Sales revenue COGS Gross profit OP expenses Sellin exp General and admin exp Lease expense Depreciation expense Total operating expense Op profits Interest exp NPBT Taxes (@40%) NPAT Current assets Cash Assets Marketable securities Accounts receivable Inventories Total current assets Fixed (non-current) assets Land and buildings Machinery and buildings Furniture and fixtures Vehicles Other (Included financial leases) Total grossed (non-current) fixed assets LESS: Accumulated depreciation Net fixed (non-current) assets Total assets $ 1.700.000 $ 1.000.000 $ 700.000 $ $ $ $ 70.000 120.000 40.000 100.000 $ 330.000 $ 370.000 $ 70.000 $ 300.000 $ 120.000 $ 180.000 2009 2008 $ 400.000 $ 300.000 600.000 $ 200.000 $ $ $ 400.000 $ 500.000 600.000 $ 900.000 $2.000.000 $1.900.000 $ 1.200.000 $1.050.000 $ 850.000 $ 800.000 300.000 $ 220.000 100.000 $ 80.000 $ $ $ 50.000 50.000 $ $2.500.000 $2.200.000 $ 1.300.000 $1.200.000 $ 1.200.000 $1.000.000 $3.200.000 $2.900.000

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing
Section: Chapter Questions
Problem 14E
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Obtain free cash flow using the formula FCF = OCF - NFAI - NCAI

 

Liabilities and stockholders' equity
Current liabilities
Accounts payable
Notes payable
Accruals
Total current liabilities
Long term debt (includes financial leases
Total liabilities
Stockholders' equity
Preferred stock
Common stock-$1.20 par, 100.000 shares
outstanding in 2009 and 2008
Paid-in capital in excess par on common stock
Retained earnings
Total stockholders equity
Total liabilities and stockholders' equity
2009
2008
$
700.000 $ 500.000
$
600.000 $ 700.000
$ 100.000 $ 200.000
$ 1.400.000 $1.400.000
$ 400.000
$ 600.000
$ 2.000.000 $1.800.000
$ 100.000 $ 100.000
$
120.000 $ 120.000
$ 380.000
$380.000
$ 600.000 $ 500.000
$ 1.200.000 $1.100.000
$3.200.000 $2.900.000
Transcribed Image Text:Liabilities and stockholders' equity Current liabilities Accounts payable Notes payable Accruals Total current liabilities Long term debt (includes financial leases Total liabilities Stockholders' equity Preferred stock Common stock-$1.20 par, 100.000 shares outstanding in 2009 and 2008 Paid-in capital in excess par on common stock Retained earnings Total stockholders equity Total liabilities and stockholders' equity 2009 2008 $ 700.000 $ 500.000 $ 600.000 $ 700.000 $ 100.000 $ 200.000 $ 1.400.000 $1.400.000 $ 400.000 $ 600.000 $ 2.000.000 $1.800.000 $ 100.000 $ 100.000 $ 120.000 $ 120.000 $ 380.000 $380.000 $ 600.000 $ 500.000 $ 1.200.000 $1.100.000 $3.200.000 $2.900.000
Sales revenue
COGS
Gross profit
OP expenses
Sellin exp
General and admin exp
Lease expense
Depreciation expense
Total operating expense
Op profits
Interest exp
NPBT
Taxes (@40%)
NPAT
Current assets
Cash
Assets
Marketable securities
Accounts receivable
Inventories
Total current assets
Fixed (non-current) assets
Land and buildings
Machinery and buildings
Furniture and fixtures
Vehicles
Other (Included financial leases)
Total grossed (non-current) fixed assets
LESS: Accumulated depreciation
Net fixed (non-current) assets
Total assets
$ 1.700.000
$ 1.000.000
$
700.000
$
70.000
$ 120.000
$
40.000
$ 100.000
$
330.000
$
370.000
$
70.000
$
300.000
$
120.000
$ 180.000
2009
2008
$ 400.000 $ 300.000
600.000 $ 200.000
$
$
400.000 $ 500.000
$
600.000 $ 900.000
$ 2.000.000 $1.900.000
$ 1.200.000 $1.050.000
850.000 $ 800.000
$
$
300.000 $ 220.000
$
100.000 $ 80.000
$ 50.000 $ 50.000
$2.500.000 $2.200.000
$ 1.300.000
$1.200.000
$ 1.200.000
$1.000.000
$3.200.000 $2.900.000
Transcribed Image Text:Sales revenue COGS Gross profit OP expenses Sellin exp General and admin exp Lease expense Depreciation expense Total operating expense Op profits Interest exp NPBT Taxes (@40%) NPAT Current assets Cash Assets Marketable securities Accounts receivable Inventories Total current assets Fixed (non-current) assets Land and buildings Machinery and buildings Furniture and fixtures Vehicles Other (Included financial leases) Total grossed (non-current) fixed assets LESS: Accumulated depreciation Net fixed (non-current) assets Total assets $ 1.700.000 $ 1.000.000 $ 700.000 $ 70.000 $ 120.000 $ 40.000 $ 100.000 $ 330.000 $ 370.000 $ 70.000 $ 300.000 $ 120.000 $ 180.000 2009 2008 $ 400.000 $ 300.000 600.000 $ 200.000 $ $ 400.000 $ 500.000 $ 600.000 $ 900.000 $ 2.000.000 $1.900.000 $ 1.200.000 $1.050.000 850.000 $ 800.000 $ $ 300.000 $ 220.000 $ 100.000 $ 80.000 $ 50.000 $ 50.000 $2.500.000 $2.200.000 $ 1.300.000 $1.200.000 $ 1.200.000 $1.000.000 $3.200.000 $2.900.000
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