# - Chapter 7 Problems 1,5 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green NOTE Some functions

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Chapter 7 Problems 1,5 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-in" be installed in Excel. To install these, click on "Tools|Add-Ins" and select "Analysis ToolPak and "Solver Add-In."

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Chapter 7 Question 1 Income Statements Input area: Cost of goods sold \$118,000.00 Investing income 1,500 Net sales 195,000 Operating expenses 41,000 Interest expense 4,200 Divedends 4,000 Tax rate 35% Output Area: Net sales \$195,000 Cost of goods sold 118,000 Gross profit \$77,000 Operating expenses 41,000 Operating income \$36,000 Investing income 1,500 Interest expense 4,200 Pretax income \$30,300 Income taxes 10,605 Net income \$19,695 Divedends \$4,000 Retained earnings \$15,695

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Chapter 7 Question 2 Balance Sheets Input area: Balance Sheets Current liabilities \$24,000.00 Cash 28,000 Long term debt 91,000 Other assets 18,000 Fixed assets 105,000 Other liabilities 7,000 Investments 23,000 Operating assets 62,000 Output area: Cash \$28,000 Current liabilities \$24,000 Operating assets 62,000 Long term debt 91,000 Fixed assets 105,000 Other liabilities 7,000 Investments 23,000 Other assets 18,000 Stockholder equity 114,000 Total assets \$236,000 Total liability and equity \$236,000
Chapter 7 Question 3 Performance Ratios Input area: Income Statements Net sales \$195,000 Cost of goods sold 118,000 Gross profit \$77,000 Operating expenses 41,000 Operating income \$36,000 Investing income 1,500 Interest expense 4,200 Pretax income \$30,300 Income taxes 10,605 Net income \$19,695 Divedends \$4,000 Retained earnings \$15,695 Balance Sheets Cost of goods sold \$28,000 Net sales \$24,000 Pretax income 62,000 Gross profit 91,000 Operating income \$105,000 Investing income 7,000 Interest expense 23,000 \$- Operating expenses \$18,000 Stockholder equity 114,000 Total assets \$236,000 Total liability and equity \$236,000 Output area: Gross margin 10.10% Operating margin 18.46% ROA 8.35% ROE 17.28%

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## This note was uploaded on 04/17/2011 for the course FINANCE 1001 taught by Professor Lochengshu during the Spring '11 term at National Cheng Kung University.

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- Chapter 7 Problems 1,5 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green NOTE Some functions

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