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Balance sheet as of end of 2005 Balance sheet as of end of 2006 Cash $5 Current Liab $5 Cash $10 Current Liab $5 A/R
Balance sheet as of end of 2005 | Balance sheet as of end of 2006 | ||||
Cash $5 | Current Liab $5 | Cash $10 | Current Liab $5 | ||
A/R $5 | Long Term Debt $15 | A/R $5 | Long Term Debt $25 | ||
Common Stock $20 | Common Stock $15 | ||||
PP&E $40 | R/E $10 | PP&E $40 | R/E $10 | ||
Assets $50 | Total $50 | Assets $55 | Total $55 | ||
Income statement for 2006 | |||||
Sales | $100 | ||||
Costs | 75 | ||||
Depreciation | 5 | ||||
Interest | 5 | ||||
Net Income | $15 | ||||
Dividends = $15; R/E=$0 |
What were Capital Investments (Cap Expenditures) during that year?
-$5 | ||
$0 | ||
$5 | ||
$15 | ||
$10 |
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