A comparative balance sheet for Bonita Corporation is presented as follows. Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation-Equipment Total Liabilities and Stockholders' Equity Accounts payablo December 31 2020 $72,820 83,440 181,440 72,440 261,440 (70,440 ) $601,140 $35 110 2019 $ 22,000 67,620 190,620 111,620 201,620 (43,620 ) $549,860 $18.620

Do we add in notes payable due 2024 into our statement of cashflows when the balance sheet has dates 2021 and 2022?

Using PROBLEM 1, how much is the projected net cash flows from operating activities for 2026 must be?   Using PROBLEM 1, how much is the INTRINSIC Value of ABC Corporation?   Using PROBLEM 1, how much is the total present value of Free Cash Flows to ordinary shareholders of ABC Corporation?

1. Prepare a forccast cash flow stateaent for 2020. The beginning and ending balances in each of the balance sheet accounts Dec. 31, 2019 Dec. 31, 2020 Pi00,000 360,000 460,000 30,000 P950,000 P1,500,000 Cash P260,000 Accounts receivable Inventory Prepaid insurance Total current assets 180,000 400,000 50,000 P890,000 P1,200,000 Land Plant & equipment Accumulated depreciation Total non-current assets 1,000,000 (400,000) P1,800,000 1,400,000 (500,000) P2,400,000 Total assets P2,690,000 P3,350,000 Accounts payable Accrued operating expenses Interest payable Income taxes payable Р 300,000 200,000 20,000 122,000 P 260,000 132,000 30,000 150.000 P 572,000 700,000 1,100,000 978,000 P 642,000 600,000 Total current liabilities Bonds payable Common stock 800,000 Retained earnings 648,000 Total liabilities & equity P2,690,000 P3,350,000 The forecast income statement for the Mexico Company for 2020 is presented below: Sales Cost of sales Gross profit Operating expenses Income before interest & tax…