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Using the Financial Statements below Calculate the Free Cash flows for RPI , Inc for the year ended December 31, 2011 from an Asset perspective  Calculate the Free Cash flows for RPI , Inc for the year ended December 31, 2011 from a Finance perspective   ASSETS 2010 2011 LIABILITIES & EQUITY 2010 2011 Cash 12000 12750 Accounts Payables 36,000 41250 Marketable Securities 5250 5400 Notes Payables 12,000 9750 Accounts Receivables 31500 28500 Accruals 2,250 1875 Inventory 37500 69750 Tax Payable 2,250 1875 Prepaid Rent 900 825 Total Current Liabilities 52,500 54,750 Total Current Assets 87150 117225 Long Term Debt 120,000 112500 Net Plant & Equipment 214500 217500 Common Stockholders’ Equity 129150 167475 Total Assets 301650 334725 Total Liabilities and Equity 301,650 334,725   Sales   525000 Less: Cost of  Goods Sold   375000 Gross Profits   150000 Less Gen. & Admin. Expenses 37500   Less Interest 7500   Less Depreciation 22500   Profit before taxes   82500 Less Taxes   20325 Net Income available to common stock holders   62175 Less Cash Dividends   23850 Change in Retained Earnings   38325

Using the Financial Statements below Calculate the Free Cash flows for RPI , Inc for the year ended December 31, 2011 from an Asset perspective  Calculate the Free Cash flows for RPI , Inc for the year ended December 31, 2011 from a Finance perspective   ASSETS 2010 2011 LIABILITIES & EQUITY 2010 2011 Cash 12000 12750 Accounts Payables 36,000 41250 Marketable Securities 5250 5400 Notes Payables 12,000 9750 Accounts Receivables 31500 28500 Accruals 2,250 1875 Inventory 37500 69750 Tax Payable 2,250 1875 Prepaid Rent 900 825 Total Current Liabilities 52,500 54,750 Total Current Assets 87150 117225 Long Term Debt 120,000 112500 Net Plant & Equipment 214500 217500 Common Stockholders’ Equity 129150 167475 Total Assets 301650 334725 Total Liabilities and Equity 301,650 334,725   Sales   525000 Less: Cost of  Goods Sold   375000 Gross Profits   150000 Less Gen. & Admin. Expenses 37500   Less Interest 7500   Less Depreciation 22500   Profit before taxes   82500 Less Taxes   20325 Net Income available to common stock holders   62175 Less Cash Dividends   23850 Change in Retained Earnings   38325

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Using the Financial Statements below

  • Calculate the Free Cash flows for RPI , Inc for the year ended December 31, 2011 from an Asset perspective 
  • Calculate the Free Cash flows for RPI , Inc for the year ended December 31, 2011 from a Finance perspective 

 ASSETS

2010

2011

LIABILITIES & EQUITY

2010

2011

Cash

12000

12750

Accounts Payables

36,000

41250

Marketable Securities

5250

5400

Notes Payables

12,000

9750

Accounts Receivables

31500

28500

Accruals

2,250

1875

Inventory

37500

69750

Tax Payable

2,250

1875

Prepaid Rent

900

825

Total Current Liabilities

52,500

54,750

Total Current Assets

87150

117225

Long Term Debt

120,000

112500

Net Plant & Equipment

214500

217500

Common Stockholders’ Equity

129150

167475

Total Assets

301650

334725

Total Liabilities and Equity

301,650

334,725

 

Sales

 

525000

Less: Cost of  Goods Sold

 

375000

Gross Profits

 

150000

Less Gen. & Admin. Expenses

37500

 

Less Interest

7500

 

Less Depreciation

22500

 

Profit before taxes

 

82500

Less Taxes

 

20325

Net Income available to common stock holders

 

62175

Less Cash Dividends

 

23850

Change in Retained Earnings

 

38325
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