12. Exhibit A includes 2013 and 2014 year-end Balance Sheets and the 2014 Income Statement

FratBro23
Category:
Accounting
Price: $10 USD

Question description

Exhibit A includes 2013 and 2014 year-end Balance Sheets and the 2014 Income Statement for Sports-R-Us Corporation (a) Use this information to construct the company’s 2014 Statement of Cash Flows. (b) What was the company’s Free Cash Flow in 2014? (c) What was the company’s Return on Average Equity in 2014? (d) How many days’ sales in accounts receivable did the company have at the end of 2014? (e) What was the company’s debt-equity ratio at the end of 2014? Develop your answers on a separate sheet of paper and attach, if you wish. You may also attach a copy of yourcomputer-generated Statement of Cash Flowsspreadsheet, if applicable.

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(Top Tutor) Daniel C.
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