COMM 203 - F18 - C04 - Work Fin St.pptx

Retained earnings total liabilities equity firm a 105

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Retained Earnings Total Liabilities & Equity Firm A $105 $178,450 $396,555 $575,110 $23,505 $345,120 $943,735 Firm B $12,455 $33,540 $89,205 $135,200 $89,315 $513,780 $738,295 Firm A $78,345 $12,450 $90,795 $345,715 $414,580 $92,645 $943,735 Firm B $4,530 $24,715 $29,245 $245,715 $414,580 $48,755 $738,295 Depreciation EBIT Interest Paid Taxes $18,735 $37,155 $7,420 $19,415 Total Debt D-ER Total Equity Total Assets Total Equity TDR Total Assets Firm A Firm A 943,735 507,225 TDR TDR 0.4625 943,735  Firm B Firm B 738,295 463,335 TDR TDR 0.3724 738,295  Firm A Firm A 90,795 345,715 D-ER D-ER 0.8606 507,225  Firm B Firm B 29,245 245,715 D-ER D-ER 0.5934 463,335 
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Long-term Debt Ratio Equity Multiplier $44,515 $72,450 $8,675 $31,750 Ratio Analysis Financial Leverage Ratios SaskBank Corp. (SBC) Current Assets Cash Accounts Receivable Inventory Total Fixed Assets Intangible Assets Net, Plant and Equipment Total Assets Current Liabilities Accounts Payable Notes Payable Total Long-term Debt Shareholders’ Equity Common Shares Retained Earnings Total Liabilities & Equity Firm A $105 $178,450 $396,555 $575,110 $23,505 $345,120 $943,735 Firm B $12,455 $33,540 $89,205 $135,200 $89,315 $513,780 $738,295 Firm A $78,345 $12,450 $90,795 $345,715 $414,580 $92,645 $943,735 Firm B $4,530 $24,715 $29,245 $245,715 $414,580 $48,755 $738,295 Depreciation EBIT Interest Paid Taxes $18,735 $37,155 $7,420 $19,415 Long-term Debt LtDR Long-term Debt Total Equity Total Assets EM Total Equity Firm A Firm A 943,735 EM EM 1.8606 507,225  Firm B Firm B 738,295 EM EM 1.5934 463,335  Firm A Firm A 345,715 LtDR LtDR 0.4053 345,715 507,225  Firm B Firm B 245,715 LtDR LtDR 0.3465 245,715 463,335 
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Cash Coverage Ratio Times Interest Earned $44,515 $72,450 $8,675 $31,750 Ratio Analysis Financial Leverage Ratios SaskBank Corp. (SBC) Current Assets Cash Accounts Receivable Inventory Total Fixed Assets Intangible Assets Net, Plant and Equipment Total Assets Current Liabilities Accounts Payable Notes Payable Total Long-term Debt Shareholders’ Equity Common Shares Retained Earnings Total Liabilities & Equity Firm A $105 $178,450 $396,555 $575,110 $23,505 $345,120 $943,735 Firm B $12,455 $33,540 $89,205 $135,200 $89,315 $513,780 $738,295 Firm A $78,345 $12,450 $90,795 $345,715 $414,580 $92,645 $943,735 Firm B $4,530 $24,715 $29,245 $245,715 $414,580 $48,755 $738,295 Depreciation EBIT Interest Paid Taxes $18,735 $37,155 $7,420 $19,415 Firm A looks more solvent! EBIT Depreciation CCR Interest Paid EBIT TIE Interest Paid Firm A Firm A 72,450 TIE TIE 8.3516 8,675  Firm B Firm B 37,155 TIE TIE 5.0074 7,420  Firm A Firm A 72,450 44,415 CCR CCR 13.4830 8,675  Firm B Firm B 37,155 18,735 CCR CCR 7.5323 7,420 
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$44,515 $72,450 $8,675 $31,750 Financial Statements Common-Size Statements SaskBank Corp. (SBC) Current Assets Cash Accounts Receivable Inventory Total Fixed Assets Intangible Assets Net, Plant and Equipment Total Assets Current Liabilities Accounts Payable Notes Payable Total Long-term Debt Shareholders’ Equity Common Shares Retained Earnings Total Liabilities & Equity Firm A $105 $178,450 $396,555 $575,110 $23,505 $345,120 $943,735 Firm B $12,455 $33,540 $89,205 $135,200 $89,315 $513,780 $738,295 Firm A $78,345 $12,450 $90,795 $345,715 $414,580 $92,645 $943,735 Firm B $4,530 $24,715 $29,245 $245,715 $414,580 $48,755 $738,295 Depreciation EBIT Interest Paid Taxes $18,735 $37,155 $7,420 $19,415
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  • Spring '14
  • Balance Sheet, Generally Accepted Accounting Principles, Plant and Equipment, SBC,  Increase

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