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i need help on question a,b, and c Balance Sheets as of December 31 2015 2014 Assets $ 14,000 $ 13,000 Cash and equivalents 30,000
i need help on question a,b, and c
Balance Sheets as of December 31 2015 2014 Assets $ 14,000 $ 13,000 Cash and equivalents 30,000 25,000 Accounts receivable 28,125 21,000 Inventories $72,125 S 59,000 Total current assets 50,000 47000 Net plant and equipment $122,125 $106,000 Total assets Liabilities and Equity $10,800 S 9,000 Accounts payable 7,600 6,000 Accruals 6,700 $ 25,100 5,150 Notes payable $ 20,150 Total current liabilities 15,000 15,000 Long-term bonds $ 40,100 $ 35,150 Total liabilities 50,000 50,000 Common stock (5,000 shares) 32,025 20,850 Retained earnings $ 82,025 $ 70,850 Common equity $106,000 $122,125 Total liabilities and equity Income Statement for Year Ending December 31, 2015 $214,000 Sales 170,000 Operating costs excluding depreciation and amortization $ 44,000 EBITDA 5,000 Depreciation & amortization $ 39,000 BT 1,750 Interest $ 37,250 T 14,900 Taxes (40%) $ 22,350 Net income Dividends paid $11,175 What was net operating working capital for 2014 and 2015? b. What was a. Bailey's 2015 free cash flow? Construct Bailey's 2015 statement of stockholders' equity. d. What was C. Bailey's 2015 EVA? Assume that its after-tax cost of capital is 10% What was Bailey's MVA at year-end 2015? Assume that its stock price at December 31 e. 2015 was $20. INCOME STATELLE Step by Step Solution
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