Week 3 GRC Growth Strategy Template (5).xlsx - Balance Sheet Current assets Gross property plant equipment Less accumulated depreciation Net Property

Week 3 GRC Growth Strategy Template (5).xlsx - Balance...

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Post-Acquisition Balance Sheet 2009 2010 2011 Current assets 41,865,867 45,215,136 48,832,347 Gross property, plant & equipment 88,164,876 95,218,066 102,835,511 Less: accumulated depreciation (41,024,785) (48,044,785) (55,626,385) Net Property Plant & Equipment 47,140,091 47,173,281 47,209,126 Goodwill 20,819,868 20,819,868 20,819,868 Total Assets 109,825,826 113,208,285 116,861,342 Current Liabilities 9,825,826 10,611,892 11,460,843 Long-term Debt 40,000,000 40,000,000 40,000,000 Total Liabilities 49,825,826 50,611,892 51,460,843 Common stock (par) 400,000 400,000 400,000 Paid-in capital 59,600,000 59,600,000 59,600,000 Retained earnings 2,596,393 5,400,498 Common equity 60,000,000 62,596,393 65,400,498 Total Liabilities & Equity 109,825,826 113,208,285 116,861,342 Post-Acquisition Income Statement 2009 2010 2011 Revenues 80,000,000 86,400,000 93,312,000 Cost of Goods Sold (45,733,270) (49,391,932) (53,343,286) Gross Profit 34,266,730 37,008,068 39,968,714 SG&A Expenses (17,600,000) (19,008,000) (20,528,640) Advertising Expense - - - Depreciation Expense (6,500,000) (7,020,000) (7,581,600) Net Operating income 10,166,730 10,980,068 11,858,474 Interest Expense (2,523,020) (2,600,000) #NAME? Earnings before Taxes 7,643,710 8,380,068 #NAME?
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  • Spring '17
  • Skobeleva
  • Balance Sheet, Generally Accepted Accounting Principles, Goods Sold, #NAME, Net Property Plant & Equipment

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