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I need this done today if possible. Will pay extra. Name____________________________________ Work in the space provided. You must show all work to receive full credit.

I need this done today if possible. Will pay extra.

image text in transcribed Name____________________________________ Work in the space provided. You must show all work to receive full credit. This exam is individual, and you may not receive aid from anyone other than the professor. This exam is a take-home exam, and is due Friday August 11th. 1. At Ball.com, go to the annual report from the Ball Corporation. Use the data for 2015 and 2014 to answer the following: a. How has the Liquidity Position of Ball changed? b. Perform a complete Profit Margin analysis. What areas have changed for the company? c. Analyze the company's Ability to Pay for each of the two years. 2. For the Ball Corporation, perform a Du Pont analysis on the ROE of the company, and discuss significant changes in ROE and the source of the change. 3. You are establishing a new subsidiary for your company. You believe that the subsidiary will generate sales of $15 million, and will conform to the industry ratios listed below the balance sheet. What will the balance sheet entries be? Cash 500,000 Wages Payable 250,000 A/R N/P_________________________ Inventory______________ TCL TCA LTD________________________ NFA__________________ Total Debt TA S/E_________________________ TL&SE Industry Ratios: Current Ratio 4 Quick Ratio 2 Price/Earnings 12 Market/Book 2 TCL/SE .20 Total Asset TO 3 Times Int. Earned 4 Debt Ratio .50 4. You have evaluated the ROA for a company, and the ROE. The ROA is 6%, and the ROE is 15%. The industry average for the debt ratio is .5. How does the Company's use of debt compare to the industry average? (Hint: it will take a couple of steps to get to an answer) _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ 5. Using the Ball Corporation financial statements answer the following. Assume that, in the operating portion of the income statement, Cost of Sales is variable, and the other expenses are fixed. a. What is the DOL for the company in 2015? Provide an interpretation for this, assuming that Sales are expected to increase by 8% next period. b. What is the DFL for the company in 2015? Provide an interpretation for this assuming that EBIT is expected to increase by 10%. 6. Fine Leather Enterprises sells its single product for $129 per unit. The firm's fixed operating costs are $473,000 annually, and its variable operating costs are $86 per unit. a. What is the breakeven number of units that FLE has to sell? b. What is the Sales Breakeven for FLE? c. If FLE wants an EBIT of $150,000, how many units must it sell

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