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GAME LODGE had the following Financial Information & Income Statement for 2019: Sales Revenue Operating expenses (other than depreciation) EBITDA Depreciation expense EBIT Interest EBT

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GAME LODGE had the following Financial Information & Income Statement for 2019: Sales Revenue Operating expenses (other than depreciation) EBITDA Depreciation expense EBIT Interest EBT Taxes (20%) Net Income $ 1,387,000 762.850 $ 624,150 300,000 $ 324,150 199 150 $ 125,000 25.000 $ 100,000 Cash and equivalents Fixed Assets Current Liabilities Current Ratio DSO ROE $ 120,000 $ 450,000 $ 125,000 3 X 41 days 15.4% Game Lodge has no preferred stock - only common equity, current liabilities, and long-term debt. The CEO has expressed some interest in bonds and wants to get an estimate on the interest rate. Assume: expected rate of inflation is expected to be 3% next year, fall to 2% for the following year, and decrease to 1% for each of the following years r is to remain constant at 2% maturity risk premium is o for next year, and will increase by 10 for each following year, up to a limit of 1.0% . . 2) Calculate the following using the financial information from 2019: (round to nearest dollar) a) Accounts Receivable b) Inventory c) Total Current Assets

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