CHE374F-PS09-Sol-2009 - CHE374F Problem Set #9 2009...

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Page 1 of 3 CHE374F Problem Set #9 2009 Question #1: Income Statement Balance Sheet Assets Liabilities Sales 300,000 Current Assets Current Liabilities Labour 105,000 Cash 9,000 Acc. Payable 14,000 Materials 45,000 Accounts Receivables 16,000 Short Term Debt 12,000 Gross Margin 150,000 Inventories 38,000 Accrued Liab. Selling expenses 16,000 Prepaid Expenses Wages Payable Admin expenses 25,000 Investments 45,000 Taxes Payable 32,480 Indirect costs 5,000 Total Current Assets 108,000 Total Current Liabilities 58,480 Miscellaneous expenses 8,000 Noncurrent Assets Noncurrent Liabilities EBITDA 96,000 Land 20,000 Long term debt 26,300 Depreciation 19,000 Plant and Equip. at Cost Total Noncurrent Liabilities 26,300 EBIT 77,000 Less Depreciation Total Liabilities 84,780 Interest expense 1,300 Plant and Equip. Net 250,000 Equity Other loss (gain) 2,000 Total Noncurrent Assets 270,000 Common Stock 210,000 EBT 73,700 Total Assets 378,000 Paid-in Capital - Others
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This note was uploaded on 10/18/2010 for the course ENGINEERIN CHE374 taught by Professor Y.lawrynshyn during the Fall '09 term at University of Toronto.

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CHE374F-PS09-Sol-2009 - CHE374F Problem Set #9 2009...

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