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Problem #1: [20 points] (a) Based on the information given below, show the Balance Sheet and Income Statement for XYZ Company for 2017 and 2018.
Problem #1: [20 points] (a) Based on the information given below, show the Balance Sheet and Income Statement for XYZ Company for 2017 and 2018. XYZ faces a 34% tax rate. (b) For 2018, show the calculation for the Operating Cash Flow, Capex, Investment in Working Capital, Cash Flow from Assets, Cash Flow to Shareholders, and the Cash Flow to Creditors. XYZ Company Sales Depreciation Cost of Goods Sold Other Expenses Interest Cash Accounts Receivable Short Term Notes Payable Long Term Debt Net Fixed Assets Accounts Payable Inventory Dividends 2017 ($) 12730 1827 4377 1041 854 6674 8837 1288 22352 55977 4822 15711 1522 2018 ($) 14229 1910 5178 906 1019 7113 10371 1262 27099 59700 5108 16817 1780
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