InteractionBalIncStud

0 420 interes t e xpens e ebt 25 395 t axes ne t inc

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 0.0 13.7 123.7 T O T AL L IAB . & NW 248.5 S ales C OGS G ros s P rofit t = 0 to 1 340.0 238.0 102.0 A dminis trative E xpens es E B IT 60.0 42.0 Interes t E xpens e EBT 2.5 39.5 T axes NE T INC O ME D ividend P olicy R E T AINE D E AR NING S 15.8 23.7 10.0 13.7 The Balance does not balance by $1.5!! The Balance does not balance by $0.1!! 5 B alanc e & Inc ome S tatement Interac tion P lu g : L on g - T erm D ebt D ebt rate = T ax rate = C alc u lated D /A = B alanc e 10% 40% 51% Inc om e S tatem ent A s s ets C urrent A s s ets F ixed A s s ets T O T A L A S S E T S t = 1 200.0 50.0 250.0 L iabilities & N et Worth C urrent L iabilities L ong- T erm D ebt T otal L iabilities 100.0 26.4 126.4 C ommon S tock R etained E arnings T otal E qu ity 110.0 13.6 123.6 T O T A L L IA B . & N W 250.0 S ales C OGS G ros s P rofit t = 0 to 1 340.0 238.0 102.0 Adminis trative E xpens es E B IT 60.0 42.0 Interes t E xpens e EBT 2.6 39.4 T axes NE T INC O ME D ividend P olicy R E T A INE D E A R NING S 15.7 23.6 10.0 13.6 The Balance balances!! 6...
View Full Document

This document was uploaded on 02/16/2014 for the course FIN 404 at University of Miami.

Ask a homework question - tutors are online