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CH02AQZV7

# CH02AQZV7 - Chapter 02 Quiz A Student Name Use these...

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Chapter 02 Quiz A Student Name _________________________ Student ID ____________ Use these financial statements to answer the questions on this quiz. Balance Sheet 2004 2005 2004 2005 Cash \$ 1,100 \$ 1,300 Accounts payable \$ 3,000 \$ 2,100 Accounts receivable 3,900 3,600 Long-term debt 6,800 7,300 Inventory 5,600 5,100 Common stock 8,800 9,000 Net fixed assets 10,900 12,800 Retained earnings 2,900 4,400 Total assets \$21,500 \$22,800 Total liabilities and equity \$21,500 \$22,800 Income Statement Net Sales \$41,000 Costs 31,500 Depreciation 1,600 EBIT 7,900 Interest 400 Taxable income 7,500 Taxes 1,125 Net Income \$ 6,375 ________ 1. What is the amount of the current assets for 2005? a. \$4,900 b. \$10,000 c. \$10,600 d. \$22,800 ________ 2. What is the amount of the net working capital for 2005? ________ 3. What is the total amount of stockholders’ equity for 2005? ________ 4. What is the amount of the non-cash expenses? ________ 5. What is the amount of dividends paid this year? a. \$3,575 b. \$4,875 c. \$6,375 d. \$7,875 ________ 6. What is the amount of the cash flow from operations? ________ 7. What is the amount of net capital spending? ________ 8. What is the change in net working capital?

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CH02AQZV7 - Chapter 02 Quiz A Student Name Use these...

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