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Category > Business & Finance Posted 31 May 2017 My Price 8.00

Vinny's Overhead Construction

Vinny's Overhead Construction had free cash flow during 2012 of $21.8 million. The change in gross fixed assets on Vinny's balance sheet during 2012 was $8 million and the change in net operating working capital was $9 million.
 
Calculate the missing amounts on Vinny's income statement below. (Enter your answers in millions of dollars rounded to 2 decimal places. Input all amounts as positive values.)
VINNY'S OVERHEAD CONSTRUCTION, CORP.
Income Statement for Year Ending December 31, 2012
(in millions of dollars)
Net sales $  
Less: Cost of goods sold   122.10
 
Gross profits $ 72.00
Less: Depreciation   16.60
Other operating expenses $ 18.40
 
Earnings before interest and taxes (EBIT) $  
Less: Interest    
 
Earnings before taxes (EBT) $  
Less: Taxes    
 
Net income $ 20.54
 

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Status NEW Posted 31 May 2017 04:05 AM My Price 8.00

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