Copy of FCF 9th edition Chapter 04

Copy of FCF 9th edition Chapter 04 - Chapter 4 Problems...

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Chapter 4 Problems 1-33 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 the Office button then "Excel Options," "Add-Ins" and select "Go." Check "Analyis ToolPak" and "Solver Add-In," then click "OK."
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Chapter 4 Question 1,2 Input area: Income statement Balance sheet Sales $23,000 Assets $15,800 Debt $5,200 Costs 16,700 Equity 10,600 Net income $6,300 Total $15,800 Total $15,800 Sales increase 15% Payout rate 50% Output area: Pro forma income statement Pro forma balance sheet Sales $26,450 Assets $18,170 Debt $5,980 Costs 19,205 Equity 12,190 Net income $7,245 Total $18,170 Total $18,170 Dividends $5,655 Pro forma income statement Pro forma balance sheet Sales $26,450.00 Assets $18,170 Debt $5,200.00 Costs 19,205.00 Equity 14,222.50 Net income $7,245.00 Total $18,170 Total $19,422.50 Dividends $3,622.50 External financing needed $(1,252.50) Add. To RE $3,622.50
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Chapter 4 Question 3 Input area: Income statement Balance sheet Sales $6,300 Assets $18,300 Debt $12,400 Costs 3,890 Equity 5,900 Net income $2,410 Total $18,300 Total $18,300 Next year's sales $7,434 Output area: Percent increase in sales 18.00% Pro forma income statement Pro forma balance sheet Sales $7,434 Assets $21,594 Debt $12,400 Costs 4,590 Equity 8,744 Net income $2,844 Total $21,594 Total $21,144 External financing $450
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Chapter 4 Question 4 Input area: Sales $19,500 Assets $98,000 Debt $52,500 Costs 15,000 Equity 45,500 Taxable income $4,500 Total $98,000 Total $98,000 Taxes 1,800 Net income $2,700 Next year's sales $21,840 Dividend paid $1,400 Tax rate 40% Output area: Percent increase in sales 12% Pro forma income statement Pro forma balance sheet Sales $21,840.00 Assets $109,760.00 Debt $52,500.00 Costs 16,800.00 Equity 46,956.00 Taxable income $5,040.00 Total $109,760.00 Total $99,456.00 Taxes (40%) 2,016.00 Net income $3,024.00 Dividends $1,568.00 Add. To RE $1,456.00 External financing $10,304.00
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Chapter 4 Question 5 Input area: Sales $4,200 Current assets $3,600 Current liabilities $2,100 Costs 3,300 Fixed assets 7,900 Long-term debt 3,650 Taxable income $900 Equity 5,750 Taxes 306 Total assets $11,500 Total $11,500 Net income $594 Sales increase 15% Payout ratio 40% Tax rate 34% Output area: Pro forma income statement Pro forma balance sheet Sales $4,830.00 Current assets $4,140.00 Current liabilities $2,415.00 Costs 3,795.00 Fixed assets 9,085.00 Long-term debt 3,650.00 Taxable income $1,035.00 Equity 6,159.86 Taxes (34%) 351.90 Total $13,225.00 Total $12,224.86 Net income $683.10 Dividends $273.24 Add. To RE $409.86 External financing $1,000.14
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Chapter 4 Question 6,7 Input area: Sales $13,250 Current assets $10,400 Debt $17,500 Costs 9,480 Fixed assets 28,750 Equity 21,650 Taxable income $3,770 Total $39,150 Total $39,150 Taxes 1,508 Net income $2,262 Payout ratio 30%
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This note was uploaded on 02/12/2012 for the course BT 1003 taught by Professor As during the Spring '11 term at American Jewish University.

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Copy of FCF 9th edition Chapter 04 - Chapter 4 Problems...

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