Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Balance Sheets as of December 31 2018 2017 $ 15,000 35,000 33,320 $ 83,320 $ 14,000 30,000 27,000 $ 71,000 48,000 46,000 $ 117,000 $131,320

image text in transcribedimage text in transcribedimage text in transcribed

Balance Sheets as of December 31 2018 2017 $ 15,000 35,000 33,320 $ 83,320 $ 14,000 30,000 27,000 $ 71,000 48,000 46,000 $ 117,000 $131,320 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock (4,000 shares) Retained earnings Common equity Total liabilities and equity $ 10,100 8,000 $ 9,000 6,000 5,050 7,000 $ 20,050 $ 25,100 20,000 $ 45,100 40,000 46,220 20,000 $ 40,050 40,000 36,950 $ 76,950 $ 117,000 $ 86,220 $131,320 Income Statement for Year Ending December 31, 2018 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization $210,000 160,000 $ 50,000 6,000 CRIT C Ann Balance Sheets as of December 31 2018 2017 $ 15,000 35,000 33,320 $ 83,320 $ 14,000 30,000 27,000 $ 71,000 48,000 46,000 $ 117,000 $131,320 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock (4,000 shares) Retained earnings Common equity Total liabilities and equity $ 10,100 8,000 $ 9,000 6,000 5,050 7,000 $ 20,050 $ 25,100 20,000 $ 45,100 40,000 46,220 20,000 $ 40,050 40,000 36,950 $ 76,950 $ 117,000 $ 86,220 $131,320 Income Statement for Year Ending December 31, 2018 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization $210,000 160,000 $ 50,000 6,000 CRIT C Ann Question 4: What was 2018 EVA? Assume that its after-tax cost of capital is 10%. Instruction: Do not round your result. Only enter a numerical value; do not enter any dollar, $, or % symbol. When you attach a file (part 2) showing your work, write down the equation that you need to use to solve this problem. Next, plug in all the given information. (If you use an online calculator, give the link in your uploaded file). QUESTION 8 Refer to the financial statements of the AA company from the previous question and answer the following question: Question 5: What was MVA at the year-end 2018? (Note: Share Price is $25) Instruction: Do not round your result. Only enter a numerical value; do not enter any dollar, $, or % symbol. When you attach a file (part 2) showing your work, write down the equation that you need to use to solve this problem. Next, plug in all the given information. (If you use an online calculator, give the link in your uploaded file). QUESTION 9 Upload 1 file in MS-Word or PDF format that shows your work, formula, and calculations of all the questions in this homework. If you do

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

Step: 3

blur-text-image

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

More Books

Students also viewed these Accounting questions

Question

What is group consensus? How can it be used?

Answered: 1 week ago