FreidenbergerH-FINC300-1^.docx - Assignment Instructions Complete the following Exercise 1 from Chapter 2 on page 26 of the textbook Exercise 1 from

FreidenbergerH-FINC300-1^.docx - Assignment Instructions...

This preview shows page 1 - 4 out of 4 pages.

Assignment Instructions Complete the following: Exercise 1 from Chapter 2 on page 26 of the textbook. Exercise 1 from Chapter 3 on page 39 of the textbook. Please complete the exercises in Word or Excel, as applicable. Clearly label your response and organize your work. Save your file as "LastnameFirstinitial-FINC300-1." Submit your work by 11:55 PM ET on Day 7 (Sunday). COMPANY – BOOMWICHERS NV PERIOD N N + 1 N + 2 N + 3 N + 4 N + 5 Operating inflows 165 200 240 280 320 360 Operating outflows 165 175 180 185 180 190 Operating cash flows 0 25 60 95 140 170 Investments -200 Free cash flows -200 25 60 95 140 170 Flows to creditors -100 5 5 5 5 105 Flows to shareholders -100 20 55 90 135 65 What we can conclude from the table above for Boomwichers NV is that they have the capability to pay their creditors and shareholders back. We can also conclude that the operating cash flows increased as the years progressed.
Image of page 1

Subscribe to view the full document.

Image of page 2
Production sold 340 500 Sales 340 500
Image of page 3

Subscribe to view the full document.

Change in finished goods and inprogress inventory 19 175 Purchases of raw materials and
Image of page 4

Unformatted text preview: good for resale 267 050 Change in raw materials and goods for resale 3050 Personnel costs, including payroll taxes 90 000 Other purchases and external costs, including lease payments EBITDA 5675 Depreciation and amortisation 5000 Cost of goods sold 339 825 EBIT 675 Net interest and other financial cost 600 Non-recurring items 45 000 Tax 15 776 Net earnings 29 299 Sale of permises: capital gain €45 000 shown as a non-recurring item gain. Rental of premises: extra €12 000 inoperating cost (recorded under "Other purchases and extrenal costs"), and disappearance of depreciation and amortisation the following year. Repayment of the loan: disappearance of €600 in interest expenses the following financial year. Over the course of the financial year, and after booking these transactions, the company became more wealthy by €29,299 (after tax), the creditors by €600 and the company manager by €14,649....
View Full Document

  • Summer '15

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes