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Using Module 1 Exam A file: What is the value of AT operating income 2 1 Question 1 0 Answer a . - 3 8
Using Module Exam A file: What is the value of AT operating income
Question Answer
a
b
c
d
EXHIBITS: INPUT DATA for D'Leon
Balance Sheets
Assets
Casha $ $
Accounts receivable
Inventories
Total current assets $ $
Net fixed assets $ $
Total assets $ $
Liabilities and equity
Accounts payable $ $
Accruals
Notes payable
Total current liabilities $ $
Longterm debt
Total liabilities $ $
Common stock shares
Retained earnings
Total common equity $ $
Total liabilities and equity $ $
a Assume that all cash is excess cash; ie this cash is not needed for operating purposes.
Income Statements
Sales $ $
Cost of goods sold
Other expenses
Total operating exp. excl. depreciation and amortization $ $
Depreciation and amortization
Earnings before interest and taxes EBIT $ $
Interest expense
Earnings before taxes EBT $ $
Taxes
Net income $ $
EPS $ $
DPS $ $
Book value per share $ $
Stock price $ $
Shares outstanding
Tax rate
Lease payments $ $
Sinking fund payments
Statement of Stockholders' Equity,
Common Stock Total
Retained Stockholders'
Shares Amount Earnings Equity
Balances, Dec. $ $ $
Add: Net Income,
Less: Dividends to common stockholders
Addition Subtraction to Retained Earnings
Balances, Dec. $ $ $
Statement of Cash Flows,
Operating Activities
Net Income $
Depreciation and amortization
Increase in accounts payable
Increase in accruals
Increase in accounts receivable
Increase in inventories
Net cash provided by operating activities $
Investing Activities
Additions to property, plant, and equipment $
Net cash used in investing activities $
Financing Activities
Increase in notes payable $
Increase in longterm debt
Payment of cash dividends
Net cash provided by financing activities $
Summary
Net decrease in cash $
Cash at beginning of the year
Cash at end of the year $
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