IF Study Questions for The Beginnings

IF Study Questions for The Beginnings - BUSFIN 1030...

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BUSFIN 1030 – Introduction to Finance Study Questions for The Beginnings (Simplified) Balance Sheets as of June 30, 2007 and 2008 ($ in billions) 2008 2007 2008 2007 Cash 9.3 10.6 Accounts payable 18.0 18.7 Accounts receivable 6.8 6.6 Notes payable 13.0 12.0 Inventories 8.4 6.8 Current liabilities Current assets Long-term debt 43.5 40.6 Net PPE 20.6 19.5 Goodwill 60.0 56.6 Common stock 20.5 24.9 Trademarks 38.9 37.9 Retained earnings 49.0 41.8 Net fixed assets Owners’ equity Total assets Total liabilities and owners’ equity (Simplified) Income Statement for 2008 ($ in billions) Net sales 83.5 COGS 40.7 SGA 23.4 Depreciation expense 2.3 EBIT Interest expense 1.0 Taxable income Taxes 4.0 Net income Dividends paid Additions to retained earnings 1. 2.
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IF Study Questions for The Beginnings - BUSFIN 1030...

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