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Hungry Kids
2012 Income Statement
Net sales $ 4,800
Cost of goods sold 3,450
Depreciation

690
Earnings beforeinterest and taxes $ 660
Interest paid

175
Taxable Income $ 485
Taxes

204
Net income

$

281
Dividends $ 68
Addition to retained earnings $ 213

Hungry Kids
2012 Balance Sheet

2012 2012
Cash $ 75 Accounts payable $ 1,525
Accounts rec. 480 Long-term debt 1,580
Inventory

970

Common stock $ 2,100
Total $ 1,525 Retained earnings

3,120

Net fixed assets

6,800

Total assets

$

8,325

Total liabilities &equity

$

8,325


Hungry Kids is currently operating at full capacity. The profitmargin and the dividend payout ratio are held constant. Net workingcapital and fixed assets vary directly with sales. Sales areprojected to increase by 4 percent. What is the external financingneed?

$50

$74

$73

$49

$72

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Sixta Kovacek
Sixta KovacekLv2
28 Sep 2019

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Related questions

Hungry Kids
2012 Income Statement
Net sales $ 5,200
Cost of goods sold 3,660
Depreciation

710
Earnings beforeinterest and taxes $ 830
Interest paid

200
Taxable Income $ 630
Taxes

212
Net income

$

418
Dividends $ 76
Addition to retained earnings $ 342

Hungry Kids
2012 Balance Sheet

2012 2012
Cash $ 30 Accounts payable $ 1,300
Accounts rec. 520 Long-term debt 1,620
Inventory

1,010

Common stock $ 2,100
Total $ 1,560 Retained earnings

3,740

Net fixed assets

7,200

Total assets

$

8,760

Total liabilities &equity

$

8,760


Hungry Kids is currently operating at full capacity. The profitmargin and the dividend payout ratio are held constant. Net workingcapital and fixed assets vary directly with sales. Sales areprojected to increase by 5 percent. What is the external financingneed?

$13

$27

$14

$29

$28

I need these ratios:

Return on Assets

Return on Equity

Return on invested capital

Profit Margin

Gross Margin

Price to earnings

Asset Turnover

Fixed-Asset Turnover

Inventory Turnover

Collection Period

Days' sales in cash

Payables Period

Assets to Equity

Debt to assets

Debt to equity

Times Interest earned

Times Burden covered

Current Ratio

Acid Test

I need these calculated from bellow along with the common-sizeincome statement and common-size balance sheet from the five yearslisted below:

RUBY TUESDAY INC (RT)Statement of CASH FLOW
Fiscal year ends in May. USD in millionsexcept per share data. 2010-05 2011-05 2012-05 2013-05 2014-05 TTM
Cash Flows From Operating Activities
Net income 45 47 0 -39 -64 -8
Depreciation & amortization 64 64 68 63 57 53
Amortization of debt discount/premium andissuance costs 0 -1
Investment/asset impairment charges 3 7 31 44 25 11
Deferred income taxes 20 -1 -20 -16 2 -1
Stock based compensation 7 8 6 4 8 7
Inventory -8 -2 6 -2 10 0
Prepaid expenses -2 -1 -1 -2 -1 -3
Income taxes payable 10 -4 2 -1 0 2
Other working capital -3 5 19 -19 -6 -26
Other non-cash items 4 -5 2 4 16 9
Net cash provided by operatingactivities 140 116 112 36 45 44
Cash Flows From Investing Activities
Investments in property, plant, andequipment -18 -27 -38 -37 -28 -27
Property, plant, and equipmentreductions 6
Acquisitions, net -4 -24
Other investing activities 8 6 22 59 22 16
Net cash used for investingactivities -9 -24 -34 22 -6 -11
Cash Flows From Financing Activities
Debt issued 246
Debt repayment -204 -91 -263 -27 -40 -16
Common stock issued 73
Common stock repurchased -18 -30 -1 0
Excess tax benefit from stock basedcompensation 1 0 0 0 0
Other financing activities -1 -5 4 0 0
Net cash provided by (used for) financingactivities -131 -92 -40 -53 -41 -16
Net change in cash 0 0 38 5 -2 17
Cash at beginning of period 10 10 10 48 53 44
Cash at end of period 10 10 48 53 51 61
Free Cash Flow
Operating cash flow 140 116 112 36 45 44
Capital expenditure -18 -27 -38 -37 -28 -27
Free cash flow 123 90 74 -1 17 17
RUBY TUESDAY INC (RT)CashFlowFlag BALANCE SHEET
Fiscal year ends in May. USD in millionsexcept per share data. 2010-05 2011-05 2012-05 2013-05 2014-05
Assets
Current assets
Cash
Cash and cash equivalents 10 48 53 51
Total cash 10 48 53 51
Receivables 10 7 1 1 1
Inventories 29 34 29 31 21
Deferred income taxes 14 14 27 7 3
Prepaid expenses 11 12
Other current assets 13 17 23 29 11
Total current assets 76 83 128 121 100
Non-current assets
Property, plant and equipment
Gross property, plant and equipment 1466 1597 1559 1448 1367
Accumulated Depreciation -523 -566 -592 -589 -572
Net property, plant and equipment 943 1031 967 860 795
Goodwill 16 8
Intangible assets 13
Other long-term assets 44 57 71 62 49
Total non-current assets 988 1104 1045 922 857
Total assets 1064 1187 1174 1043 956
Liabilities and stockholders' equity
Liabilities
Current liabilities
Short-term debt 13
Capital leases 15 12 8 5
Accounts payable 23 30 35 15 26
Taxes payable 21 41 47 11 11
Accrued liabilities 27 25 55
Deferred revenues 8 9 9 13 17
Other current liabilities 22 24 29 32
Total current liabilities 115 119 132 106 114
Non-current liabilities
Deferred taxes liabilities 40 43 38 6 4
Deferred revenues 42 60 68 78 75
Other long-term liabilities 329 373 359 337 303
Total non-current liabilities 411 476 465 421 381
Total liabilities 526 595 597 526 495
Stockholders' equity
Common stock 1 1 1 1
Additional paid-in capital 98 105 91 68 76
Retained earnings 452 499 499 460 395
Accumulated other comprehensiveincome -13 -13 -14 -11 -11
Total stockholders' equity 538 592 576 517 461
Total liabilities and stockholders'equity 1064 1187 1174 1043 956
RUBY TUESDAY INC (RT)CashFlowFlag INCOME STATEMENT
Fiscal year ends in May. USD in millionsexcept per share data. 2010-05 2011-05 2012-05 2013-05 2014-05 TTM
Revenue 1195 1265 1326 1251 1169 1137
Cost of revenue 982 1045 1106 1020 986 942
Gross profit 213 221 220 231 182 195
Operating expenses
Sales, General and administrative 71 86 115 139 137 117
Other operating expenses 68 69 101 59 115 87
Total operating expenses 138 155 215 198 252 204
Operating income 74 66 5 33 -70 -8
Interest Expense 17 13
Other income (expense) 1 0 -20 -55
Income before taxes 58 53 -15 -22 -70 -8
Provision for income taxes 12 6 -15 2 -5 0
Net income from continuing operations 45 47 0 -23 -65 -8
Net income from discontinuing ops -16 1 0
Net income 45 47 0 -39 -64 -8
Net income available to commonshareholders 45 47 0 -39 -64 -8
Earnings per share
Basic 0.74 0.73 -0.65 -1.07 -0.13
Diluted 0.73 0.72 -0.65 -1.07 -0.13
Weighted average shares outstanding
Basic 62 64 63 61 60 60
Diluted 62 65 63 61 60 60
EBITDA 140 130 72 97 -12

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