1. Use the following information for Allied Food:

2015 2014

Common Stock and other paid in capital 614 644

Cash and Marketable Securities 1651 1716

Other Assets 4670 6888

Sales 35753

Debt Due for Repayment 274 2889

Accounts Receivables 3725 3261

Cost of Goods Sold 15762

Accounts Payables 5271 5357

Inventories 1926 1693

Selling, General, and Admin Expenses 11357

Long Term Debt 2550 2313

Deferred Income Taxes 528 1434

Other Current Assets 1828 3784

Depreciation 1406

Gross Plant, Property, and Equipment 19058 16646

Other Long term Liabilities 4624 4323

Accumulated Retained Earnings 22591 18803

Accumulated Depreciation 9371 7965

Interest Expense 239

Taxes 1347

Goodwill 4594 4088

Other intangible Assets 1849 1616

Addition to Retained Earnings 3788

Other Current Liabilities 1315 1160

Treasury Stock Buyback (7837) (5196)

Hint: Treasury stock buyback represents the amount Allied spent on buying back its shares. The money used to repurchase them goes out of the firm and reduces shareholders equity.

(a) Compile an income statement and balance sheet for 2015.

(b) Show the impact of the following line items on the statement of cash flows for 2015. You should show the specific sub-statement, the amount, and the effect on the cash position.

i) Accounts Payables

ii) Other Long Term Liabilities

iii) Common Stock

iv) Dividends

v) Depreciation

vi) Gross plant property and equipment

(c) Ratio analysis: provide the following ratios for Allied Food for 2015

1. Return on Assets

2. Long Term Debt Ratio

3. Days Sales Outstanding Ratio

4. Times Interest Earned Ratio

5. Dividend Payout Ratio

6. Quick Ratio

7. Common size depreciation

8. Profit Margin