Question
USE THE FOLLOWING DATA TO ANSWER QUESTIONS 35 40 35. Net fixed assets in 2014 were $__________. 36. COGS on the 2013 common - sized
USE THE FOLLOWING DATA TO ANSWER QUESTIONS 35
40
35.
Net fixed assets in
2014 were $__________.
36.
COGS on the 2013 common
-
sized income statement was 24%. Therefore, COGS in 2013 was
37.
The debt ratio for 2014 was ____%.
38.
Cash flow from operations in 2014 was $________.
39.
Cash flow from investing in 2014 was $__________.
40.
Total dividend
s paid in 2014 was $_______.
2013
2014
Sales
500,000
560,000
COGS
????
149,350
Gross profit
380,000
410,650
Oper. exp
225,000
250,100
Depreciation
15,000
15,000
Operating profit
140,000
145,550
Interest exp.
5,000
5,000
EBT
135,000
140,550
Taxes
50,000
56,000
Net Income
85,000
84,550
2013
2014
Cash
450,000
478,500
Accounts rec
275,000
250,000
Inventories
280,000
325,000
Current Assets
1,005,000
1,053,500
Net fixed assets
1,125,000
???
Total Assets
2,130,000
2,293,500
Notes payable
150,000
125,000
Accounts payable
90,000
115,000
Accruals
15,000
25,000
Current Liabilities
255,000
265,000
Long-term debt
1,000,000
1,050,000
Common stock @ ($0.25 par)
25,000
28,500
Additional paid in capital
500,000
570,000
Retained earnings
350,000
380,000
Total Liabilities & Equity
2,130,000
2,293,500
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
The Oxford Handbook Of Pricing Management
Authors: Ozalp Ozer, Robert Phillips
1st Edition
0199543178, 978-0199543175
