HomeworkLib
Question

($ m) 200X Stryker, Dec 31 ($ m) Assets Cash Marketable securities AR Inventories Other current $1,395 2,890 1,430 1,265 $1,339 2,641 1,518 1,422 1681415 4 Total CA $8,148 $8,335 $2,232 1,284 $948 $2,497 1,416 $1,081 Gross PPE less Accumulated dep Net PPE Goodwill & intangible, net Other long term Total Assets 3,566 5,833 (2,26 494 $13,206 $15,743 544 Liabilities & SH Equity Accounts payable Taxes payable ST portion of LT debt Accrued compensation Accrued expenses $288 70 16 467 1,035 $1,876 $314 131 25 535 1,652 $2.657 Total CL LT Debt other LT liabilities $1,746 987 $4,609 $2,739 1,300 Total iabilities $6,696 Common Stock Additional paid-in capital Retained earnings $38 1,098 7,461 58,597 $38 1,160 7,849 $9,047 Total SH Equity Total Liab. &SH Equity $13,206 $15,743
Stryker, 200Y (m) $9,021 2,762 $6,259 Net Sales COGS Gross Profit Selling, gen. & admin expenses R&D expenses Dep. & Amort $4,077 536 307 $4,920 Total operating expenses Operating Income (EBIT) Interest expense $1,339 $83 $127 other nonoperating expenses Total nonoperating exp Income before taxes Taxes Net Income $1,212 206 $1,006 Use Excel to complete the following:- Prepare a Sources &Uses statement for Stryker for the year 200Y. Prepare a Statement of Cash Flows for Stryker for the year 200Y. 1. 2. 3. Calculate the FreeCash ow for Stryher for the year 200Y. Comment of any figures that you consider to be significant or unusual in any of the statements or calculations above. 4.

Please answer 1-4
business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Answer

Answer 1 Sources of Cash: Decrease in cash and securities Decrease in long term assets Increase in accounts payable Increase in taxes payable Increase in current portion long-term debt Increase in long term debt Increase in other long term liabilities Increase in accrued compensation Increase in accrued expense Increase in paid in capital Increase in retained earnings Total 305 50 26 61 9 993 313 68 617 62 388 2,892 debt in long term debt Bill Uses of Cash: Increase in accounts receivable Increase in inventories- Increase in other current assets Increase in net fixed asset Increase in net intangible asset Total 157 247 133 2,267 2,892

Answer 2 Statement of cash Flow Cash Flows from Operating Activities Amount Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities 1,006 Depreciation Expense Increase in accounts payable Increase in taxes payable Increase in accrued compensation Increase in accrued expense Increase in accounts receivable Increase in inventories- Increase in other current assets Decrease in marketable securities 307 26 61 68 617 (88) (157) (247) 249 Cash generated from operations 836 1,842 Net Cash Provided by Operating Activities Cash Flows from Investing Activities Cash payment for acquisition of equipment Cash payment for acquisition of Intangible assets (265) (2,442) 50 Decrease in long term assets Net Cash provided by (used in) Investing Activities (2,657) Cash Flows from Financing Activities Increase in paid in capital Increase in current portion long-term debt Increase in long term debt Increase in other long term liabilities 62 9 993 313 (618) Cash payment of Dividends Purchase of treasury Stock Net Cash provided by (used in) Financing Activities Net Increase/Decrease in Cash and Cash Equivalents Cash and Cash Equivalents-Opening Cash and Cash Equivalents-Ending 759 (56) 1,395 1,339

Working Notes Beginning Retained Earnin Add: Net Income Less: Dividend Ending Balance 7,461 1,006 618 7,849 Depreciation & Amortisation Expense Depreciation expense: Movement in Accumulated depreciation Amortisation expense Movement in Goodwill & Intangibles net Addition to Intangibles 307 A 132 B 175 |C=A-B 2,267 D 2,442 E-C+D Answer 3 Year Free cash flow Net Cash Provided by Operating Activities Less: Capital expenditure Free cash flow before dividend 200Y 1,842 2,657 815 Answer 4 A company with negative free cash flow indicates an inability to generate enough cash to support the business. Free cash flow tracks the cash a company has left over after meeting its operating expenses and capital expenditure It is important to note that negative free cash flow is not bad in itself; on the face of it. If free cash flow is negative, it could be a sign that a company is making large investments. If these investments earn a high return, the strategy has the potential to pay off in the long rurn

0 0
Add a comment
Know the answer?
Add Answer to:
Please answer 1-4 ($ m) 200X Stryker, Dec 31 ($ m) Assets Cash Marketable securities AR...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Please answer all the questions and show the formulas please. ($ m) 200X Stryker, Dec 31...

    Please answer all the questions and show the formulas please. ($ m) 200X Stryker, Dec 31 ($ m) Assets Cash Marketable securities AR Inventories Other current $1,395 2,890 1,430 1,265 1,168 $8,148 $1,339 2,641 1,518 1,422 1,415 24 Total CA $8,335 $2,232 1,284 $948 $2,497 1,416 $1,081 Gross PPE less Accumulated dep Net PPE Goodwill & intangible, net Other long term Total Assets 3,566 ,8332,26? 494 $13,206 $15,743 544 Liabilities & SH Equity Accounts payable "Taxes payable" ST portion of...

  • complete the following balance sheet. Assets 12/31/2018 12/31/2019 Change Cash $25,000 $35,000 Marketable Securities $10,000 $15,000...

    complete the following balance sheet. Assets 12/31/2018 12/31/2019 Change Cash $25,000 $35,000 Marketable Securities $10,000 $15,000 Accounts Receivable $1,500 $1,500 Fertilizer and Supplies $500 $25,000 Investments in Growing Crops $48,500 $86,000 Crops held for Sale and Feed $12,000 $8,000 Market Livestock $75,000 $115,000 Total Current Assets Breeding Livestock $45,000 $35,000 Machinery and Equipment $350,000 $315,000 Buildings $75,000 $85,000 Investments in Cooperatives $2,000 $2,000 Land $500,000 $525,000 Total Non-Current Assets Total Assets Flag this Question Question 211.5 pts Complete the following...

  • Annalyze Financial ratios of retail industry EXHIBIT 1 I Common-Sized Financial Da Retail Assets Cash &...

    Annalyze Financial ratios of retail industry EXHIBIT 1 I Common-Sized Financial Da Retail Assets Cash & Short-Term Investments Receivables nventories Current Assets-Other Current Assets-Total Net Fixed Assets Assets-Other Intangibles Investments & Advances Assets-Total 4.6 7.0 1.4 17.0 24.5 16.7 1.5 2.5 32.0 43.1 57.0 52.2 2.0 4.0 9.0 0.6 0.0 0.0 100.0 100.0 Liabilities & Equity Accounts Payable Debt in Current Liabilities Income Taxes Payable Current Liabilities-Other Current Liabilities-Total LT Debt Deferred Taxes Liabilities-Other Liabilities-Total Stockholders' Equity Total Liabilities &...

  • please please please I need the answer for balance sheet as of March 31 ASSETS: Cash...

    please please please I need the answer for balance sheet as of March 31 ASSETS: Cash Accounts receivable, net of allowance Raw Materials Inventory Finished Goods Inventory Total Current Assets Property, plant, and equipment Less: Accumulated Depreciation Property, plant, and equipment, net Total assets SHAREHOLDERS AND EQUITY: Accounts payable Income Tax Liability Interest payable Other current liabilities (line-of-credit) Total Liabilities Stockholders' equity Retained Earnings Total liabilities and stockholders' equity Cash $4,650.00, Accounts receivable, net $57,600.00, Inventory   $15,600.00; Property, plant, and...

  • The comparative balance sheet of Canace Products Inc. for December 31, 20Y6 and 20Y5, is as follows: 1 Dec. 31, 20Y6 Dec. 31, 20Y5 2 Assets 3 Cash $643,740.00 $678,670.00 4 Accounts receivable (net) 5...

    The comparative balance sheet of Canace Products Inc. for December 31, 20Y6 and 20Y5, is as follows: 1 Dec. 31, 20Y6 Dec. 31, 20Y5 2 Assets 3 Cash $643,740.00 $678,670.00 4 Accounts receivable (net) 567,590.00 546,500.00 5 Inventories 1,010,270.00 983,300.00 6 Investments 0.00 239,830.00 7 Land 520,160.00 0.00 8 Equipment 879,990.00 680,730.00 9 Accumulated depreciation (244,840.00) (200,100.00) 10 Total assets $3,376,910.00 $2,928,930.00 11 Liabilities and Stockholders’ Equity 12 Accounts payable (merchandise creditors) $771,010.00 $748,100.00 13 Accrued expenses payable (operating expenses)...

  • 5248,000 225,000 756,400 754.358 Cash Marketable Equity Securities (Note 1) Accounts Receivable-Net (Note 2) Inventories (Note 3) Total Current Assets 374,000 954,950 102,000 Investment in Nowe...

    5248,000 225,000 756,400 754.358 Cash Marketable Equity Securities (Note 1) Accounts Receivable-Net (Note 2) Inventories (Note 3) Total Current Assets 374,000 954,950 102,000 Investment in Nowell Co.(15-percent owned) Investment in Knight Co.(25-percent owned) Total Investments 377.000 110,000 743,000 110,000 743,000 1,961,852 267.600) 1,151,692 Total Plant Assets at Cost Plant Assets-Net Total Assets IABILITIES AND SHAREHOLDERS' EQUITY $140,000 535,157 118,000 $100,000 493.296 75,000 40,000 Notes Payable Accounts Payable Rental Fees Received in Advance Income Taxes Payable Total Current Liabilities 1,172,924 1.166,635...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT