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orie_hw_1(1)rk - Kristin Chen ORIE 350 Section#3 CH 1 HW(14...

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14) 411 mil RE yr 11 52 mil Net Income -446 mil RE yr 12 17 mil year 12 dividends 16) 373 mil Cash @ beg 303 mil Cash Inflow from Op. -346 mil Cash Inflow from Invest. -19 mil Cash Inflow from Fin. 311 mil Cash @ End 17) 575.5 mil Cash @ beg 917.4 mil Cash Inflow from Op. -643.3 mil Cash Inflow from Fin. -634 mil Cash @ end 215.6 mil Cash inflow from Ivest. 18) BALANCE SHEET 31-Dec 2008 ASSETS Cash $1,000 Accounts Receivable $- Inventories $- Prepayments $- Total Current Assets $1,000 Property, Plant, & Equiptment (net) $500 Other Assets $20,000 Total Assets $21,500 LIABILITIES & SHAREHOLDERS' EQUITY Accounts Payable $- Notes Payable $500 Current Portion of Long-Term Debt $- Other Current Liabilities $1,000 Total Current Liabilities $1,500 Long-Term Debt $7,000 Other Noncurrent Liabilities $3,000 Total Liabilities $11,500 Common Stock $- Retained Earnings $10,000 Total Shareholders' Equity $10,000 Total Liabilities & Shareholders' Equity $21,500 This differs from exhibit 1.1 because it only shows 1 year as opposed to 2. 20) a) Year 9 Year 10 Year 11 Year 12 Noncurrent Assets $3,759 $5,302 $7,201 $8,816 Shareholders' Equity $3,136 $4,695 $5,495 $6,674 Total Assets $6,345 $9,012 $11,376 $13,736 Current Liabilities $1,765 $2,386 $2,929 $3,017 Current Assets $2,586 $3,710 $4,175 $4,920 Noncurrent Liabilities $1,444 $1,931 $2,952 $4,045 Total Liabilities & SE $6,345 $9,012 $11,376 $13,736 (all numbers in millions) b) Both Current & Noncurrent Assets appear to have increased over the 4 year period. This may have occurred due to growth/expansion with PPE or an increase in Lowe's popularity c) 23) Year 9 Year 10 Year 11 Year 12 a) Current Assets 17819 21150 17633 18927.65 Kristin Chen ORIE 350 Section #3 1/30/2008 CH 1 HW (14, 16,17,18,20,23,34,35) SE has increased over the 4 year period along with both Current Liabilities and Non Current Liabilities. This may have occurred to more stock being issued or a stock split. CL & NL may have increased
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