Comparative balance sheets for 2018 and 2017, a statement of income for 2018, and additional information from the accounting records of Red, Inc., are provided below.

Additional information from the accounting records:

1. During 2018, $230 million of equipment was purchased to replace $180 million of equipment (95% depreciated) sold at book value.
2. In order to maintain the usual policy of paying cash dividends of $50 million, it was necessary for Red to borrow $50 million from its bank.

Required:
Prepare the statement of cash flows of Red, Inc., using the direct method to report operating activities. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)

Comparative balance sheets for 2018 and 2017, a statement of income for 2018, and additional information from the accounting records of Red, Inc., are provided below.

Additional information from the accounting records:

During 2018, $250 million of equipment was purchased to replace $180 million of equipment (95% depreciated) sold at book value.

In order to maintain the usual policy of paying cash dividends of $70 million, it was necessary for Red to borrow $70 million from its bank.

Required:
Prepare the statement of cash flows of Red, Inc., using the direct method to report operating activities. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)

RED, INC.Statement of Cash FlowsFor year ended December 31, 2018

($ in millions)

Cash flows from operating activities:

Cash inflows:

Cash outflows:

Net cash flows from operating activities

Cash flows from investing activities:

Net cash flows from investing activities

Cash flows from financing activities:

Net cash flows from financing activities

Net increase (decrease) in cash

Cash balance, January 1

Cash balance, December 31

Comparative balance sheets for 2018 and 2017, a statement of income for 2018, and additional information from the accounting records of Red, Inc., are provided below.

Additional information from the accounting records:

a.During 2018, $249 million of equipment was purchased to replace $180 million of equipment (90% depreciated) sold at book value.

b. In order to maintain the usual policy of paying cash dividends of $69 million, it was necessary for Red to borrow $69 million from its bank.

Required:
Prepare the statement of cash flows of Red, Inc., using the direct method to report operating activities. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)

Comparative balance sheets for 2018 and 2017, a statement of income for 2018, and additional information from the accounting records of Red, Inc., are provided below.

Additional information from the accounting records:

During 2018, $248 million of equipment was purchased to replace $180 million of equipment (90% depreciated) sold at book value.

In order to maintain the usual policy of paying cash dividends of $68 million, it was necessary for Red to borrow $68 million from its bank.

Required:
Prepare the statement of cash flows of Red, Inc., using the direct method to report operating activities. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)

Consider a country with 500 adult population in 2018. Suppose in the year 2018, the labor force

participation rate is unknown but the employment rate is 60%. Suppose further that in the year 2019,

the labor force participation is 75%, and the employment rate is 80%. If the labor force participation

rate increased from 2018 to 2019 and the total number of people unemployed remained the same, what

must be true of the total adult population size in 2019?

(a) The total adult population size is more than 1000 in 2019.

(b) The total adult population size is less than 1000 in 2019.

(c) The total adult population size increased.

(d) The total adult population size decreased.

1. FOR MCDONALDS CORP: WHAT IS THE 2018 AND 2017 TIMES INTEREST EARNED

2. FOR MCDONALDS CORP: WHAT IS THE 2018 AND 2017 WHAT IS THE TOTAL DEBT TO TOTAL ASSETS

3. FOR MCDONALDS CORP: WHAT IS THE 2018 AND 2017 AVERAGE COLLECTION PERIOD

1. FOR BURGER KING: WHAT IS THE 2018 AND 2017 TIMES INTEREST EARNED

2. FOR BURGER KING: WHAT IS THE 2018 AND 2017 WHAT IS THE TOTAL DEBT TO TOTAL ASSETS

3. FOR BURGER KING WHAT IS THE 2018 AND 2017 AVERAGE COLLECTION PERIOD

1. A publisher plans to boost the sales of its most popular magazine by sending out promotional mails. We refer to a customer as a responder if he/she subscribes to the magazine for the next year after receiving a promotional mail. Otherwise the customer is referred to as a non-responder. Denote responder by C1 and non-responder by C2. The publisher has built a model to classify each customer as either a responder or a non-responder. In practice only 1% of the customers are responders, and the remaining 99% are non-responders. In order to build an unbiased model, the publisher employed the oversampling method in creating the training set and the validation set, such that both datasets contain 50% responders and 50% non-responders. Please adjust the following validation confusion matrix for oversampling, then compute accuracy measures using the adjusted confusion matrix. Keep at least three digits after the decimal point.

2. A night-club owner has both the student (S) and non-student (NS) customers. The demand for drinks by a typical student is QS = 18 - 3P. The demand for drinks by a typical non-student customer is QNS = 10 – 2P. There are equal number of students and non-students. The marginal cost of each drink is $2. If the club owner could easily identify the groups and can serve each group by offering an entry-fee to the club and number of drink tokens

(a) What would be the entry-fee and the number of drink tokens for each student.

(b) What would be the entry-fee and the number of drink tokens for non-each student.

(c) If there were 100 students and 100 non-students, what would the club owner’s profit be under this pricing regime?

(d) What would you call this pricing regime?

Light, Inc. Consolidated Statements of Cash Flows ($ thousands) For the year ended December 31, 2019 2018 2017 Cash flows from X activities Net income $ 1,629 2,813 4,240 Adjustments to reconcile net income to net cash from X activities: Depreciation 705 747 706 Amortization 15 27 10 Gain/Loss on disposal of property, plant and equipment 3 1 (5) Gain/Loss on sale of short-term securities 50 (70) (60) Changes in certain working capital components: Change in accounts receivable 270 187 426 Change in inventories (800) (1,255) 231 Change in prepaid expenses (203) 35 (120) Change in accounts payable and accrued liabilities (1,525) 1,515 (158) Net cash from X activities 144 4,000 5,270
Cash flows from Y activities Short-term securities (2,937) (1,783) (1,928) Short-term securities 2,072 2,950 2,423 Property, plant and equipment (2,419) (1,950) (1,105) Property, plant and equipment 5 3 13 Other Y activities (34) (25) (805) Net cash from Y activities (3,279) (631) Cash flows from Z activities Long-term debt - 1,482 Long-term debt (280) (300) (320) Notes payable 50 (70) (27) 60 (23) Capital lease (17) Treasury shares (2,286) (2,223) (1,000) (1,900) Dividends - common and preferred (1,133) (1,332) (3,995) Net cash from Z activities (3,163) (2,161) Change in cash and cash equivalents (7,130) 32 2,478 Cash and cash equivalents at the beginning of the year 8,648 8,616 6,138 Cash and cash equivalents at the end of the year 1,518 8,648 8,616
Kindly answer the following questions: 1- Analyze the operating cash flow trend over the three years (in amounts and percentages). How does it compare to net income in each year (include differences in amounts)? From where the difference (between operating cash flow and net income) comes in each year (use $100 thousand as a threshold for your analysis – include in your analysis whether the item has increased or decreased during the year)? 2- What are the main non-operating sources and uses of cash over the past three years? Specifically analyze where management has generated or used cash under non-operating activities in each year (use $100 thousand as a threshold for your analysis – include in your analysis of each year the amount of cash used or generated and identify the cause and the non-operating activity of each amount). 3- Analyze the changes in cash and cash equivalents over the three years (in amounts and percentages). What actions (at least two) would you suggest for management to take in 2020 to avoid a substantial decrease in cash and cash equivalents? 4- What are the free cash flows of years 2017, 2018 and 2019? Show all calculations. Analyze each and every year's free cash flows.