You have just obtained financial information for the past 2 years for Treet Corporation. Treet Corporation Income Statements For Year Ending December 31 (Millions Of Dollars) 2012 2011 Sales 3,000.00 3,500.00 Operating costs (excluding depreciation and amortization) 2,500.00 3,100.00 EBITDA 500.00 400.00 Depreciation and amortization 90.00 75.00 Earnings before interest and taxes 410.00 325.00 Interest 70.00 60.00 Earnings before taxes 340.00 265.00 Taxes (40%) 136.00 126.00 Net income available to common stockholders 204.00 139.00 Common dividends 180.00 13.20 Treet Corporation Balance Sheets As at December 31 (Millions Of Dollars) 2012 2013 Assets: Cash and marketable securities 120.00 30.00 Accounts receivable 540.00 400.00 Inventories 540.00 620.00 Total current assets 1,200.00 1,050.00 Net plant and equipment 900.00 750.00 Total assets 2,100.00 1,800.00 Liabilities and equity: Accounts payable 350.00 250.00 Notes payable 250.00 150.00 Accruals 256.00 180.00 Total current liabilities 856.00 580.00 Long-term bonds 450.00 450.00 Total debt 1,306.00 1,030.00 Common stock (50 million shares) 150.00 150.00 Retained earnings 644.00 620.00 Total common equity 794.00 770.00 Total liabilities and equity 2,100.00 1,800.00 What is Treet’s net operating profit after taxes (NOPAT) for 2002? What is Treet’s net operating working capital for 2002? What is Treet’s amount of total investor-supplied operating capital for 2002? What is Treet’s free cash flow for 2002?
You have just obtained financial information for the past 2 years for Treet Corporation.
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Treet Corporation |
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Income Statements |
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For Year Ending December 31 |
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(Millions Of Dollars) |
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2012 |
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2011 |
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Sales |
3,000.00 |
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3,500.00 |
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Operating costs (excluding |
2,500.00 |
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3,100.00 |
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EBITDA |
500.00 |
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400.00 |
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Depreciation and amortization |
90.00 |
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75.00 |
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Earnings before interest and taxes |
410.00 |
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325.00 |
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Interest |
70.00 |
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60.00 |
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Earnings before taxes |
340.00 |
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265.00 |
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Taxes (40%) |
136.00 |
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126.00 |
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Net income available to common stockholders |
204.00 |
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139.00 |
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Common dividends |
180.00 |
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13.20 |
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Treet Corporation |
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Balance Sheets |
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As at December 31 |
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(Millions Of Dollars) |
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2012 |
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2013 |
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Assets: |
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Cash and marketable securities |
120.00 |
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30.00 |
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Accounts receivable |
540.00 |
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400.00 |
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Inventories |
540.00 |
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620.00 |
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Total current assets |
1,200.00 |
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1,050.00 |
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Net plant and equipment |
900.00 |
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750.00 |
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Total assets |
2,100.00 |
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1,800.00 |
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Liabilities and equity: |
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Accounts payable |
350.00 |
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250.00 |
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Notes payable |
250.00 |
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150.00 |
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Accruals |
256.00 |
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180.00 |
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Total current liabilities |
856.00 |
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580.00 |
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Long-term bonds |
450.00 |
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450.00 |
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Total debt |
1,306.00 |
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1,030.00 |
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Common stock (50 million shares) |
150.00 |
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150.00 |
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644.00 |
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620.00 |
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Total common equity |
794.00 |
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770.00 |
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Total liabilities and equity |
2,100.00 |
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1,800.00 |
- What is Treet’s
net operating profit after taxes (NOPAT) for 2002? - What is Treet’s net operating
working capital for 2002? - What is Treet’s amount of total investor-supplied operating capital for 2002?
- What is Treet’s
free cash flow for 2002?
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