Problem Set #1 (Extra Version 2)

Problem Set #1 (Extra Version 2) - Problem Set #1: Defense...

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Defense Inc. Defense Inc. is in the business of building defense-related products which it sells to the US military and other government-approved customers. Defense Inc. has two primary competitors in the United States: CIA Inc. and NSA Inc. Financials for the three firms are as follows (all numbers are in millions): BALANCE SHEET (2009) Defense Inc. CIA Inc. NSA Inc. Assets Current Assets Cash 600 200 900 A/R 6000 9000 14000 Inventory 2000 1200 1000 Total 8600 10400 15900 Fixed Assets Net Plant and Equipment 4000 7000 10000 Total Assets 12600 17400 25900 Liabilities and Equity Current Liabilities A/P 3000 7000 10000 Notes Payable 1000 1000 2000 Total 4000 8000 12000 Long-Term Debt 5000 8000 15000 Equity Common Stock and Paid-In 1000 1000 1000 Retained Earnings 2600 400 -2100 Total 3600 1400 -1100 Total Liabilities and Equity 12600 17400 25900 INCOME STATEMENT Defense Inc. CIA Inc. NSA Inc. Revenues
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This note was uploaded on 01/17/2012 for the course FINC 311 taught by Professor Murphy during the Winter '08 term at University of Delaware.

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Problem Set #1 (Extra Version 2) - Problem Set #1: Defense...

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