This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Balance SheetMolson Coors Inc.Years 1 & 2 ($000s)Year 1Year 2Cash & Marketable ... (Read 40 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Apr 25, 2021
Balance Sheet
Molson Coors Inc.
Years 1 & 2 ($000s)
​Year 1Year 2
Cash & Marketable Securities309,70559,167
Accounts Receivable108,732705,426
Inventories138,577215,159
Other Current Assets49,51574,144
Total Current Assets606,5291,053,896
PP&E, Net869,7101,380,239
Intangibles86,2891,256,145
Other Assets177,164607,131
Total Assets1,739,6924,297,411
Accounts Payable222,493334,647
Other current liabilities210,052669,195
Short-term Debt85,000144,049
Total Current Liabilities517,5451,147,891
Long-term debt20,0001,383,392
Other long-term liabilities250,835784,277
Total liabilities788,3803,315,560
Capital Stock8,92228,334
Retained earnings954,9811,086,965
Adjustments-12,591-133,448
Total shareholders' equity951,312981,851
Total Liabilities & Equity1,739,6924,297,411


Income Statement
Molson Coors Inc.
Years 1 & 2 ($000s)
​Year 1Year 2
Revenues2,429,4623,776,322
COGS1,537,6232,414,530
Depreciation121,091230,299
SG&A619,143833,208
EBIT151,605298,285
Interest Expense-14,40349,732
Other income32,0058,047
Pre-Tax Income198,013256,600
Income Tax75,04994,947
Net Income122,964161,653
Shares outstanding36,90236,140
Earnings per share$3.33$4.47
Dividends per common share$0.80$0.82

Referring to the Molson Coors financial statements, what reason best explains the change in leverage between Year 1 and Year 2?
◦ Purchase of another company
◦ A large dividend to common shareholders
◦ An increase in goodwill
◦ Relaxation of the collection policy
◦ Large amount of capital expenditures in Year 2
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nautica902 on Apr 25, 2021

vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


nautica902

  • Member
  • Posts: 591
Reply 2 on: Apr 25, 2021
Excellent

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period
Sodium’s chief role is regulation of fluid balance Sodium’s chief role is regulation of fluid balance
The Romberg test for balance The Romberg test for balance
Estimated number of new HIV infections per year over time period in Canada Estimated number of new HIV infections per year over time period in Canada
Comparing Fluid Balance Comparing Fluid Balance
Cyanobacteria from 850 million years ago (Photo 2) Cyanobacteria from 850 million years ago (Photo 2)
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library