Q1G - QUIZ ONE: BUSINESS 312 NAME _ Student Number_...

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QUIZ ONE: BUSINESS 312 NAME ___________________________________ Student Number__________________________ Instructions: Open book and open notes. Please work independently. Hand-in no additional sheets of paper; use the back of this quiz sheet if you need more space. If you would like your marked quiz returned, use pen rather than pencil for your answer. The following information is available on the financial accounts of ABC Corporation. 1999 EBITDA ? depreciation 20 interest 25 1998 1999 Trade Capital ? ? Short-term Debt ? 300 Net Fixed Assets ? ? Equity 520 ? Invested Capital ? 850 NOTES: “Equity” represents the sum of all of the accounting equity accounts (e.g., share-capital plus retained earnings). You can presume that depreciation for tax and for financial statement purposes is the same, and therefore, there is no deferred income tax in this problem (i.e., capital cost allowance is the same as financial statement depreciation). ABC’s did some
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This note was uploaded on 02/10/2011 for the course BUS 312 taught by Professor Alan during the Spring '03 term at Simon Fraser.

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