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Fill in the blanks, below, using methods reviewed in class ( and in Philippon, Chapter 4 , box 4 . 1 ) 2 points per

Fill in the blanks, below, using methods reviewed in class (and in Philippon, Chapter 4, box 4.1)
2 points per blank, 40 points total.
Simple Firm Example
Capital Stock $100.00
Annual Sales Revenue $150.00
Gross Operating Profit $15.00
Capital Depreciation $5.00($100*0.05)
Net Operating Surplus $10.00
Outlays from Net Operating Surplus:
30% to corporate income tax $3.00
Net Investment $2.00
Dividends $5.00
Assume the firm is totally financed by stock.
Number of shares purchased by investors 100
Current price per share valued by the market $1.10
Pre- Investment Market Value of the Firm $110.00
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