This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: 64.04 Net Income 96.05 Dividends 73.83 Addition to Retained Earnings 22.22 Tax Rate 40% 1. The Balance Sheet A = L+OE or A-L = OE a. Assets: The Left-Hand Side Finance 313 Chapter 2 Outline Richey b. Liabilities and Owners Equity: The Right Hand Side c. Net Working Capital d. Liquidity e. Debt vs. Equity f. Market Value vs. Book Value 2. The Income Statement Revenue Expenses = Income a. Noncash Items b. Time and Costs 3. Taxes a. Corporate Tax Rates b. Average vs. Marginal Tax Rates i. Use table 2.3 to calculate Gregs Federal Tax (hint: $64.04 includes state and local taxes as well as Federal Tax) 4. Cash Flow Cash Flow from Assets = Cash flow to creditors + Cash Flow to Stockholders a. Cash Flow from Assets i. Operating Cash Flow ii. Capital Spending iii. Change In Net Working Capital b. Cash Flow to Creditors c. Cash Flow to Stockholders Finance 313 Chapter 2 Outline Richey 5. Study the Example for Dole Cola (36-38)...
View Full Document
This note was uploaded on 03/20/2011 for the course FIN 313 taught by Professor Richey,gregm during the Spring '11 term at CSU San Bernardino.
- Spring '11