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Q2. The most recent financial statements of a company are shown here. Income Statement BALANCE SHEET Sales 82,250 Less: Costs Less: depreciation 45,660 9,500 Current
Q2. The most recent financial statements of a company are shown here.
Income Statement | BALANCE SHEET | ||||
Sales | 82,250 | ||||
Less: Costs Less: depreciation | 45,660 9,500 | Current assets 20,640
Fixed assets 105,460 | Current Liabilities 11,100 Long term Debt 30,000
Shareholder s Equity 85,000
| ||
EBIT Interest paid | 27,090 5,050 | ||||
Taxable Income Less : Taxes | 22,040 8,816 | ||||
Net income | 13,224 | Total Assets | 126,100 | Total liabilities & Shareholders equity | 126,100 |
Dividend paid 5,000 Retained earnings 8,224 |
| ||||
- What is the sustainable growth rate of the firm? (2 marks)
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