II. In 2020, Cane Manufacturing has CAPX of $140,000, Depreciation of $55,000, and EBIT of $480,000. The tax rate is 30%. The following 2019 and 2020 accounts are: Item Required cash Accounts receivable Inventories Accounts payable Accrued liabilities 2019 2020 50,000 60,000 200,000 215,000 300,000 335,000 100,000 120,000 40,000 50,000 a) What is the change in Net Operating Working Capital in 2020? b) What is the Enterprise Value Cash Flow in 2020?
II. In 2020, Cane Manufacturing has CAPX of $140,000, Depreciation of $55,000, and EBIT of $480,000. The tax rate is 30%. The following 2019 and 2020 accounts are: Item Required cash Accounts receivable Inventories Accounts payable Accrued liabilities 2019 2020 50,000 60,000 200,000 215,000 300,000 335,000 100,000 120,000 40,000 50,000 a) What is the change in Net Operating Working Capital in 2020? b) What is the Enterprise Value Cash Flow in 2020?
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
Section: Chapter Questions
Problem 10RE: If 90,000 is invested in a fund on December 31, 2019, and 5 equal annual withdrawals of 23,138.32...
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answer a and b pls
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