Fundamentals of Financial Management, Concise Edition (MindTap Course List)
9th Edition
ISBN: 9781305635937
Author: Eugene F. Brigham, Joel F. Houston
Publisher: Cengage Learning
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Question
Chapter 3, Problem 3DQ
Summary Introduction
To analyze: The changes in cash balance in two years based on the statement of cash flow.
Introduction:
A part of annual financial statements, the statement of cash flow is used to report the cash and changes in cash during the accounting period. It categories the cash flows in three parts that are cash from the operations, cash from financing and cash from the investing activities.
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2014 2013
Cash 177,000 78,000
Accounts recievable 180,000. 185,000
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Equipment 298,000 240,000Accoumulated depreciation-- equipment (106,000) (89,000)
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Income Statement,Fiscal Years Ended ($ millions)
2012Estimated
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Revenue
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$50,272
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37,611
Restructuring charges - cost of goods sold
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Gross profit
13,239
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Selling, general and administrative expenses
10,769
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Restructuring charges
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198
Goodwill and tradename impairment
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--
Operating income
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2,114
Other income (expenses)
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Interest expense
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Earnings before income tax expense and equity in income of affiliates
2,434
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2
2
Net earnings including noncontrolling interests
1,599
1,366
Net earnings attributable to noncontrolling interests
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Net earnings attributable to Best Buy Co., Inc.
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Chapter 3 Solutions
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Ch. 3 - Prob. 1QCh. 3 - Who are some of the basic users of financial...Ch. 3 - If a typical firm reports 20 million of retained...Ch. 3 - Explain the following statement: Although the...Ch. 3 - Prob. 5QCh. 3 - Prob. 6QCh. 3 - Prob. 7QCh. 3 - Prob. 8QCh. 3 - How are managements actions incorporated in EVA...Ch. 3 - Explain the following statement: Our tax rates are...
Ch. 3 - Prob. 11QCh. 3 - How does the deductibility of interest and...Ch. 3 - BALANCE SHEET The assets of Dallas Associates...Ch. 3 - INCOME STATEMENT Byron Books Inc recently reported...Ch. 3 - INCOME STATEMENT Patterson Brothers recently...Ch. 3 - STATEMENT OF STOCKHOLDERS EQUITY In its most...Ch. 3 - MVA Harper Industries has 900 million of common...Ch. 3 - Prob. 6PCh. 3 - EVA Barton Industries has operating income for the...Ch. 3 - PERSONAL TAXES Susan and Stan Britton are a...Ch. 3 - BALANCE SHEET Which of the following actions are...Ch. 3 - STATEMENT OF STOCKHOLDERS EQUITY Electronics World...Ch. 3 - EVA For 2016, Gourmet Kitchen Products reported 22...Ch. 3 - Prob. 12PCh. 3 - Prob. 13PCh. 3 - FREE CASH FLOW Arlington Corporations financial...Ch. 3 - INCOME STATEMENT Edmonds Industries is...Ch. 3 - FINANCIAL STATEMENTS The Davidson Corporation's...Ch. 3 - Prob. 17PCh. 3 - Prob. 18PCh. 3 - FINANCIAL STATEMENTS, CASH FLOW, AND TAXES Laiho...Ch. 3 - Prob. 20ICCh. 3 - Prob. 1DQCh. 3 - Prob. 2DQCh. 3 - Prob. 3DQCh. 3 - Prob. 4DQCh. 3 - Prob. 5DQ
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