Tax rate 25% Sales COGS Other expenses Depreciation EBIT Interest Taxable income Taxes Net income S550,424,000 397,185,000 65,778,000 17,963,000 S 69,498,000 9,900,000 S 59,598,000 14,899,500 3 44,698,500 Dividends Add to RE 19,374,500 25,324,000 S S Assets Current assets Cash and equivalents Accounts receivable Inventory Other Total current assets 10,107,000 16,813,300 18,135,700 1,054,900 46,110,900 Liabilities & Equity Current liabilities Accounts payable S Accrued expenses Total current liabilities S 40,161,400 5,723.700 45,885,100 $ s 152,374,000 Total fixed assets 5 316,352,000 $ Long-term debt Stockholders' equity Preferred stock Common stock Capital surplus Accumulated retained earnings Less treasury stock Total equity 1,773,000 31,802,000 27,348,000 146,052,800 (42,772,000) 164,203,800 s Total assets Total liabilities and shareholders' equity S 362,462,900 S 362,462,900 Growth rate Minimum FA purchase S 20% 95,000,000 5) Sales COGS Other expenses Depreciation EBIT Interest Taxable income Taxes Net income Dividends Add to RE Assets Current assets Cash and equivalents Accounts receivable Inventory Other Total current assets Liabilities & Equity Current liabilities Accounts payable Accrued expenses Total current liabilities Fixed assets Long-term debt Stockholders' equity Preferred stock Common stock Capital surplus Accumulated retained earnings Less treasury stock Total equity Total liabilities and shareholders' equity Total assets EFN Tax rate 25% Sales COGS Other expenses Depreciation EBIT Interest Taxable income Taxes Net income S550,424,000 397,185,000 65,778,000 17,963,000 S 69,498,000 9,900,000 S 59,598,000 14,899,500 3 44,698,500 Dividends Add to RE 19,374,500 25,324,000 S S Assets Current assets Cash and equivalents Accounts receivable Inventory Other Total current assets 10,107,000 16,813,300 18,135,700 1,054,900 46,110,900 Liabilities & Equity Current liabilities Accounts payable S Accrued expenses Total current liabilities S 40,161,400 5,723.700 45,885,100 $ s 152,374,000 Total fixed assets 5 316,352,000 $ Long-term debt Stockholders' equity Preferred stock Common stock Capital surplus Accumulated retained earnings Less treasury stock Total equity 1,773,000 31,802,000 27,348,000 146,052,800 (42,772,000) 164,203,800 s Total assets Total liabilities and shareholders' equity S 362,462,900 S 362,462,900 Growth rate Minimum FA purchase S 20% 95,000,000 5) Sales COGS Other expenses Depreciation EBIT Interest Taxable income Taxes Net income Dividends Add to RE Assets Current assets Cash and equivalents Accounts receivable Inventory Other Total current assets Liabilities & Equity Current liabilities Accounts payable Accrued expenses Total current liabilities Fixed assets Long-term debt Stockholders' equity Preferred stock Common stock Capital surplus Accumulated retained earnings Less treasury stock Total equity Total liabilities and shareholders' equity Total assets EFN