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Hi, I need some urgent help with a Finance Assignment that is due tomorrow before 4pm. Can someone please assist me at the earliest? I
Hi,
I need some urgent help with a Finance Assignment that is due tomorrow before 4pm. Can someone please assist me at the earliest? I really need it ASAP. Thank you in advance.
Do not type Please Type your answers anything in in the Yellow these (Blue) boxes Boxes Your Name Here Problem 1 - 30 points Use the following information to complete the income statement for Company A for the year ending December 31, 2013 (show work): Income Statement Information Revenue Gross Margin Selling General and Administrative (SG&A) Research and Development (R&D) Depreciation expense (D&A) Interest Expense Interest Income Tax Rate Securities Information Weighted Average Shares (12/31/13) A Warrants exercisable @ $2.00 B Warrants exercisable @ $3.00 Stock Price (12/31/13) Complete the following Income Statement Answers go in the yellow boxes Revenue Cost of Goods Sold Gross Profit $ 115,000,000 40.0% 21.0% 12.0% $ 5,000,000 $ 5,000,000 $ 2,500,000 35% of revenue of revenue 10,000,000 2,200,000 2,500,000 $ 4.00 $ 115,000,000 Operating Expenses SG&A R&D D&A Operating Expenses Total Points 1 1 1 1 1 Operating Income 5 Interest Expense, net 1 Pre Tax Income Tax Net Income 1 1 2 EPS Basic EPS Diluted 5 10 Use this table (below) to help with your calculations Diluted Share Calculations Total Points Basic A warrants B warrants Total Proceeds A warrants B warrants Total Proceeds Shares repurchased Diluted shares used to calculate Diluted EPS Total Score 60 30 $ 115,000,000 Problem 2 - 10 Points Given the information below, calculate the Working Capital and Current Ratio 1 Cash and marketable securities - $2,000,000 2 Accounts Receivable (Gross) - $3,000,000 3 Accounts Payable - $500,000 4 Accumulated Depreciation 2,000,000 6 Inventory - $4,000,000 7 Other Current Assets - $1,000,000 8 Common Stock at Par Value - $100,000 9 Current portion of long term notes - $750,000 10 Other Current Liabilities - $250,000 11 Goodwill - $10,000,000 12 Long-Term debt - $4,500,000 Answers go in the yellow boxes Working Capital Current Ratio 5 5 10 Problem 3 - 20 Points Given the following Information on ABC Corp, calculate the ratios below ABC Corp. Year end statements Balance Sheet 12/31/12 ASSETS Cash 2012 LIABILITIES 2012 ASSETS 2013 LIABILITIES 2013 2,000,000 Accounts Payable 1,000,000 Cash 3,000,000 Accounts Payable 1,000,000 Accounts Recievable 2,000,000 Current portion of LTD 1,000,000 Accounts Recievable 2,000,000 Current portion of LTD 1,000,000 Inventory 3,000,000 Accrued Liabilities 1,000,000 Inventory 3,000,000 Accrued Liabilities 1,000,000 Total Current Assets 7,000,000 Total Current Liabilities 3,000,000 Total Current Assets 8,000,000 Total Current Liabilities 3,000,000 Property Plant & Equipment, net 8,000,000 Long Term Debt (LTD) 9,000,000 Property Plant & Equipment, net 8,000,000 Long Term Debt (LTD) 9,000,000 Other Assets 2,000,000 Shareholder's Equity 5,000,000 Other Assets 2,000,000 Shareholder's Equity 6,000,000 17,000,000 Total Assets Total Assets $ Balance Sheet 12/31/13 $ 17,000,000 Total Liabilities & Equity $ $ 18,000,000 Total Liabilities & Equity Income Statement FY 12/31 2013 Revenue Cost of Goods Sold Gross Profit $ 12,000,000 5,000,000 7,000,000 Selling General & Admin Research and Development Depreciation and Amortization Total Operating expenses 2,400,000 1,500,000 1,500,000 5,400,000 Operating Profit 1,600,000 Interest Income Interest Expense 100,000 700,000 Pre tax Profit Tax (@35%) Net income $ 1,000,000 350,000 650,000 Answers go in the yellow boxes Current ratio 12/31/13 Accounts Receivable Turnover Total Asset Turnover Inventory Turnover Liabilities to Equity 12/31/13 Revenue to Cash Days revenue in Cash Days Inventory Return on Assets Return on Equity 2 2 2 2 2 2 2 2 2 2 20 $ 18,000,000Step by Step Solution
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