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Use the balance sheet and income statement below: CLANCY S DOG BISCUIT CORPORATION Balance Sheet as of December 3 1 , 2 0 2 1
Use the balance sheet and income statement below:
CLANCYS DOG BISCUIT CORPORATION
Balance Sheet as of December and
in millions of dollars
Assets Liabilities and Equity
Current assets: Current liabilities:
Cash and marketable securities $ $ Accrued wages and taxes $ $
Accounts receivable Accounts payable
Inventory Notes payable
Total $ $ Total $ $
Fixed assets: Longterm debt $ $
Gross plant and equipment $ $ Stockholders equity:
Less: Accumulated depreciation Preferred stock thousand shares $ $
Net plant and equipment $ $ Common stock and paidin surplus thousand shares
Other longterm assets Retained earnings
Total $ $ Total $ $
Total assets $ $ Total liabilities and equity $ $
CLANCYS DOG BISCUIT CORPORATION
Income Statement for Years Ending December and
in millions of dollars
Net sales $ $
Less: Cost of goods sold
Gross profits $ $
Less: Other operating expenses
Earnings before interest, taxes, depreciation, and amortization EBITDA $ $
Less: Accumulated depreciation
Earnings before interest and taxes EBIT $ $
Less: Interest
Earnings before taxes EBT $ $
Less: Taxes
Net income $ $
Less: Preferred stock dividends $ $
Net income available to common stockholders $ $
Less: Common stock dividends
Addition to retained earnings $ $
Per common share data:
Earnings per share EPS $ $
Dividends per share DPS $ $
Book value per share BVPS $ $
Market value price per share MVPS $ $
Prepare a statement of cash flows for Clancys Dog Biscuit Corporation. Enter your answers in millions of dollars. Amounts to be deducted should be indicated with a minus sign.
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