urgent

Q2. 10 pts Financial Indicators Use CompuTech's financial statements for 2014 in Appendix A to calculate the following 1. The company's sustainable growth rate 2. The company's Z-score CompuTech Inc. Financial Statements STATEMENTS OF INCOME STATEMENTS OF COMPREHENSIVE INCOME STATEMENTS OF CHANGES IN EQUITY STATEMENTS OF FINANCIAL POSITION (FOR THE YEARS 2013 TO 2015) CompuTech Inc. Statements of Income For the years ended December 31 (in thousands of $) 2015 2014 800 420 2013 350 Revenue Cost of sales (406) (209) (177) 394 211 173 5 5 5 (80) (5) (5) (10) (40) (140) (60) (3) 3 (5) (20) (91) Gross profit Other income Distribution costs Salaries Commissions Travelling Advertising Depreciation/amortization Toral distribution costs Administrative expenses Salaries Leasing Depreciation/amortization Total administrative expenses Finance costs Total other income/expenses Profit before taxes (50) (2) (2) (3) (20) (77) (38) (60) (10) (40) (110) (30) (5) (18) (53) (20) (65) (30) (10) (275) (135) (165) 46 119 38 (42) (13) Income tax expense Profit for the year (13) 33 77 25 un E : CU 2013 25 CompuTech Inc. Statements of Comprehensive Income For the years ended December 31 (in thousands of s) 2015 2014 Profit for the year 77 33 Other comprehensive income/(loss) Exchange differences on translating foreign operations Cash flow hedges Gains on property revaluation Other comprehensive income/(loss) for the year, net of tax Total comprehensive income for the year CompuTech Inc. Statements of Changes in Equity For the years ended December 31 (in thousands of s) 2015 2014 2013 100 100 100 70 Common shares Balance at beginning of year Common shares issued Dividend reinvestment and share purchase plan Shares issued on exercise of stock options Balance at end of year Retained earnings Balance at beginning of year Profit for the year 170 100 100 58 77 25 33 0 25 135 58 25 135 58 25 Dividends Balance at end of year Contributed surplus Balance at beginning of year Stock-based compensation Options exercised Balance at end of year Total shareholders' equity 305 158 3 Appendix A A-3 2014 2013 CompuTech Inc. Statements of Financial Position As at December 31 (in thousands of S) 2015 Assets Nont-current assets Property, plant, and equipment 560 Goodwill Other intangible assets Accumulated depreciation/amortization (158) Total non-current assets 402 210 170 (38) 132 132 Current assets Inventories Trade receivables Prepaid expenses Cash and cash equivalents Total current assets 110 90 10 25 235 65 45 5 21 136 3 5 15 105 IN TUM TUO 70 Houyyonyaal Common shares issued Dividend reinvestment and share purchase plan Shares issued on exercise of stock options Balance at end of year Retained earnings Balance at beginning of year Profit for the year 170 100 100 58 77 135 25 33 58 0 25 25 135 58 25 Dividends Balance at end of year Contributed surplus Balance at beginning of year Stock-based compensation Options exercised Balance at end of year Total shareholders' equity 305 158 125 Appendix A A-3 CompuTech Inc. Statements of Financial Position As at December 31 (in thousands of S) 2015 2014 2013 560 210 170 (158) 402 (78) 132 (38) 132 110 90 10 25 235 637 65 45 5 21 136 268 50 35 5 15 105 237 Assets Non-current assets Property, plant, and equipment Goodwill Other intangible assets Accumulated depreciation/amortization Total non-current assets Current assets Inventories Trade receivables Prepaid expenses Cash and cash equivalents Total current assets Total assets Equity and liabilities Equity Share capital Retained earnings Contributed surplus Total equity Liabilities Non-current liabilities Long-term borrowings Current liabilities Trade and other payables Short-term borrowings Current portion of long-term borrowings Total current liabilities Total liabilities Total equity and liabilities 100 170 135 100 25 58 305 158 125 200 50 60 47 75 10 132 20 35 5 60 17 30 5 52 332 110 112 637 268 237 4