What is National Co.’s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022? NATIONAL CO.: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31(MILLIONS OF PHP)2021P3,600.0 P3,000.02,550.0P 450.075.0P 375.060.02022SalesO perating costs (excluding depreciation and amortization)Е ВITDADepreciation and amortizationE arnings before interest and taxesInterestE arnings before taxesTaxes (40%)Net income available to common stockholders3.060.0P 540.090.0P 450.065.0P 385.0P 315.0154.0126.0P 231.0 P 189.0Common dividendsP 181.5P 13.2NATIONAL CO.: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31(MILLIONS OF PHP)20222021Assets:Cash and marketable securitiesP 36.0540.0P 30.0450.0_ 600.0P1,080.0750.0P1.830.0Accounts receivableInventoriesTotal current assets540.0P1,116.0900.0P2.016.0Net plant and equipmentTotal assetsLiabilities and equity:Accounts payableNotes payableP 324.0P 270.0155.0201.0180.0P 605.0450.0P1,055.0150.0625.0P 775.0P1.830.0216.0P 741.0450.0P1,191.0AccrualsTotal current lia biltiesLong-term bondsTotal debtCommon stock (50 million shares)Retained earningsTotal com mon equityTotal liabilities and equity150.0675.0P 825.0P2.016.0

Year : 2022 •Net Current Assets investment: = Total Current assets - Total Current liabilities…

Answered: What is National Co.’s amount of total…

What is National Co.’s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: You have been provided Income Statement and Financial Position Statement of Oman Cement Company SAOG…

A: Th working capital management is very essential to continue the operations of the firm. Therefore,…

Q: THE FIRST MAZOON FUND STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2019 2019…

A: Horizontal analysis of financial statements is used to depict the percentage change in the amount of…

Q: Calculate the Net Working Capital (NWC) for 2016 = Total Current Assets - Total Current Liabilities…

A: Net Working Capital is used to understand the short term liquidity position of the company. It is…

Q: How should inflation expectations be included in analysis of capital projects?

A: Inflation expectations should be included in the analysis of capital projects by factoring in the…

Q: Objective Type Question: Given the scenario of XYZ Corp's expansion project and financing…

A: According to SFAC 7, the most relevant measurement of an entity's liabilities at initial recognition…

Q: Does the PW method assume that the interest rate charged to any fundswithdrawn from a firm's…

A: The question is based on the concept of present worth calculation of any fund in investment…

Q: How much should be reported as other comprehensive income for 2020?

A: Other comprehensive income is a part of financial statements where unrealized gains and losses from…

Q: Which of the following is a potential source of capital for a company to invest in long-term assets?…

A: When a company decides to invest in long term assets it means thst they are allocating resources for…

Q: FMG Altman Z Score 2018 2019 2020 0.55 0.54 0.57 0.47 0.48 0.51 0.10 0.24 0.30 0.00124 0.00198…

A: Ratio analysis is a tool used by the financial analyst to measure the financial performance of the…

Q: Provide a brief analysis on the company's fixed assets (capital investments) - types, size, suitable…

A: Ancom Berhad is a diversified company with business interests in the manufacturing and marketing of…

Q: Under what conditions can a firm’s weighted average cost of capital be used for assessing new…

A: Weighted average cost of capital is also known as the WACC. This is the rate which must be earned by…

Q: What are the after effects (both short term and long term) of capitalizing the cable costs of…

A: Capital expenditures (CapEx) are cash outlays made by a company to purchase, improve, and maintain…

Q: 70. Those debt investment acquired that is not held for collecting contractual cash flows are…

A: solution concept whenever there is investment in financial assets made , the investment can be…

Q: Prepare the journal entries that were recorded by Church to record the sale of the investment and…

A: Working: Calculation of cash received on sale of investment: Carrying…

Q: 2019 2018 Notes US$ US$ INCOME Dividends income on quoted financial assets at fair value through…

A: Vertical Analysis - Vertical Analysis is an analysis of a financial statement which helps investors…

Q: i) Estimate Mencias Corp. total financing requirements (total assets). ii) What is Mencias Corp. net…

A: Introduction: Total assets are the total amount of assets owned by an individual or entity. An asset…

Q: What are the reasons for using the private rate of return as thethe opportunity cost of capital for…

A: Opportunity cost of capital is the rate which an investor foregoes due to the investment in other…

Q: total risk weighted for credit risk = 889, total Capital charge for Market risk 26, Total capital…

A: To calculate ABC's current ratio of total regulatory capital to risk-weighted assets according to…

Q: List possible sources of additional paid-in capital.

A: Additional paid in capital arise when the market value of share issued (or) property exchanged is…

Q: Q10) Capital budgeting involves ____________ decisions in purchasing ____________ assets. Group of…

A: The company makes investments to increase its earnings and achieve growth. The company has different…

Q: 9.Working capital is calculated as: Select one: Current assets plus current liabilities…

A: Introduction Working capital is an important measure of a business's financial health and liquidity.…

Q: Which of the following investment criteria are commonly used by Canadian firms in their capital…

A: Capital Budgeting Techniques helps to decide the investment project that should be selected.

Q: Assuming that Kennel does use the equity method, what amount will it report on its statement of…

A: Introduction: One of 3 financial Statements is that the financial statement. The financial…

Q: What is the value of operations at Year 0? How does the Year-0 value of operations compare with the…

A: Data given: Year Cash Flow ($) 1 -13 2 8.36 3 45.738 4 48.0249 Discount rate=9%

Q: Group Parent company Profit for the year 45,571 34,362 Profit before tax 53,462 34,370 Basic…

A: Sequence of profit analysis- a) Profit before tax b) Profit after tax c) Basic earnings per share…

Q: SBP Co. provided these data for 2020: Income from continuing operations Unrealized gain on financial…

A: Net income is the difference between total revenues generated and total expense incurred during the…

Q: Net working capital is defined as: Select one: a. Fixed assets minus long-term liabilities. b.…

A: Net working capital is the measure of company's liquidity and short term financial health.

Q: What do managers use to evaluate domestic and international capital investment projects? A)…

A: Capital investment decisions are a crucial part of any business. To ensure long-term profitability,…

Q: Calculate New Chip’s Coverage ratios for 2022 using: a-Earnings before Interest and Tax (EBIT) ÷…

A: Ratio analysis is one of the technique used in management accounting under which several…

Q: The method of analyzing capital investment proposals that divides the average annual income by the…

A: This pertains to capital budgeting. In capital budgeting we appraise a project to determine whether…

Q: Using the following data, Beginning finished goods inventory Beginning work in process inventory…

A: The cost of goods manufactured includes the cost of goods that are finished during the period. The…

Q: Using this link:…

A: I can't access specific content from external links or documents, including the one you provided.…

Q: Which of the following is not an alternative for a capital charge for Operational Risk as stated in…

A: Operational risk means the risk arriving during the human error or system error. It is not at all…

Q: 11. Which of the following forms part of working capital? Select one: Long-term debt Machinery…

A: Working capital is the capital available for the day-to-day operations of a business and is used to…

Q: Debt Capital Structure Equity D/E Ratio 2018 2019 0.2451 2020 0.2459 2,977,841,000 3,017,298,000…

A: YearDebt (MYR)Equity (MYR)D/E…

Q: Using the information from question 1, calculate the current ratio for 2018 and 2019 respectively:…

A: Current ratio for 2018= Current AssetsCurrent Liabilities= $101,600$33,650=3.02

Q: Net Fixed Assets and Depreciation [L04] On the balance sheet, the net fixed assets (NFA) account is…

A: Income statement is prepared by the organization to determine the level of sales made during the…

Q: 1. The comparison of the expected future streams of earnings from a project, with the immediate and…

A: Statement- The comparison of the expected future streams of earnings from a project with the…

Q: (b) With respect to capital budgeting decisions, explain the terms “mutual exclusivity”,…

A: Capital Budgeting decisions involve deciding the investment project that should be selected. The…

Question

What is National Co.’s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022?

NATIONAL CO.: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31
(MILLIONS OF PHP)
2021
P3,600.0 P3,000.0
2,550.0
P 450.0
75.0
P 375.0
60.0
2022
Sales
O perating costs (excluding depreciation and amortization)
Е ВITDA
Depreciation and amortization
E arnings before interest and taxes
Interest
E arnings before taxes
Taxes (40%)
Net income available to common stockholders
3.060.0
P 540.0
90.0
P 450.0
65.0
P 385.0
P 315.0
154.0
126.0
P 231.0 P 189.0
Common dividends
P 181.5
P 13.2
NATIONAL CO.: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31
(MILLIONS OF PHP)
2022
2021
Assets:
Cash and marketable securities
P 36.0
540.0
P 30.0
450.0
_ 600.0
P1,080.0
750.0
P1.830.0
Accounts receivable
Inventories
Total current assets
540.0
P1,116.0
900.0
P2.016.0
Net plant and equipment
Total assets
Liabilities and equity:
Accounts payable
Notes payable
P 324.0
P 270.0
155.0
201.0
180.0
P 605.0
450.0
P1,055.0
150.0
625.0
P 775.0
P1.830.0
216.0
P 741.0
450.0
P1,191.0
Accruals
Total current lia bilties
Long-term bonds
Total debt
Common stock (50 million shares)
Retained earnings
Total com mon equity
Total liabilities and equity
150.0
675.0
P 825.0
P2.016.0

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

The is the cost of each financing component multiplied by that component's percent of the total funding amount. cost of capital IRR cost of debt NPV
What was the consideration paid by CIH for the Investment in NMS
Capital investment decisions involve investments in long-term operational assets. TRUE OR FALSE?
Which of the below are the correct adjustments we make to a company's EBIT to arrive at its FCFF? Select all that apply. Select All That Apply A B D E F Take out taxes Subtract depreciation and amortization Subtract capital expenditures Add back acquisition expenses Subtract changes in net working capital Add back R&D expenses ?
An overall capitalization rate (Ro) is divided into which type of income or cash flow to obtain an indicated market value? Multiple Choice Net operating income (NO) Effective gross Income (EG) Before-tax cash flow (BTCA) After-tax cash flow (ATCA) Potential gross income (PG)
Review the Republic Financial Holdings Limited 2022 annual report. What recommendations can be made for the preparation of the financial statements ?
Based on the Republic Bank TT, an investment holding company, answer the following questions below using the following link below for help. Provide a detail explanation and examples to the answers. https://www.republictt.com/pdfs/annual- reports/RFHL-Annual-Report-2022.pdf 1. Assess the company's working capital position by analyzing its current assets and liabilities using common methods and measures( using the figures in the financial statements) 2. Evaluate the efficiency of the company's working capital management strategies, including inventory management, accounts receivable, and accounts payable( using figures from the financial statements) 3. Based on the assessment and evaluation above, provide ten recommendations for improving the company's working capital management practices.
Discuss ANY TWO (2) factors that affect the cost of capital or weighted average cost of capital (WACC) in investment appraisal. (2 marks)
Determine the formula for EVA. (WACC = Weighted-average cost of capital) After tax operating inc. Current liabilities Market value of debt Market value of equity Operating income Revenues Total assets WACC x ( )) = EVA
10.-From the following options, choose the four that correspond to the application of financial management in the long term. A) Preparing financial reports B) Long-term investments C) Manage working capital D) Capital structure E) Support in identifying SWOT F) Budgeting G) Financial strategy (Class excercise)
Using the findings, provide a brief summary about the financial status of each of the companies and provide a recommendation for the investment choice.
You can include Fixed Assets in the Net Working Capital formula. T/F