9.Calculate the end of the year cash balance based on the information below:

• Beginning of the year cash balance: 2,000
• Net income: 300
• Depreciation: 140
• Positive changes in operating assets and liabilities: 60
• Acquisitions of PP&E: 580
• Dividends paid in the current year: 130
• Increase in long-term debt: 200

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1,310

1,990

2,470

1,710

10. What is the forecasted value of property, plan and equipment (PP&E) based on the following information:

• Capital asset turnover ratio: 2.5
• Forecasted revenues: $120
• Forecasted costs of goods sold: $80

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52

40

48

32