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Sales COGS Dep EBIT Interest Taxable income Taxes NI 2007 Income Statement 170,000.00 115,000.00 11,800.00 43,200.00 6,800.00 36,400.00 8,600.00 27,800.00 Waxham Feed Balance Sheet 2006

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Sales COGS Dep EBIT Interest Taxable income Taxes NI 2007 Income Statement 170,000.00 115,000.00 11,800.00 43,200.00 6,800.00 36,400.00 8,600.00 27,800.00 Waxham Feed Balance Sheet 2006 2007 33,000.00 20,000.00 A/P 25,200.00 19,300.00 LTD 40,570.00 55,760.00 Common Stock 98,770.00 95,060.00 RE 213,000.00 270,800.00 311,770.00 365,860.00 Tot Lia. & OE 2007 Cash A/R Inventory Total CA Net Fixed Asst Total Asset 2006 33,700.00 65,500.00 75,000.00 137,570.00 20,500.00 57,400.00 130,000.00 157,960.00 311,770.00 365,860.00 How many dollars of sales are being generated from every dollar of fixed assets? (Use 2007 values.)

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