Question
In: Finance
Below are summary cash flow statements for three roughly equal-sized companies. ($ millions) A B C...
Below are summary cash flow statements for three roughly equal-sized companies.
|
($ millions) |
||||||
| A | B | C | ||||
| Net cash flows from operating activities | (316 | ) | (316 | ) | 332 | |
| Net cash used in investing activities | (916 | ) | (46 | ) | (106 | ) |
| Net cash from financing activities | 1,360 | 242 | (256 | ) | ||
| Cash balance at beginning of year | 166 | 166 | 166 | |||
a. Calculate each company’s cash balance at the end of the year. (Enter your answers in millions.)
| Net cash flows from operating activities | (316 | ) | (316 | ) | 332 | |
| Net cash used in investing activities | (916 | ) | (46 | ) | (106 | ) |
| Net cash from financing activities | 1,360 | 242 | (256 | ) | ||
| Cash balance at beginning of year | 166 | 166 | 166 | |||
Solutions
Expert Solution
| Cash flow amounts in $ Millions | |||||
| Cash flow details | Company A | Company B | Company C | ||
| Cash flow from Operating Activities | (316) | (316) | 332 | ||
| Net Cash used in Investing Activities | (916) | (46) | (106) | ||
| Net Cash from financing activities | 1,360 | 242 | (256) | ||
| a | Net Cash flow from operating, Investing & Financing activities | 128 | (120) | (30) | |
| b | Cash Balance at beginning of the year | 166 | 166 | 166 | |
| c | Cash balance at the end of the year =a+b= | 294 | 46 | 136 | Ans a. |
jeff jeffy answered 2 years agoRelated Solutions
Project Cash Flow Today (millions) Cash Flow in One Year (millions) A -$10 $20 B $6...
Project
Cash Flow Today
(millions)
Cash Flow in One Year
(millions)
A
-$10
$20
B
$6
$4
C
$18
-$12
Suppose all cash flows are certain and the risk-free interest
rate is 5%.
a. What is the NPV of each project?
b. If the firm can choose only one of these
projects, which should it choose?
c. If the firm can choose any two of these
projects, which should it choose?
1. Summary income statements and balance sheets are presented for the three largest companies in the...
1. Summary income
statements and balance sheets are presented for the three largest
companies in the chemical industry for fiscal year 2016 (in
millions).
Income Statement
Balance Sheet
DuPont
Dow
PPG
DuPont
Dow
PPG
Revenues
24594
48158
14751
Cash & Market Securities
5967
6607
1863
COGS
14440
37324
8063
Receivables, net
4789
8831
2692
Gross Profit
10154
10834
6688
Inventories
5673
7363
1546
SG&A Expenses
4319
3304
4630
Total Current Assets
17117
23659
6452
Net Income
2513
4318
877
Fixed...
You are considering three independent projects: A, B, and C. Given the following free cash flow...
You are considering three independent projects: A, B, and C.
Given the following free cash flow information, calculate the
payback period for each. Required rate of return is 9%. (1
Mark)
If you require a 3-year payback before an investment can be
accepted, which project(s) would be accepted? (0.5
Mark)
Year
Project A
Project B
Project C
0
(1,000)
(9,000)
(4,000)
1
300
4,000
1,100
2
400
2,000
1,800
3
250
2,000
2,200
4
125
3,000
2,800
5
125
5,000...
FREE CASH FLOW Arlington Corporation's financial statements (dollars and shares are in millions) are provided here....
FREE CASH FLOW
Arlington Corporation's financial statements (dollars and shares
are in millions) are provided here.
Balance Sheets
as of December 31
2016
2015
Assets
Cash and equivalents
$ 14,000
$ 13,000
Accounts receivable
35,000
30,000
Inventories
33,265
27,000
Total current
assets
$ 82,265
$ 70,000
Net plant and equipment
49,000
45,000
Total assets
$131,265
$115,000
Liabilities and
Equity
Accounts payable
$ 10,800
$ 9,500
Accruals
7,700
7,000
Notes payable
6,000
5,000
Total current
liabilities
$ 24,500
$ 21,500
Long-term bonds
15,000
15,000...
FREE CASH FLOW Arlington Corporation's financial statements (dollars and shares are in millions) are provided here....
FREE CASH FLOW
Arlington Corporation's financial statements (dollars and shares
are in millions) are provided here.
Balance Sheets as of December
31
2016
2015
Assets
Cash and equivalents
$ 15,000
$ 13,000
Accounts receivable
30,000
25,000
Inventories
26,815
23,000
Total current assets
$ 71,815
$ 61,000
Net plant and equipment
46,000
45,000
Total assets
$117,815
$106,000
Liabilities and Equity
Accounts payable
$ 10,800
$ 9,500
Accruals
7,800
6,000
Notes payable
6,200
5,200
Total current liabilities
$ 24,800
$ 20,700
Long-term bonds
20,000
20,000...
FREE CASH FLOW Arlington Corporation's financial statements (dollars and shares are in millions) are provided here....
FREE CASH FLOW Arlington Corporation's financial statements
(dollars and shares are in millions) are provided here. Balance
Sheets as of December 31 2016 2015 Assets Cash and equivalents $
15,000 $ 14,000 Accounts receivable 35,000 30,000 Inventories
34,420 27,000 Total current assets $ 84,420 $ 71,000 Net plant and
equipment 52,000 49,000 Total assets $136,420 $120,000 Liabilities
and Equity Accounts payable $ 10,300 $ 9,000 Accruals 7,300 6,000
Notes payable 7,000 5,100 Total current liabilities $ 24,600 $
20,100 Long-term...
An annuity is a series of equal-sized cash flows occurring over equal intervals of time. An...
An annuity is a series of equal-sized cash flows occurring over
equal intervals of time. An ordinary annuity exists when the cash
flows occur at the end of each period. An annuity due exists when
the cash flows occur at the beginning of each period.
Which of the following statements about annuities are true?
1) The first cash flow of an annuity due is made on the first
day of the agreement.
2) The first cash flow of an ordinary...
1. Cash Flow Statements Prepare a cash flow statement for Anna’s Apples Ltd using the information below....
1. Cash Flow Statements
Prepare a cash flow statement for Anna’s
Apples Ltd using the information below. Use the indirect method for
operating cash flows.
Net Profit for year ended 30 June 2017:
$200,000
30
June
2017 1
July 2016
Cash ? $20,000
Inventory $30,000 $40,000
Accounts
Payable $15,000 $30,000
Unearned
Revenue $12,000 $15,000
Prepaid Insurance
$18,000 $33,000
Goodwill $50,000 $0
Equipment $300,000 450,000
Acc Dep’n Equipment
$150,000 $160,000
Loan
Payable $50,000 $100,000
During the year equipment with a cost of
$150,000 and accumulated depreciation of $50,000 was sold for
$115,000. No other purchases or sales of equipment...
14. Problem 3.14 (Free Cash Flow) eBook Arlington Corporation's financial statements (dollars and shares are in millions)...
14. Problem 3.14 (Free Cash Flow)
eBook
Arlington Corporation's financial statements (dollars and shares
are in millions) are provided here.
Balance Sheets as of December
31
2019
2018
Assets
Cash and equivalents
$ 15,000
$ 11,000
Accounts receivable
35,000
30,000
Inventories
34,115
29,000
Total current assets
$ 84,115
$ 70,000
Net plant and equipment
50,000
46,000
Total assets
$134,115
$116,000
Liabilities and Equity
Accounts payable
$ 10,100
$ 8,500
Accruals
7,500
7,000
Notes payable
6,600
5,000
Total current liabilities
$ 24,200
$ 20,500
Long-term...
After giving a test, below is the summary of grades by gender. A B C Total...
After giving a test, below is the summary of grades by
gender.
A
B
C
Total
Male
5
3
18
26
Female
11
7
16
34
Total
16
10
34
60
If a student is randomly chosen, find the probability that
the student is female. Leave your answer as a
reduced fraction.
the student is female or earned grade A. Leave
your answer as a reduced fraction.
the student is female given he/she earned grade A.
Leave your...
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