Part-1 AT-HOME Due Oct.19 2017 INCOME STATEMENT Sales Revenue Cost of Goods Sold Gross Profit (Loss) Selling, General, Admin Expenses Depreciation and Amortization - Total Operating Income EBIT Interest and Related Expense Pretax Income Income Taxes Expense (Credit) NET INCOME (LOSS) 2018 4,965 2,428 2,537 1,400 138 999 12 987 235 752 2017 4,391 2,100 2,291 1,283 127 8811 8 873 294 579 2016 3,962 1,893 2,069 1,169 104 795 5 790 291 499 Calculate Free Cash Flow for 2 Yrs USE 24% INC.TAX RATE 2018 EBIT EBIT X (1 - 24 tax rate) Depreciation CHANGE, Work Cap Capital Spending 2016 113 BALANCE SHEET Cash and Short-Term Investments - To Receivables - Total Inventories - Total Current Assets - Other - Total Current Assets Total Property Plant and Equipment - Total Non-Current Assets - Other - Total Long-term Assets Total ASSETS TOTAL 2018 167 714 1,279 156 2,316 925 81 1,005 3,322 2017 117 608 1,093 118 1,936 894 81 975 2,911 500 993 115 1,721 900 48 948 2,669 Free Cash Flow A10 pts 10 pts Below use Year-end Assets, Equity, not AVG Compute Sustain Growth % 2018 2017 for 2 Yrs Net Profit Margin 'd' Div Payout Debt / Equity Assets / Sales Numerator Denoninator Current Liabilities 2018 Debt Payable - Current Liabilities 3 Account Payable/Creditors - Trade 194 Current Liabilities - Other 241 Current Liabilities Total 437 Long-Term Debt Total 497 Deferred Taxes and Investment Tax Cre 84 Long-Term Liabilities Total 581 Liabilities Total 1,019 Shareholders' Equity Total 2,303 LIABILITIES + SHAREHOLDERS' EQUITY 3,322 2017 10 148 194 351) 412 51 4631 8141 2,097 2,911 2016 10 109 156 276 380 81 460 736 1,933 2,669 S.G.R. (end-yr Equity) >>> A 10 pts A 10 pts 2016 499 104 continued from lower left Capital Expenditures Other Cash Flow from Investin INVESTING ACTIVITIES - NET 2018 176 2 -174 2017 120 -59 -179 Iwo STATEMENT OF CASH FLOWS Income Before Extraordinary Items Depreciation and Amortization Adjustments to Net Income Accounts Receivable - Decrease (Incred Inventory - Decrease (Increase) Accounts Payable and Accrued Liabilite Other Changes in Operation Activities OPERATING ACTIVITIES - NET CASH FLC 2018 752 138 47 -120 - 193 93 -42 674 2017 579 127 -18 -104 -76 74 3 585 -73 -40 -81 -46 46 514 Common and Preferred Stock Cash Dividends Other - Increase (Decrease) FINANCING ACTIVITIES - NET -90 442 0 369 0 -446 -407