Nam Please show the formulae that you use. The Balance Sheet and Income Statement provided for ABC Corp. on page 2 are for questions 4, 5, 6 and 7. Please note the units on the financial statements when answering the questions. 1. Which Financial Statement gives a soap shot of the financial condition of a company at a point in time? 2. What factor(s) can cause Cash Flow to be different from Net Income in any given period? 3. If a company's Accounts Payable increase during a period, how will that effect Free Cash Flow if everything else stays the same? 4. Calculate the Net Working Capital, Current Ratio and Days Receivable for ABC Corp. 5. Calculate the Enterprise Value and EBITDA Ratios for ABC Corp. 6. What is the Earnings per Share (EPS) for ABC Corp.? Assuming the market price for ABC Corp. is $50/share what is the P/E ratio for ABC Corp.? (15 points) 7. What are the Debt-Equity and the Times Interest Earned ratios for ABC Corp.? Any observation or comment? 8. Companies Y and Z are both in the same industry and have no debt. Company Y has shown a return on assets (ROA) of 10% and pays out 10% of its earnings as dividends to shareholders. Company Z shows a ROA of 12% and pays out 50% of its earnings to shareholders as dividends. Assume that both companies continue to perform as they have in the past. Which company do you think has the ablity to fund a higher growth rate with retained earnings? Why? ABC Corp. Balance Sheet 15 ln 000) As of 12/31/2017 As of 12/31/2017 Actets Uabllides and Owners' Equity 5 $ Account Receiveable Deports and Prepaid Expenses inventory 21.552 42970 2942 259.144 Accounts Payable Short Tem Debt Long Tem Debt (current portion) Accrued Expenses 52 053 51.592 25,200 14,387 Total Current Assets 216, BOS Total current abilities Long Term Debt 173,231 36.200 Property, plant and Equip 59,890 Common Stock (4.500,000 shares outstanding) Retained Eaming! 7,066 10, 101 Total Assets 5 276,498 Total uabdities and Owners' Equity 5 278.495 ABC Corp. Income Statement is in 000 Year Ended 12/31/2017 Revenues Cost of Sales (COGS) 1. 104,786 899,258 Gross Profit 205,528 Operating Expenses Salary and Benefits General and Administralon Depreciation and Amortization Income from Operations 57.991 88,276 10 501 48,760 Interest Expense 9,573 39,187 Pre Tax Income Income Tax Expense Net Income 14,387 $ 24 800 Dividends 4,500 Addition to Retained Earnings 5 20.300