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please answer as 2a 2b ect Financial statements of Woodstock Manufacturing Company appear below (note amounts in thousands) 2005 2004 Balance Sheet April 30 (in
please answer as 2a 2b ect
Financial statements of Woodstock Manufacturing Company appear below (note amounts in thousands) 2005 2004 Balance Sheet April 30 (in thousands of dollars) 2006 Assets Current assets $ 1,700 Plant and equipment (net) 8, 110 Other assets 1,004 Total assets $10.94 Liabilities and Stockholders' Equity Current liabilities 6 950 Long-term liabilities 2,023 Capital stock (510 par) 4,600 Paid-in capital in excess of par 770 Retained earnings 2,472 Total liabilities and stockholders' equity $10.914 $1,120 7,830 695 E9X 645 61,544 5,404 772 $7.720 880 1,591 4,600 770 1.804 $9,645 $ 772 1,544 3,000 386 2,018 57720 Net sales Cost of sales Gross profit Selling expenses Administrative expenses Total operating expenses Operating income Interest expense Net income before tax Income taxes Net income Income Statement For the Year Ended April 30 (in thousands of dollars) 2006 $38, 610 25, 100 613,510 7.700 6270 $11,970 $ 1,540 115 6 1,425 655 5 1270 2005 $32,175 19,950 $12,225 6,565 4.175 $10,740 6 1,485 95 $ 1,390 2004 $25,740 15,400 $10,340 5,146 3,861 59,009 61,331 100 $1,231 541 3690 645 745 What is book value in 2006? In 2005? In 2004? Note that numbers in financial statements are in thousands Assume depreciation and amortization expense of $811,000 in 2006 and $783,000 in 2005. What is EBITDA for 2006? For 2005? What multiple of EBITDA do you believe is suitable to value this business, and why? What would you determine the value of this business to be at the end of 2006 2005 Step by Step Solution
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