corporate finance

corporate finance - Assignment # 1 Corporate Finance Fall...

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Assignment # 1 Corporate Finance Fall 2011 Balance Sheet for 2008 Assets Liabilities and Owner's equity cash 18,187 Liabilities accounts recievable 12,887 Notes payable 14,651 tools and equipment 27,119 accounts payable 32,141 Owner's equity 0 Total 58,193 Total 46,792 Balance Sheet for 2009 Assets Liabilities and Owner's equity cash 27,478 Liabilities accounts recievable 16,717 Notes payable 15,997 tools and equipment 37,216 accounts payable 36,404 Owner's equity 15,600 Total 81,411 Total 68,001 Income statement 2008 revenues debit credit sales 247.259 costs of goods 126.038 depreciation 35.581 interest expense 7.735 Selling and administrative 24.787 Total 194.141 247.259 Income statement 2009 revenues debit credit sales 301.392 costs of goods 159.143 depreciation 40.217 interest expense 8.866 Selling and administrative 32.352 Total 240.578 301.392 Operating cash flow 2008 operating cash flow= EBIT+Depreciation - taxes (20% for Sunset Boards Inc.) revenues debit credit Sales 247.259 depreciation 35.581 taxes 49.4518 Operating cash flow 233,388,2 Operating cash flow 2009 operating cash flow= EBIT+Depreciation - taxes (20% for Sunset Boards Inc.) revenues debit credit Sales 301.392 depreciation
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This note was uploaded on 10/11/2011 for the course ECON 440 taught by Professor Larkin,m during the Spring '11 term at CUNY City.

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