To answer the third cash flow statement, answer the following questions

What is your analysis of their current profit vs. cash situation?

Are they in danger of running out of cash? What are your findings? Explain

Annual Income Statement ($ Thousands, except per share ) Sales Cost of Goods Sold Gross Profit Selling. General, & Administrative Exp. Operating Income Before Deprec. Depreciation Depletion &Amortization Operating Profit Interest Expense Non-Operating Income/Expense Special Items Pretax Income Total Income Taxes Income Before Extraordinary Items & Discontinued Operations Savings Due to Common Stock Equiv. Adjusted Net Income EPS Basic from Operations EPS Diluted from Operations Dividends Per Share Com Shares for Basic EPS Com Shares for Diluted EPS 2015 $179.24 $95.71 $83.53 $56.36 $27.17 $5.85 $21.33 $0.88 $0.93 $0.00 $21.38 $7.23 2016 $164.28 $91.99 $72.29 $50.65 $21.64 $5.89 $15.74 $0.56 $0.31 $0.00 $15.49 $5.60 $14.15 $0.00 $14.15 $0.26 $0.25 $0.02 $5.06 $5.21 $9.90 $0.00 $9.90 $0.19 $0.19 $0.00 $5.12 $5.27 ANNUAL BALANCE SHEET ($ Thousands) 31-Dec-15 31-Dec-16 $25.05 $29 68 $0.00 $17.11 $1 62 $42.70 $0.00 $3.39 $64.94 $62.75 $26.16 $27.59 $5.99 $6.16 $104.47 $69.49 $59.29 $32.61 $25.67 $6.01 $5.91 $106 98 $0.00 $11.91 ASSETS Cash & Short-Term Investments Net Receivables Inventories Prepaid Expenses Other Current Assets Total Current Assets Grozs Plant Property & Equipment Accumulated Depreciation Net Plant Property & Equipment Intangibles Other Assets TOTAL ASSETS LIABILITIES - Long Term Debt Due In One Year Accounts Payable Taxes Payable Accrued Expenses Other Current Liabilities Total Current Liabilities Long Term Debt Deferred Taxes Other Liabilities TOTAL LIABILITIES EQUITY Common Stock Capital Surplus Retained Earnings Less: Treasury Stock TOTAL EQUITY TOTAL LIABILITIES & EQUITY Common Shares Outstanding $0 00 $10.99 $1 87 $719 $1 88 $6.91 $1 95 $19.79 $6.95 $116 $32.69 $4721 $0.07 $2725 $72.99 $0.06 $24.31 $61 10 $25.71 $59.77 $108 98 $505 $71.79 $104.47 $5 14 3 4 5 5 7 Cash Flow Statement 2016 ($ Thousands) e Cash Flow from Operating Activities Lo Net income 11 Change in Accounts Payable 2 Change in Accounts Receivable -2 Change in Inventory 4 Other Adjustments: -5 Accrued Expenses 16 Depreciation Expense 17 Income Taxes 8 Net Cash provided by Operating Activities 0 Cash Flow from Investing Activities 1 sale of Plant Property and Equipment 2 Purchase of Assets 3 Sales of other assets 4 Income from short term investments (assumption from IS) s Net Cash used in investing Activities 7 Cash Flows from Financing Activities 3 Additions to long-term debts 9 Cash dividends 0 Repurchase of Treasury Stock 11 Net cash used in Financing Activities 3 Increase/Decrease in cash and cash equivalents 4 cash and Cash Equivalents at the beginning of the period 5 Cash and Cash Equivalents at the end of the period Annual Income Statement ($ Thousands, except per share ) Sales Cost of Goods Sold Gross Profit Selling. General, & Administrative Exp. Operating Income Before Deprec. Depreciation Depletion &Amortization Operating Profit Interest Expense Non-Operating Income/Expense Special Items Pretax Income Total Income Taxes Income Before Extraordinary Items & Discontinued Operations Savings Due to Common Stock Equiv. Adjusted Net Income EPS Basic from Operations EPS Diluted from Operations Dividends Per Share Com Shares for Basic EPS Com Shares for Diluted EPS 2015 $179.24 $95.71 $83.53 $56.36 $27.17 $5.85 $21.33 $0.88 $0.93 $0.00 $21.38 $7.23 2016 $164.28 $91.99 $72.29 $50.65 $21.64 $5.89 $15.74 $0.56 $0.31 $0.00 $15.49 $5.60 $14.15 $0.00 $14.15 $0.26 $0.25 $0.02 $5.06 $5.21 $9.90 $0.00 $9.90 $0.19 $0.19 $0.00 $5.12 $5.27 ANNUAL BALANCE SHEET ($ Thousands) 31-Dec-15 31-Dec-16 $25.05 $29 68 $0.00 $17.11 $1 62 $42.70 $0.00 $3.39 $64.94 $62.75 $26.16 $27.59 $5.99 $6.16 $104.47 $69.49 $59.29 $32.61 $25.67 $6.01 $5.91 $106 98 $0.00 $11.91 ASSETS Cash & Short-Term Investments Net Receivables Inventories Prepaid Expenses Other Current Assets Total Current Assets Grozs Plant Property & Equipment Accumulated Depreciation Net Plant Property & Equipment Intangibles Other Assets TOTAL ASSETS LIABILITIES - Long Term Debt Due In One Year Accounts Payable Taxes Payable Accrued Expenses Other Current Liabilities Total Current Liabilities Long Term Debt Deferred Taxes Other Liabilities TOTAL LIABILITIES EQUITY Common Stock Capital Surplus Retained Earnings Less: Treasury Stock TOTAL EQUITY TOTAL LIABILITIES & EQUITY Common Shares Outstanding $0 00 $10.99 $1 87 $719 $1 88 $6.91 $1 95 $19.79 $6.95 $116 $32.69 $4721 $0.07 $2725 $72.99 $0.06 $24.31 $61 10 $25.71 $59.77 $108 98 $505 $71.79 $104.47 $5 14 3 4 5 5 7 Cash Flow Statement 2016 ($ Thousands) e Cash Flow from Operating Activities Lo Net income 11 Change in Accounts Payable 2 Change in Accounts Receivable -2 Change in Inventory 4 Other Adjustments: -5 Accrued Expenses 16 Depreciation Expense 17 Income Taxes 8 Net Cash provided by Operating Activities 0 Cash Flow from Investing Activities 1 sale of Plant Property and Equipment 2 Purchase of Assets 3 Sales of other assets 4 Income from short term investments (assumption from IS) s Net Cash used in investing Activities 7 Cash Flows from Financing Activities 3 Additions to long-term debts 9 Cash dividends 0 Repurchase of Treasury Stock 11 Net cash used in Financing Activities 3 Increase/Decrease in cash and cash equivalents 4 cash and Cash Equivalents at the beginning of the period 5 Cash and Cash Equivalents at the end of the period