The 2013 Income Statement and other selected financial information for Company A, as well as projected amounts for 2014, are shown below. There are no planned gains or losses on disposal of assets in 2014. Assume a tax rate of 35 percent. What is the projected Free Cash Flow (FCF) for 2014? Company A Revenues Operating Expenses Operating Income Interest Expense Pretax Income Tax Expense Net Income Depreciation and Amortization Capital Expenditure Working Capital at Year End 2013 2014 2,000 2,200 1,400 1,540 600 660 100 100 500 560 175 196 325 364 100 100 100 120 200 220
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- Can you do 2022 income statement of this table? Statement of Profit or Loss and Other Comprehensive Income Presentation Currency Nature of Financial Statements Revenue Revenue from Finance Sector Operations Total Revenue Cost of Sales Cost of Finance Sector Operations Total Costs Gross Profit (Loss) from Commercial Operations Gross Profit (Loss) from Finance Sector Operations Gross Profit (Loss) Profit (Loss) From Operating Activities Profit (Loss) Before Financing Income (Expense) Profit (Loss) from Continuing Operations, Before Tax Profit (Loss) from Continuing Operations Profit (Loss) from Discontinued Operations Net Profit (Loss) Profit (Loss) Attributable To, Non- controlling Interests Profit (Loss) Attributable To, Owners of Parent Other Comprehensive Income (Loss) Total Comprehensive Income (Loss) Total Comprehensive Income Attributable To, Non-controlling Interests Total Comprehensive Income Attributable To, Owners of Parent 2020/12 1000TL Consolidated 21.529.210 37.824.578…Below is Company A's balance sheet at the end of 2022. What is the Earnings before taxes (EBT) of Company A? Net sales Variable operating costs Fixed operating costs Depreciation and amortization Interest Taxes Preferred dividends Common dividends 2022 Amount $1,000.0 770.0 50.0 50.0 30.0 20.0 5.0 25.0Presented below are financial statements for Compulsive Ltd. These include the 2024 forecasts for both the income statement balance sheet and the most recent 2023 actuals for the balance sheet. The company has no excess cash or short-term debt. Income statement Operating revenue Operating expenses Depreciation EBIT Interest expense Pre-tax profit Tax expense at 30% Net profit after tax Forecast 2024 600 -490 -48 62 -6 56 -16.8 39.2 a. -$68.6 million b. $59.4 million O c. $11.4 million d. $13.2 million Balance sheet Current assets Net property, plant and equipment Total assets Current liabilities Long-term debt Total liabilities Share capital Retained earnings Total equity Actual 2023 160 200 360 60 100 160 100 100 200 What is the forecasted 2024 free cash flow to the firm for Compulsive Ltd? Forecast 2024 140 272 412 80 106 186 100 126 226
- Kate Company reported the following information for 2020: Sales Cost of goods sold Operating expenses Unrealized gain - FVOCI Cash dividends received on investment For 2020, Kate would report comprehensive income before tax of P1,170,000 O P200,000 P1,150,000 O P970,000 P5,000,000 3,500,000 550,000 200,000 20,000DIRECTION: Compute the following PROFITABILITY RATIOS Gross Margin= Gross Profit/Net Sales Net Profit Margin= Net Profit/ Net Sales Return on Equity= Profit/Shareholder's Equity Return on Asset= Profit/Total Asset TREND ANALYSIS Net Income Growth Rate Total Assets Growth Rate And also compute the percentage beside the columns December 31, December 31, PERCENTAGE 2021 2020 USD USD Assets Current assets Cash and cash equivalents 34,115,412 25,681,845 Short-term financial instruments 71,417,748 80,798,680 Short-term financial assets at amortized cost 2,944,705 2,409,853 Short-term financial assets at fair value through profit or loss 35,624 62,452 Trade receivables 35,585,565 27,065,012 Non-trade receivables 3,930,828 3,150,548 Prepaid expenses 2,042,001 1,980,685 Inventories 36,172,043 28,007,314 Other current assets 4,441,629 3,281,589 Assets held-for-sale - 812,370 Total Current Assets…Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitech's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended March 31, 2019 ($ thousands). Note: Complete the entire question using the following Excel template: Excel Template. Then enter the answers into the provided spaces below with two decimal places. Financial information Net sales Net operating profit after tax (NOPAT) Net operating assets (NOA) $2,788,322 211,362 571,823 Use the parsimonious method to forecast Logitech's sales, NOPAT, and NOA for fiscal years ended March 31, 2020 through 2023 using the following assumptions. Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. Use Increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with two decimal places_. Note: When completing the question…
- An after-tax cash flow analysis produced the data below for the year 2013. Determine the after-tax cash flow for 2013? Before-Tax-and-Loan = $23,000 Loan Principal Payment = $3,203 Loan Interest Payment = $3,878 Depreciation Deduction = $12,490 Taxable Income = $6,633 Taxes Due = $1,658 [enter your answer as a whole number, with no dollar sign or comma] 17,465Following are forecasts of sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of December 31, 2018, for Humana. Reported Horizon Period $ millions 2018 2019 2020 2021 2022 TerminalPeriod Sales $56,912 $57,766 $58,632 $59,512 $60,404 $61,008 NOPAT 2,492 2,542 2,580 2,619 2,658 2,684 NOA 4,032 4,097 4,158 4,221 4,284 4,327 Answer the following requirements assuming a discount rate (WACC) of 7.8%, a terminal period growth rate of 1%, common shares outstanding of 135.6 million, net nonoperating obligations (NNO) of $(6,129) million, which is negative because Humana’s nonoperating assets exceed its nonoperating liabilities, and no noncontrolling interest (NCI) on the balance sheet. (a) Estimate the value of a share of common stock using the residual operating income (ROPI) model as of December 31, 2018. Instructions: Round all answers to the nearest whole number, except for discount factors, shares outstanding (do not round), and…Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitech's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended March 31, 2019 ($ thousands). Note: Complete the entire question using the following Excel template: Excel Template. Then enter the answers into the provided spaces below with two decimal places. Financial information Net sales Net operating profit after tax (NOPAT) Net operating assets (NOA) $2,091,242 158,522 428,867 Use the parsimonious method to forecast Logitech's sales, NOPAT, and NOA for fiscal years ended March 31, 2020 through 2023 using the following assumptions. Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. Use Increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with two decimal places_. Note: When completing the question…
- In the income statement below, ABC Trade Inc. wants to find the resulting net income for the year 2018 (in million). What is the right amount? Income Statement ($ Million) Year End 2015 2016 2017 2018 Sales 1,234.90 1,251.70 1,300.40 1,334.40 Cost of Sales (679.10) (659.00) (681.30) (667.00) Gross Operating Income Selling & Administration (339.70) (348.60) (351.20) (373.30) Depreciation (47.50) (52.00) (55.90) (75.20) Other Income/Expenses 11.80 7.60 7.00 8.20 Earnings Before Interest and Taxes Interest Income 1.30 1.40 1.70 2.00 Interest Expense (16.20) (15.10) (20.50) (23.70) Pre Tax Income Income Taxes (56.80) (64.20) (67.50) (72.60) Net Income Dividends (38.30) (38.70) (39.80) (40.10) Addition to Retained Earnings Group of answer choices 121.8 108.7 132.7 132.8 No choice givenusing the attached data please calculate the Weighted average cost of capital. Revenue Costs of goods sold Gross profit SG&A expense Operating income Interest expense Other income (expense) Income before taxes Income taxes Net income after taxes Adjustments to net income Net income Diluted EPS Dividends per share 2008 9,885,556 6,233,420 3,652,136 2,081,801 1,570,335 323,289 (16,283) 1,230,763 372.587 858,176 (13,251) 844,925 2.61 1.52 Average Historic Yields 1-year 5-year 10-year 2009 10,011,331 6,442,075 3,569,256 2,066,810 1,502,446 275,485 92,922 1,319,883 375,483 944,400 (21,328) 923,072 2.89 1.66 1.21% 2010 10,494,983 6,700,677 3,794,306 2,235,078 1,559,228 250,574 (18,200) 1,290,454 358,514 931,940 30-year Moody's Aaa Moody's Baa 3-month commercial paper Heinz Capital Market Prices of Typical Issues (67,048) 864,892 2003 2004 2005 2006 1.22% 1.55% 3.33% 4.98% 2.85% 3.63% 3.90% 4.92% 3.89% 4.53% 4.21% 5.07% 2.71 1.68 4.79% 5.31% 4.61% 5.17% 5.53% 5.87% 5.21% 5.95% 6.65% 6.58%…Directly Compute Nonoperating Return with Noncontrolling Interest Selected balance sheet and income statement information from Abbott Laboratories for 2018 follows ($ millions). $ millions Net income Net income attributable to Company shareholders Net operating profit after tax (NOPAT) Net nonoperating expense (NNE) $3,078 3,078 3,822 744 Average net operating assets (NOA) 62,689 Average net nonoperating obligations (NNO) 22,506 Average total equity 40,183 Average equity attributable to Company shareholders 39,924 Compute the following measures a through h. a. Return on equity = (Net income attributable to Company shareholders/Average equity attributable to Company shareholders) Net income attributable to Company shareholders Average equity attributable to Company shareholders ROE %