Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3a. Projected income statement Pounds Price per pound ($) 2004 2005 2006 2007 2008 5,500 12,000 14,265 14,500 14,750 5.27 5.85 $ 6.50 $ 7.21

image text in transcribed
image text in transcribed
3a. Projected income statement Pounds Price per pound ($) 2004 2005 2006 2007 2008 5,500 12,000 14,265 14,500 14,750 5.27 5.85 $ 6.50 $ 7.21 $ 8.00 28,999 70,230 92,669 104,557 118,059 Revenues (thousands) COGS Gross profit Sales Administrative and General Depreciation Pretax operating profit (EBIT) 3,660 12,642 16,681 18,820 21,251 3,1907.725 8,8039,933 11.216 787 758 746 748 (363) S 4,130 $ 7,119 S 8,141 9,287 3b. Projected balance sheet 2004 2005 2006 2007 2008 2009 $ 450 290 702 927 s 1,046 1,181 2,415 5,850 7,719 8,709 9,834 2,485 5,063 9,790 12,919 14,575 16,458 581 1.404 1,853 2,092 2.361 $2,935 $ 8,348 17,746 $ 23,418 $ 26,422 29,834 Cash Accounts receivable Inventories Total Current assets Net plant and equipment (NPP&E) 7,000 6,944 7,019 7,218 7,535 7,966 435 1,056 1,390 1,5681,771 100 Other long-term assets (OLTA) Total assets 2 10,035 $ 15,727 $ 25,821 $ 32,026 $ 35,525 $ 39,571 Liabilities 2083 47337 957 4,733 6,246 7,047 7,957 Accounts payable s 10,035 $ 13,645 21,088 s 25,780 28,478 31,614 Net asset value (TA-A/P) Total Liabilities 10,035 15,727 $ 25,821 32,026 35,525 39,571 3a. Projected income statement Pounds Price per pound ($) 2004 2005 2006 2007 2008 5,500 12,000 14,265 14,500 14,750 5.27 5.85 $ 6.50 $ 7.21 $ 8.00 28,999 70,230 92,669 104,557 118,059 Revenues (thousands) COGS Gross profit Sales Administrative and General Depreciation Pretax operating profit (EBIT) 3,660 12,642 16,681 18,820 21,251 3,1907.725 8,8039,933 11.216 787 758 746 748 (363) S 4,130 $ 7,119 S 8,141 9,287 3b. Projected balance sheet 2004 2005 2006 2007 2008 2009 $ 450 290 702 927 s 1,046 1,181 2,415 5,850 7,719 8,709 9,834 2,485 5,063 9,790 12,919 14,575 16,458 581 1.404 1,853 2,092 2.361 $2,935 $ 8,348 17,746 $ 23,418 $ 26,422 29,834 Cash Accounts receivable Inventories Total Current assets Net plant and equipment (NPP&E) 7,000 6,944 7,019 7,218 7,535 7,966 435 1,056 1,390 1,5681,771 100 Other long-term assets (OLTA) Total assets 2 10,035 $ 15,727 $ 25,821 $ 32,026 $ 35,525 $ 39,571 Liabilities 2083 47337 957 4,733 6,246 7,047 7,957 Accounts payable s 10,035 $ 13,645 21,088 s 25,780 28,478 31,614 Net asset value (TA-A/P) Total Liabilities 10,035 15,727 $ 25,821 32,026 35,525 39,571

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance

Authors: Harvey S Rosen

6th Edition

0072374055, 978-0072374056

More Books

Students also viewed these Finance questions