 -432,744 1,298,232 6.42% 2026F 2,456,016 2,845,027 3,050,453 619,601 1,410,187 586,818 3,288,516 6,505,951 2027F 23,076,360 -18,633,159 -2,140,210 0 0 -135,866 13,613 -172,647 2,008,090 -502,023 1,506,068 6.53% 2027F 2,516,571 2,853,511 3,070,779 671,337 1,440,184 268,191 3,452,942 6,831,249
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