Interpret the budget worksheet below.

Finance

Teamname: Andrews | Industry ID: C124461_048 | Round: 1 | Year: 2023

Draft saved at Feb 12, 2022 09:18AM MST

Finances

Plant Improvements
Total Investments ($000)	$ 0
Sales of Plant & Equipment	$ 0
Common Stock
Shares Outstanding (000)	2,321
Price Per Share	$ 34.25
Earnings Per Share	$ 0.47
Max Stock Issue ($000)	$ 13,700
Issue Stock ($000)	$
Max Stock Retire ($000)	$ 3,425
Retire Stock ($000)	$
Dividend Per Share	$
Current Debt
Interest Rate	9.9%
Due This Year	$ 0
Borrow ($000)	$
Cash Positions
December 31, 2022	$ 3,434
December 31, 2023	$ 11,658

Liabilities & Owner's Equity

Accounts Payable : 5.8% Current Debt : 9.0% Long Term Debt :33.1% Common Stock :27.6% Retained Earnings :24.4%

Accounts Payable : 5.8 %Current Debt : 9 %Long Term Debt : 33.1 %Common Stock : 27.6 %Retained Earnings : 24.4 %

Long Term Debt

Retire Long Term Debt ($000)	$
Issue Long Term Debt ($000)	$
Long Term Interest Rate	11.3%
Maximum Issue This Year	$ 28,919

A/R Lag (days)
A/P Lag (days)

Outstanding Bonds

Series Number	Face Amount	Current Yield	2022 Close
11.0S2024	$ 6,950	11.1%	$ 99.49
12.5S2026	$ 13,900	12.0%	$ 103.70
14.0S2028	$ 20,850	12.6%	$ 111.32