Free Cash Flow The following information is from the financial statements of Evans & Sons. Cash flow from operating activities $1,600,000 Capital expenditures 850,000 Current liabilities, beginning of year 300,000 Current liabilities, end of year 380,000 Calculate the free cash flow for Evans & Sons. $ 0
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- Use the information provided below to prepare the Cash Flow Statement of Rolex Limited for the year ended 31December 2021.INFORMATIONThe following information was extracted from the records of Rolex Limited for the financial year ended 31 December2021.ROLEX LIMITEDSTATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2021RSales 4 140 000Cost of sales (2 020 000)Gross profit 2 120 000Selling and administrative expenses (840 000)Operating profit 1 280 000Interest expense (80 000)Profit before tax 1 200 000Company tax (320 000)Profit after tax 880 000STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER:ASSETS 2021 (R) 2020 (R)Non-current assets 3 740 000 2 940 000Property, plant and equipment 3 440 000 2 940 000Investments 300 000 0 Current assets 1 080 000 900 000Inventories 480 000 500 000Accounts receivable 510 000 320 000Cash and cash equivalents 90 000 80 000Total assets 4 820 000 3 840 000EQUITY AND LIABILITIESEquity 3 120 000 2 600 000Ordinary share capital 2 000 000 2…Free Cash Flow The following information is from the financial statements of Smith & Sons. Cash flow from operating activities $600,000 Capital expenditures 340,000 Current liabilities, beginning of year 120,000 Current liabilities, end of year 144,000 Calculate the free cash flow for Smith & Sons. $0Calculate the Free Cash Flow for Polaris. Item EBITDA Depreciation Tax Rate, T Current Assets Current Liabilities CAPEX Polaris Inc. Selected Financial Information ($000's) Year 0 19,324 17,147 Year 1 10,000 1,188 31% 15,520 15,823 2,078
- Free Cash Flow Kat Co. reports the following financial data for the current year: Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Cash disbursed for capital expenditures Compute Kat's free cash flow. Free cash flow S 17175 x Check $21,500 (10,555) 4,250 (4,325)Given the following data for Year-1: (EBIT-taxes)=$5 million; Depreciation=$2 million; Capital expenditures=$4 million; Working capital expenditures=$1 million. Calculate the free cash flow (FCF) for Year-1: a. $11 million O b. $2 million C. $3 million O d. $7 million.Free cash flow Dillin Inc. reported the following on the company’s statement of cash flows in 20Y2 and 20Y1: Line Item Description 20Y2 20Y1 Net cash flows from operating activities $520,000 $485,000 Net cash flows used for investing activities (432,000) (394,000) Net cash flows used for financing activities (42,000) (58,800) Of the net cash flows used for investing activities, 60% was used for the purchase of property, plant, and equipment. a. Determine Dillin’s free cash flow for both years.
- Cash Flow RatiosSpencer Company reports the following amounts in its annual financial statements: Cash flow from operating activities $90,000 Capital expenditures $59,500* Cash flow from investing activities (68,000) Average current assets 136,000 Cash flow from financing activities (8,500) Average current liabilities 102,000 Net income 42,500 Total assets 255,000 * This amount is a cash outflowa. Compute Spencer's free cash flow.b. Compute Spencer's operating-cash-flow-to-current-liabilities ratio.c. Compute Spencer's operating-cash-flow-to-capital-expenditures ratio. Round ratios to two decimal points. a. Free cash flow Answer b. Operating-cash-flow-to-current-liabilities ratio Answer c. Operating-cash-flow-to-current-expenditures ratio AnswerKela Corporation reports net income of $510,000 that includes depreciation expense of $85,000. Also, cash of $46,000 was borrowed on a 3-year note payable. Based on this data, total cash inflows from operating activities are: Multiple Choice O $641,000. $595,000. O $556,000 $425,000After-Tax Cash Flows Using the data that is shown below - (a) calculate the individual after-tax cash flow effect of each relevant item in each independent situation, and (b) sum the individual after-tax cash flows in each situation to determine the overall net after-tax cash flow. A B C Cash revenue received 66,000 315,000 165,000 Cash operating expenses paid 38,400 231,000 99,000 Depreciation on tax return 8,400 19,200 15,000 Income tax rate 30% 25% 20% Do not use negative signs with any of your answers below. A B C (a) Cash revenue Answer Answer Answer Cash operating expenses Answer Answer Answer Depreciation expense Answer Answer Answer (b) Net after-tax cash flow Answer Answer Answer
- Use the information provided below to prepare the Cash Flow Statement of HarmonyLimited for the year ended 31 December 2020.INFORMATIONThe information provided below was extracted from the accounting records of Harmony Limited on 31 December 2020:Harmony LimitedExtract of Statement of Comprehensive Income for the year ended 31 December 2020RSales 6 600 000Cost of sales (3 900 000)Gross profit 2 700 000Operating expenses (1 710 000)Selling and administrative expenses 1 260 000Depreciation 450 000Operating profit 990 000Interest expense (270 000)Profit before tax 720 000Company tax (240 000)Profit after tax 480 000Extract of Statement of Changes in Equity for the year ended 31 December 2020RetainedearningsRBalance on 01 January 2020 1 500 000Profit after tax 480 000Dividends paid and proposed in 2020 (180 000)Balance on 31 December 2020 1 800 000Balances extracted from the Statement of Financial Position as at 31 December:2020 2019R RPlant and equipment 3 750 000 3 000 000Investments 210…Kela Corporation reports net income of $530,000 that includes depreciation expense of $74,000. Also, cash of $55,000 was borrowed on a 4-year note payable. Based on this data, total cash inflows from operating activities are Mutiple Choice S604.000 O $585,000 O $669.000. $456,000. Ps >>> Type here to search Ps 39% A d) O 99+ ブォ PISO F10 F1 F12 Insert CE T D G H. K アV MI Alt CtriNot Graded Analyzing Cash Flow RatiosMolly Enterprises reported the following information for the past year of operations:For each transaction, indicate whether the ratio will Increase, Decrease, or have No Effect. Transaction FreeCash Flow$250,000 Operating-Cash-Flow-to-Current Liabilities Ratio1.0 times Operating-Cash-Flow-to-Capital Expenditures Ratio3.0 times a. Recorded credit sales of $5,000 Answer Answer Answer b. Collected $3,000 owed from customers Answer Answer Answer c. Purchased $20,000 of equipment on long-term credit Answer Answer Answer d. Purchased $15,000 of equipment for cash Answer Answer Answer e. Paid $4,000 of wages with cash Answer Answer Answer f. Recorded utility bill of $1,500 that has not been paid Answer Answer Answer
