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Fundamentals of Financial Management W1A1

Fundamentals of Financial Management W1A1 - Quantitative...

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Determine in which statement the following items belong. Balance Income Sheet Statement Use the items above to compose a Balance Sheet and Incom Task 1. Fill in the missing amounts. Balance Sheet Year 20X1 ASSETS Current assets Cash 16550 Account Receivable 9600 Inventories 6500 Total current assets 32650 Net buildings & equipment 88000 Total Assets 120650 Quantitative Assignment, Week 1 . Part 1
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LIABILITIES AND EQUITY Liabilities Short-term notes payable 600 Accounts payable 4800 Total current liabilities 5400 Long-term debt 55000 Total liabilities 60400 Equity Common Stock 45000 Retained Earnings 15,250 Total Equity 60,250 Total liabilities and equity 120650 Income Statement Year Ending 20X1 Sales 32,000 less cost of goods sold -5,750 Gross profit 26,250 General & admin expense -850 Operating income (EBIT) 25400 Interest expense -3,300 Earnings before taxes 22,100 less taxes -1,440 Net income 20,660 20,160 Task 2. Fill in the missing equations. List the Financial Statement How liquid is the firm? Current ratio Quick ratio or Acid Test Cash ratio Quantitative Assignment, Week 1 . Part 2
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Net Working Captial Is management generating adequate operating profits on the firm’s Operating income EBITDA return on investment ÷TA Operating profit margin Operating profit/ Sales Gross profit margin
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