Your Perfect Assignment is Just a Click Away

Starting at $8.00 per Page

100% Original, Plagiarism Free, Customized to Your instructions!

glass
pen
clip
papers
heaphones

Finance

Finance

PLEASE SEE ATTACHED

Item 4

South Sea Baubles has the following (incomplete) balance sheet and income statement.

 

BALANCE   SHEET AT END OF YEAR

 

(Figures   in $ millions)

 

Assets

2018

2019

Liabilities and Shareholders’   Equity

2018

2019

 

Current assets

$

104

$

210

Current liabilities

$

78

$

102

 

Net fixed assets

940

1,040

Long-term debt

670

890

 

 

INCOME   STATEMENT, 2019

 

(Figures   in $ millions)

 

Revenue

$

2,020

 

Cost of goods sold

1,100

 

Depreciation

420

 

Interest expense

254

 

a&b. What is shareholders’ equity in 2018 and 2019?

c&d. What is net working capital in 2018 and 2019?

e. What are taxes paid in 2019? Assume the firm pays taxes equal to 21% of taxable income.

f. What is cash provided by operations during 2019?

g. Net fixed assets increased from $940 million to $1,040 million during 2019. What must have been South Sea’s gross investment in fixed assets during 2019?

Complete this question by entering your answers in the tabs below.

· Req A and B

· Req C and D

· Req E

· Req F

· Req G

What is shareholders’ equity in 2018 and 2019? (Enter your answers in millions.)

 

2018

_______ million

2019

_____ million


"Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Order Solution Now

Our Service Charter


1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.