Solution-What was the cost of goods produced by the company

What was the cost of goods produced by the company

Reference no: EM13892305

Selected information for Blake's Restaurant Supply follows.

	($ in millions)
	2010	2011
Net sales	$694	$782
Cost of goods sold	450	502
Depreciation	51	61
Net income	130	142
Finished goods inventory	39	29
Accounts receivable	57	87
Accounts payable	39	44
Net fixed assets	404	482
Year-end cash balance	$ 86	$135

a. During 2011, how much cash did Blake's collect from sales?

b. During 2011, what was the cost of goods produced by the company?

c. Assuming the company neither sold nor salvaged any assets during the year, what were the company's capital expenditures during 2011?

d. Assuming that there were no financing cash flows during 2011 and basing your answer solely on the information provided, what was Blake's cash flow from operations in 2011?

Reference no: EM13892305

Questions Cloud

How they are used by homeland security agencies : Describe and discuss detection, inspection, and surveillance technologies, and how they are used by Homeland Security agencies to gather electronic information.

New antibiotic resistant strains of bacteria? : new antibiotic resistant strains of bacteria?

Identify the possible advantages julie might enjoy : Identify the possible advantages Julie might enjoy in becoming manager of a group of which she has long been a member. What are the possible disadvantages that might present themselves to Julie because she has long been a member of this group

Analyze at least three failed deployments or strategies : Conduct web research focusing upon failed e-business/e-commerce strategies and/or e-commerce systems deployments. (Google "failed e-commerce" and you will find many examples). Try to analyze at least three failed deployments or strategies.

What was the cost of goods produced by the company : During 2011, how much cash did Blake's collect from sales? During 2011, what was the cost of goods produced by the company?

Debate efficacies of public versus private-based quality : Debate the efficacies of public versus private-based quality initiatives. What roles do each play in the quality of U.S. health care? How would the elimination of one aspect affect the other?

How is your body capable of producing movement? : How is your body capable of producing movement?

Develop a briefing for a group of c-level corporate : Using current information available on the Internet, develop a briefing for a group of C-level corporate executives at a company of your choice in regard to information security issues inherent in their e-commerce strategies and operations.

Compare policies with regard to expected daily costs : Given the current situation, estimate the probability that on a peak day, at least one faculty member with a sticker will be unable to find a spot - Compare these policies with regard to expected daily costs, expected number of units Short per day..

User Account

All Pages

What was the cost of goods produced by the company

Reference no: EM13892305

Reference no: EM13892305

Questions Cloud

Reviews

Write a Review

Corporate Finance Questions & Answers

Write paper on financial analysis and business analysis

Calculate the rate of return of the portfolio

What is the length of the firms cash conversion cycle

Find what is your profit

You are the cfo for a 400-bed hospital in your community

Calculate the value of all future dividends at the beginning

Evaluation of alternative projects - time value of

Implications of planning and control

What is the expected return of your portfolio

Cincinnati express is a small regional airlinenbsp to open

Polycorp is considering an investment in new plant of 3

A find the present value of an income stream that has a

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT