quiz1_ans - 181996 125535 EBITDA-4896 73265 Depreciation...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
BALANCE SHEETS 2010 2009 Assets Cash and cash equivalents 2549 20160 Accounts receivable 221256 122920 Inventories 450576 250320 Total current assets 674381 393400 Gross Fixed Assets 421033 171850 Less: accumulated depreciation 92106 51170 Net fixed assets 328927 120680 Total assets 1003308 514080 Liabilities and equity Accounts payable 183456 50960 Notes payable 222883 70000 Accruals 171360 47600 Total current liabilities 577699 168560 Long-term debt 253201 113201 Total liabilities 830900 281761 Common stock 161001 161000 Retained Earnings 11407 71319 Total common equity 172408 232319 Total liabilities and equity 1003308 514080 INCOME STATEMENTS 2010 2009 Sales 2111900 1201200 Cost of goods sold 1934800 1002400 other expenses
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 181996 125535 EBITDA-4896 73265 Depreciation and amortization 40936 6615 EBIT-45832 66650 Interest expense 47604 15340 EBT-93436 51310 Taxes (40%)-37374.4 20524 Net Income-56061.6 30786 Net Working Capital (must be financed by external sources) current assets-(A/P and accruals) $393,400-$98,560 $294,840 current assets-(A/P and accruals) $674,381-$354,816 $319,565 NWC 09 = NWC 09 = NWC 09 = NWC 10 = NWC 10 = NWC 10 = Free Cash Flow EBIT (1 - T) + Depreciation-+-$27,499 + $40,936-$249,183 + $24,725-$260,471 FCF 10 = Capital expenditur es Increase in NWC FCF 10 = FCF 10 =...
View Full Document

This note was uploaded on 12/11/2011 for the course AGEC 330 taught by Professor Staff during the Spring '08 term at Texas A&M.

Page1 / 3

quiz1_ans - 181996 125535 EBITDA-4896 73265 Depreciation...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online