The 2014 income statement for Tiggie’s Stuffed Toys shows that depreciation expense is $71 million, EBIT is $150 million, EBT is $86 million, and the tax rate is 30 percent. At the beginning of the year, the balance of gross fixed assets was $562 million and net operating working capital was $150 million. At the end of the year gross fixed assets was $648 million. Tiggie’s free cash flow for the year was $152 million. Calculate the end of year balance for net operating working capital.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more