The company sold no stock a… Show more Below are Protek’s

Assignment Help Finance The company sold no stock a… Show more Below are Protek’s

Finance

The company sold no stock a… Show more Below are Protek’s

The company sold no stock a… Show more Below are Protek’s balance sheet and income statement for two years. The company sold no stock and paid no dividends. Numbers in the statements are in millions. Construct the statement of cash flows for 20X2 in the area to the right. Balance Sheets Balance Sheets Balance Sheets Income Statements Income Statements Income Statements Statement of Cash Flows 20X2 Statement of Cash Flows 20X2 Statement of Cash Flows 20X2 ASSETS ASSETS 12/31/20X1 12/31/20X2 12/31/20X1 12/31/20X2 Sales $ 1,578 $ 2,106 Cash $ 30 $ 40 COGS $ 631 $ 906 Accounts Receivable $ 175 $ 351 Gross Margin $ 947 $ 1,200 Inventory $ 90 $ 151 CURRENT ASSETS $ 295 $ 542 Expenses Marketing $ 316 $ 495 Fixed Assets R&D $ 158 $ 211 Gross $ 1,565 $ 2,373 Administration $ 126 $ 179 Accum. Depreciation $ (610) $ (860) Total Expenses $ 600 $ 885 Net $ 955 $ 1,513 EBIT $ 347 $ 315 TOTAL ASSETS $ 1,250 $ 2,055 Interest $ 63 $ 95 EBT $ 284 $ 220 Tax $ 97 $ 75 LIABILITIES LIABILITIES Net Income $ 187 $ 145 Accounts Payable $ 56 $ 81 Accruals $ 15 $ 20 CURRENT LIABILITIES $ 71 $ 101 Long-Term Debt $ 630 $ 1,260 Equity $ 549 $ 694 TOTAL CAPITAL $ 1,179 $ 1,954 TOTAL LIABILITIES AND EQUITY $ 1,250 $ 2,055 20X1 20X2 Sales COGS Gross Margin Expenses Marketing R&D Administration Total Expenses EBIT Interest EBT Tax Net Income 20X1 20X2 Current Ratio Quick Ratio ACP Inventory Turnover Fixed Asset Turnover Total Asset Turnover Debt Ratio Debt:Equity TIE ROS ROA ROE Equity Multiplier • Show less

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