Question
Below is a 2-part question. Please create a word document and/or spreadsheet to answer the following prompts. Upload your response according to the directions. Thank
Below is a 2-part question. Please create a word document and/or spreadsheet to answer the following prompts. Upload your response according to the directions. Thank you in advance for participating in Silberman College of Business assurance of learning assessment.
Part I: Reporting and Financial Statement Analysis
Given the following financial statements for Voice-Soft, a voice recognition company, answer the questions on the next page.
Income Statement for years | ||
| 2010 | 2009 |
Sales | $5,500 | $5,000 |
Operating Costs excluding Depreciation and Amortization | 4,675 | 4,250 |
EBITDA | 825 | 750 |
Depreciation and Amortization | 190 | 180 |
EBIT | $635 | $570 |
Interest Expense | 62 | 50 |
EBT | $573 | $520 |
Taxes (40%) | 229 | 208 |
NI | $344 | $312 |
Balance Sheet for years ending December 31 | ||
| 2010 | 2009 |
Assets: |
|
|
Cash | $275 | $250 |
Short Term Investments | 55 | 50 |
Accounts Receivable | 1,375 | 1,250 |
Inventories | 825 | 750 |
Total Current Assets | $2,530 | $2,300 |
Net Plant and Equipment | 1,925 | 1,750 |
Total Assets | $4,455 | $4,050 |
|
|
|
Liabilities: |
|
|
Notes Payable | $192 | $100 |
Accounts Payable | 580 | 500 |
Miscellaneous Payables | 245 | 250 |
Total Current Liabilities | $1,017 | $850 |
Long-Term Debt | 550 | 500 |
Total Liabilities | $1,567 | $1,350 |
Common Stock | 2154 | 2,200 |
Retained Earnings | 734 | 500 |
Less Treasury Stock | 46 | 0 |
Total Shareholder Equity | $2,888 | $2,700 |
Liabilities and Shareholder Equity | $4,455 | $4,050 |
Cash Flow Statement for year ending December 31, 2010 | |
Operating Activities |
|
Net Income | $344 |
Depreciation and Amortization | 190 |
Increase in Accounts Receivables | (125) |
Increase in Inventories | (75) |
Increase in Accounts Payables | 80 |
Decrease in Miscellaneous Payables | (5) |
Net Cash Provided by Operations | 409 |
|
|
Investing Activities |
|
Purchase of equipment | (365) |
Increase in Short Term Investments | (5) |
Net Cash Used for Investment Activities | (370) |
|
|
Financing Activities |
|
Dividends paid | (110) |
Increase in Notes Payable | 92 |
Increase in Long Term Debt | 50 |
Purchase stock for Treasury | (46) |
Net Cash used for Financing Activities | (14) |
|
|
Beginning Cash Balance January 1, 2010 | 250 |
Ending Cash Balance December 31, 2010 | 275 |
Net Cash Flow | $25 |
Develop and analyze the results of an extended DuPont equation based on 2009 and 2010.
??????=???????????? ???? ????????????????????? ?????????? ????????????????????????????? ????????????????????=,????-??????????.?,??????????-?????????? ????????????.?,?????????? ????????????-???????????????????? ????????????.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started