ExamISOL - Problem 1 20 points Use the following...

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Selected Financial Data 2010 2009 2008 Net Income  $140,000   $163,000   $50,000  Cash  $40,000   $24,000   $20,000  Receivables, net  $90,000   $55,000   $62,000  Other Current Assets  $74,000   $73,000   $73,000  Long-term investments  $78,000   $70,000   $70,000   $525,000   $427,000   $470,000  Total Assets  $807,000   $649,000   $695,000  Current Liabilities  $93,000   $75,000   $70,000  Long term debt  $90,000   $70,000   $90,000  Common Stock  $370,000   $340,000   $310,000  Retained Earnings  $254,000   $164,000   $225,000   $807,000   $649,000   $695,000  Average shares outstanding  370,000   320,000   300,000  Value/Ratio Analysis a.  Earnings per share  $0.38   $0.51   $0.17  b.  Working capital  $111,000   $77,000   $85,000  c.  Current ratio 219% 203% 221% d.  Debt to Total Assets ratio 22.7% 22.3% 23.0% f.  Comparison of performance over three years--discussion   Liquidity   Solvency   Profitability Problem 1, 20 points.  Use the following information to analyze the Liquidity,  solvency, and Profitability of Big Corp over the past 3 years. Working capital has improved and the current ratio has improved although there was a  decline in the current ratio between 2010 and 2008. Its debt to total assets ratio has stayed constant over the 3 year period so the company  appears to be adequately managing its debt burden. Net income and EPS have decreased from 2009 to 2010, but they increased from 2008 to  2010.  Perhaps 2009 was an abnormal year.
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 Amount  Accounts payable  $2,400  Interest Expense Accounts receivable
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ExamISOL - Problem 1 20 points Use the following...

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