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20 20 Current Assets - $ 9 5,000 20 20 Current Liabilities - $ 8 0,000 20 2 1 Current Assets - $ 11 2

2020 Current Assets - $95,0002020 Current Liabilities - $80,000

2021 Current Assets - $112,0002021 Current Liabilities - $95,000

2020 Fixed Assets - $365,0002020 Long Term Debt - $130,000

2021 Fixed Assets - $420,0002021 Long Term Debt - $110,000

2021 EBIT - $170,0002020 Common Stock - $160,000

2021 Depreciation - $60,0002021 Common Stock - $165,000

2021 Interest - $20,0002020 Add to Ret. Erngs - $90,000

2021 Tax Rate 25%

1a) What is Djumas 2021 Taxable Income?

b) How much would Djuma have to pay in taxes in2021?

c) What is Djumas 2021 Net Income?

d) What is Djumas 2021 Operating Cash Flow?

e)What was the change in Djumas Net Working Capital from 2020 to 2021?

f) What was Djumas Net Capital Spending in 2021?

g) What is Djumas 2021 Cash Flow from Assets?

h) How much did Djuma add to Retained Earnings in 2021?

I) How much of Djumas 2021Net Income was paid out as dividends?

J) What is Djumas 2021 Cash Flow to Stockholders?

K) What is Djumas 2021 Cash Flow to Creditors?

L)What is Djumas 2021 Return on Assets?

M) What is Djumas 2021 Return on Equity?

N) (4 points) Assuming Djuma is going to change its dividend payout ratio to 40%, what is:

a. Its Internal Growth Rate?

b. Its Sustainable Growth Rate?

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