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Q2B - Quiz 2 NAME Balance Sheet 2008 2007 650,000 800,000...

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Unformatted text preview: Quiz 2 NAME Balance Sheet 2008 2007 650,000 800,000 Current 400,000 700,000 Liabilities Long Term Debt 2 3 Total Liabilities 1,400,000 1,600,000 Net Fixed Assets 2,350,000 1,700,000 Common Stock 200,000 60,000 Surplus 1,000,000 600,000 Ret Earnings 400,000 240,000 — Total Equity 1,600,000 900,000 Income Statement i iF‘i‘ “£52 ”:3 2008 ,4," a?“ Sales Revenue 8,000,000 “m :3 QT if; Cost of. Goods Sold (COGS) 1,000,000 é Gross Margin 7,000,000 Operating Expenses 6,000,000 Earnings Before Taxes (EBT) 1,000,000 Taxes 540,000 Net Income 460,000 (Operating Income includes deprecation=l ,900,000 and Interest Expense=100,000. The company declared $300,000 dividend and retained the rest for the year 2008). a) What are the Operating Cash Flows? ’ i ”M 5-: a» vv-M-M ” “m m “Mhmgxzi‘m‘K‘ , «.r V “Mm ‘ 9 .JL" 2! é o i > lH/I g} 3”“ MW}& in V f ”f ,,_2 a, / WAN/M RH ,,,,,,,,,,,, . ,,,,,,,, b) What1stheqinuesmggtkViifimlipng term Assets°flfl W WWWW J” 6.. E w WWW" #651 MR 7'” D :: (299mm '"‘ [794,969 + “in 2 mm + 1,“?me 3%“ c)‘ What is the investment in Short term Ass 2} Pavia/W m w a a} 323%? f,“ 2, _. \‘ ql\,levlath.are...th-e= Free'-€ash“F10Ws?‘ ' 9 a: .fi 9%; wwwcéxw "r :_ “HZ/499mg zero/m a» 5;), S's-gm , /WWWMWMMMW g, 3:. ----240/1300“:22 Q W \\"' M £2: a (£37,, Wm.» MW e) What tllre the CaghE-IOWS ton-‘IJStg-vc'kholders? M. “W .w WWW-“Mm“, W w...wm.mW-mmmmmmxwwwn m» f) What are the cash flows to creditors? :‘W'M‘eflh—WMWEMWMW h) Provide the following current‘numbers: 2 EM" i. PrimeRate 3 ‘ 2.5% :3? m E Y3 5. ii. Rate of Unemployment 9‘ 11/ “W5? ’i 3F}? a , . ‘5‘ ...
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