ALX Corp. has the following financial statements for years 2018 and 2017: $m $m Income statement...
ALX Corp. has the following financial statements for years 2018 and 2017:
| $m | $m | |
| Income statement | 2018 | 2017 |
| Revenue | $ 1,500 | $ 1,300 |
| EBITDA | $ 160 | $ 150 |
| Dep. & Amor | $ 30 | $ 25 |
| EBIT | $ 130 | $ 125 |
| Net Income | $ 21 | $ 20 |
| EBT | $ 109 | $ 105 |
| Taxes (35%) | ||
| Net Income | ||
| Balance Sheet | 2018 | 2017 |
| Current Assets | $ 340 | $ 250 |
| Net Plant & Equip. | $ 370 | $ 340 |
| Total Assets | $ 710 | $ 690 |
| Current Liabilities | $ 260 | $ 240 |
| LT Debt | $ 100 | $ 100 |
| Equity & Ret. Earnings | $ 350 | $ 350 |
| Total Liab. & Equity | $ 710 | $ 690 |
The 2018 Free Cash Flows (FCFs) for 2018 are:
Select one:
a. $25m
b. $145m
c. None of he Above
d. $115m
e. $55m
Homework Answers
FCF = (EBITDA + Depreciation - Change in Net working Capital - capital expenditure)*65%
= (160 + 30 - ((CA-CL in 2018) - (CA-CL in 2018)) - (plant and equipment in 2018 - plant and equipment in 2017))*65%
= (190 -((340-260)-(250-240))-(370-340))**65% = 58.5
C) None of the above
Add Answer to:
ALX Corp. has the following financial statements for years 2018
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Additional information from the accounting records of Metagrobolize
also is provided.
METAGROBOLIZE INDUSTRIES
Comparative Balance Sheets
December 31, 2018 and 2017
($ in 000s)
2018
2017
Assets
Cash
$
560
$
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Accounts receivable
710
370
Inventory
860
440
Land
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670
Building
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900
Less: Accumulated depreciation
(200
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(160
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Equipment
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3,230
Less: Accumulated depreciation
(343
)...
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Calculate values and analyse in Yellow INCOME STATEMENT % Change Discovery Manufacturing 2017 to 2018 LINE...
Calculate values and analyse in Yellow
INCOME STATEMENT
% Change Discovery Manufacturing 2017 to 2018
LINE BY LINE ANALYSIS
COMPARED TO
DISCOVERY'S % CHANGE IN SALES
BETTER, SAME AS, WORSE
than Discovery's % Change in Sales
Total sales
Cost of goods sold
Better
Administrative expense
Better
EBITDA
EBIT
Interest expense
EBT
Net income
Dividends
Additions to Retained Earnings
BALANCE SHEET
% Change Discovery Manufacturing 2017 to 2018
LINE BY LINE ANALYSIS
COMPARED TO
DISCOVERY'S % CHANGE IN SALES
BETTER, SAME...
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The comparative statements of financial position for the years 2017 and 2018 and a summarized income...
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Comparative balance sheets for 2018 and 2017 and a statement of
income for 2018 are given below for Metagrobolize Industries.
Additional information from the accounting records of Metagrobolize
also is provided.
METAGROBOLIZE INDUSTRIES
Comparative Balance Sheets
December 31, 2018 and 2017
($ in 000s)
2018
2017
Assets
Cash
$
560
$
370
Accounts receivable
710
370
Inventory
860
440
Land
700
670
Building
900
900
Less: Accumulated depreciation
(200
)
(160
)
Equipment
3,400
3,230
Less: Accumulated depreciation
(343
)...
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Calculate values and analyse in Yellow
INCOME STATEMENT
% Change Discovery Manufacturing 2017 to 2018
LINE BY LINE ANALYSIS
COMPARED TO
DISCOVERY'S % CHANGE IN SALES
BETTER, SAME AS, WORSE
than Discovery's % Change in Sales
Total sales
Cost of goods sold
Better
Administrative expense
Better
EBITDA
EBIT
Interest expense
EBT
Net income
Dividends
Additions to Retained Earnings
BALANCE SHEET
% Change Discovery Manufacturing 2017 to 2018
LINE BY LINE ANALYSIS
COMPARED TO
DISCOVERY'S % CHANGE IN SALES
BETTER, SAME...
$105 Quantitative Problem: Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below. Balance Sheets: 2018 2017 Cash and equivalents $120 Accounts receivable 275 300 Inventories 375 350 Total current assets $770 $755 Net plant and equipment 2,000 1,490 Total assets $2,770 $2,245 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity $150 75 170 $395 450 1,225 700 $2,770 $85 50 195 $330 290 1,225 400 $2,245...
The comparative balance sheets for 2018 and 2017 and the statement of Income for 2018 are given below for Wright Company. Additional Information from Wright's accounting records Is provided also. WRIGHT COMPANY Comparative Balance Sheets Decenber 31, 2018 and 2017 (S in eees) 2018 2017 Assets Cash $ 114 $ 100 142 Accounts receivable Short-term investment Inventory Land Buildings and equipnent Less: Accumulated depreciation 145 16 140 50 145 106 130 710 540 (199) (145) $1,068 926 Liabilities Accounts payable...
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