The amounts of total net operating capital for both years

Assignment Help Financial Management

Reference no: EM13949051

The following Income Statement and Balance Sheet is for Damian's and Weston's Company: $K 2015 2014 Sales 60 20 Operating Costs 25 8 Depreciation 4 2 EBIT 31 10 Less Interest 0.5 0.5 Earnings before Taxes 30.5 9.5 Taxes @ 40% 12.2 3.8 Net Income 18.3 5.7 Assets 2015 2014 Liabilities 2015 2014 Cash 12 8 Accounts Payable 8 6 ST Investments 10 4 Accruals 9 6 Accounts Receivable 6 6 Notes Payable 4 2 Inventory 5 3 Total Current Liabilities 21 14 Total Current Assets 33 21 LT Debt 7 5 Net Plant & Equipment 11 8 Total Liabilities 28 19 Total Assets 44 29 Common Equity 8 6 Retained Earnings 8 4 Total Equity 16 10 Total Liabilities & Equity 44 29 1) What is the net operating profit after taxes? 2) What are the amounts of net operating working capital for both years? 3) What are the amounts of total net operating capital for both years?

Reference no: EM13949051

Questions Cloud

Yellow industries : Yellow Industries decides to price delivery service according to the results of a recent activity.

What is its days sales outstanding ratio : All for a dollar had accounts receivable of $4,000,000, accounts payable of $3,700,000, inventories of $9,100,000, annual sales of $51,000,000 and net income of $8,750,000. What is its Days Sales Outstanding ratio to two decimal places?

Decide to launch a venture likable lunches : Tony and Franzi, after graduating from the DMBA program, decide to launch a venture "Likable Lunches." To do this, Franzi would need to invest $1,000 at t=0 for the ingredients and menu development for these lunches. There's a 50-50 chance of strong ..

Explain why bogdans should consider moving into ecommerce : What are the factors entrepreneurs should consider when determining the proper price to charge for a product - Explain why the Bogdans should consider moving into ecommerce.

The amounts of total net operating capital for both years : The following Income Statement and Balance Sheet is for Damian's and Weston's Company: $K 2015 2014 Sales 60 20 Operating Costs 25 8 Depreciation 4 2 EBIT 31 10 Less Interest 0.5 0.5 Earnings before Taxes 30.5 9.5 Taxes @ 40% 12.2 3.8. What are the a..

Commit a crime brings up the philosophical question : Does free will exisit? "The Minority Report" by Phillip K. Dick is about a future where the police force arrests criminals before they have a chance to commit a violent crime.

Calculate activity rates for the four overhead activities : Calculate a plantwide rate for Lacy Company based on machine hours. What is the bid price of each job using this rate? Calculate activity rates for the four overhead activities. What is the bid price of each job using these rates?

What is the proportion of debt financing for a firm : What is the proportion of debt financing for a firm that expects a 24% return on equity, a 16% return on assets, and a 12% return on debt? Ignore taxes. A firm has perpetual debt of $10 million at an interest rate of 7%. What is the present value of ..

What are the advantages and disadvantages of each method : What are the advantages and disadvantages of each method? Are there any inherit dangers with either method

User Account

All Pages