\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{10}{|c|}{ Use the statements below to answer questions listed at the bottom of the page. } \\ \hline & & & & & & & & & \\ \hline & & & & & & & & & \\ \hline \multicolumn{4}{|c|}{ Balance Sheet } & & \multicolumn{5}{|c|}{ Balance Sheet } \\ \hline \multicolumn{4}{|c|}{1/1/22} & & \multicolumn{5}{|c|}{1/1/23} \\ \hline Assets & & Liabilities & & & Assets & & & Liabilities & \\ \hline Cash & 1,000 & Payables & 8,000 & & Cash & 6,800 & & Payables & 6,500 \\ \hline \multirow[t]{2}{*}{ Machine } & 12,000 & & & & Machine & 8,000 & & & \\ \hline & & Equity & 5,000 & & & & & Equity & 8,300 \\ \hline & & & & & & & & & \\ \hline Total Assets & 13,000 & Total L +E & 13,000 & & Total Assets & 14,800 & & Total L + E & 14,800 \\ \hline & & & & & & & & & \\ \hline \multicolumn{10}{|c|}{ Income Statement } \\ \hline \multicolumn{4}{|c|}{365 Days } & & & & & & \\ \hline & Rev & \multicolumn{2}{|l|}{20,000} & Cash Flow & & & & & \\ \hline & COGS & \multicolumn{2}{|l|}{10,000} & & & & & & \\ \hline & & & & \multicolumn{2}{|c|}{ Begin with Net Income } & & 3,300 & & \\ \hline & Op Margin & 10,000 & & & & & & & \\ \hline & & & & \multicolumn{3}{|c|}{ Add: Non Cash Expenses } & & & \\ \hline & SG\&A & 800 & & & \multicolumn{2}{|l|}{ Depreciation } & 4,000 & & \\ \hline & Dep & 4,000 & & & & & & & \\ \hline & Int Exp & 1,200 & & \multicolumn{3}{|c|}{ Less: Principal Payments } & 1,500 & & \\ \hline & & & & \multicolumn{3}{|c|}{ Less: Capital Expenditures } & 0 & & \\ \hline & Gross Profit & 4,000 & & & & & & & \\ \hline & Tax & 700 & & & & & & & \\ \hline & & & & & & & 5,800 & & \\ \hline & Net Income & 3,300 & & & & & & & \\ \hline & & & & & & & & & \\ \hline & Point Value & & & & & & & & \\ \hline 5 & 3 & \multicolumn{5}{|c|}{ From 2022 to 2023, Net Working capital changed by how much? } & & & \\ \hline & & & & & & & & & \\ \hline & & & & & & & & & \\ \hline 6 & 3 & \multicolumn{5}{|c|}{ Use 2033 Balance sheet only. What is the current ratio? } & & & \\ \hline & & & & & & & & & \\ \hline & & & & & & & & & \\ \hline & & & & & & & & & \\ \hline & & & & & & & & & \\ \hline 7 & 3 & \multicolumn{4}{|c|}{ For the year 2022-23, what is the profit margin? } & & & & \\ \hline & & & & & & & & & \\ \hline 8 & 3 & \multicolumn{7}{|c|}{ For the year 2022-23, what is the % of all non-cash expenses relative to Revenues? } & \\ \hline & & & & & & & & & \\ \hline & & & & & & & & & \\ \hline & 12 & & & & & & & & \\ \hline \end{tabular}