PROBLEMS_ch2

PROBLEMS_ch2 - stockholders ($$ in millions) 2008 2009...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
MGMT 310 Practice problems Relevant material: lecture 2, chapter 2 Chapter 2, problems: 14, 15, 21, 22 Additional cash-flow problem: Based on the following information for Corporation A and assuming a 35% average tax rate, do the following: - Prepare income statement for 2009 - Prepare balance sheets for 2008 and 2009 - For 2009, calculate cash flow from assets, cash flow to creditors, and cash flow to
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: stockholders ($$ in millions) 2008 2009 Sales $5,000 $6,000 Cost of goods sold 2,500 2,750 Depreciation 550 596 Interest 204 216 Dividends 500 600 Current assets 3,011 3,320 Net fixed assets 7,000 8,011 Current liabilities 2,515 2,650 Long-term debt 3,102 3,455...
View Full Document

This note was uploaded on 02/04/2011 for the course MGMT 310 taught by Professor Matthewjamesbarcaskey during the Spring '08 term at Purdue.

Ask a homework question - tutors are online