1. Simon is an industry leader in the design and manufacture of high quality, high performance IT infrastructure solutions and services for Data Centers, Intelligent Buildings and Enterprise LANs. Simon Company has simplified information as following, Finance company ABC get the request from Simon company that Simon company want to have a short-term loan and long-term loan for 2015, 1. please help Finance company ABC make decision. (have the process to analysis ) (45) 2. what about the market prospect of Simon Company, what other information do you want to know and to ananize if you want to invest to Simon Company, why . (35) SIMON COMPANY Comparative Balance Sheets December 31, 2012-2014 2014 2013 Assets Cash $40,320 $37,380 Accounts receivable, net 73,584 58,380 Merchandise inventory 102,816 71,400 Prepaid expenses 20.160 8.820 Plant assets.net 267120 244.020 Total assets $504,000 $420,000 Liabilities and Equity Accounts payable $86,688 $60,060 Long-term notes payable secured 118,944 by mortgages on plant assets Common stock, $10 par value 146,000 146,000 Retained earnings 152 368 119.440 Total abilities and equity $504.000 $420,000 SIMON COMPANY Income Statements 2014 2013 2012 Sales $600,600 $500,500 Cost of goods sold 290,400 268,450 $34,650 Other operating expenses 193,600 144,550 46,200 Interest expense 55.200 37,500 49.700 Income taxes 18,400 15,000 3.850 Total costs and expenses 557,600 465,500 215.600 Net income $43,000 $35,000 $350,000 Eamnings per share $2.95 $2.40 $41,600 Common stock market price, December 31, 2014 $30.00 74,880 Common stock market price, December 31, 2013 $28.00 146,000 Annual cash dividends, December 31, 2014 $0.29 87 520 Annual cash dividends, December 31, 2013 $0.24 $350,000 94,500 1. Simon is an industry leader in the design and manufacture of high quality, high performance IT infrastructure solutions and services for Data Centers, Intelligent Buildings and Enterprise LANs. Simon Company has simplified information as following, Finance company ABC get the request from Simon company that Simon company want to have a short-term loan and long-term loan for 2015, 1. please help Finance company ABC make decision. (have the process to analysis ) (45) 2. what about the market prospect of Simon Company, what other information do you want to know and to ananize if you want to invest to Simon Company, why . (35) SIMON COMPANY Comparative Balance Sheets December 31, 2012-2014 2014 2013 Assets Cash $40,320 $37,380 Accounts receivable, net 73,584 58,380 Merchandise inventory 102,816 71,400 Prepaid expenses 20.160 8.820 Plant assets.net 267120 244.020 Total assets $504,000 $420,000 Liabilities and Equity Accounts payable $86,688 $60,060 Long-term notes payable secured 118,944 by mortgages on plant assets Common stock, $10 par value 146,000 146,000 Retained earnings 152 368 119.440 Total abilities and equity $504.000 $420,000 SIMON COMPANY Income Statements 2014 2013 2012 Sales $600,600 $500,500 Cost of goods sold 290,400 268,450 $34,650 Other operating expenses 193,600 144,550 46,200 Interest expense 55.200 37,500 49.700 Income taxes 18,400 15,000 3.850 Total costs and expenses 557,600 465,500 215.600 Net income $43,000 $35,000 $350,000 Eamnings per share $2.95 $2.40 $41,600 Common stock market price, December 31, 2014 $30.00 74,880 Common stock market price, December 31, 2013 $28.00 146,000 Annual cash dividends, December 31, 2014 $0.29 87 520 Annual cash dividends, December 31, 2013 $0.24 $350,000 94,500
