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Using the fundamental information in the following financial statements for LeGarde Corporation, a specialty retailer, forecast EBIT and NOPAT for 2017 and the total of
Using the fundamental information in the following financial statements for LeGarde Corporation, a specialty retailer, forecast EBIT and NOPAT for 2017 and the total of amount of combined CAPEX and increase in NEW that is consistent with the forecasted EBIT and NOPAT.
LEGARDE CORPORATION Balance Sheets December 31, 2015 and 2016 ASSETS 2015 2016 Current Assets: Cash Accounts receivable Inventories 1,727 1,727 1,773 2,216 721 4,221 4,844 Total Current Assets Fixed Assets Total Fixed Assets (Gross) Accumulated depreciation 8,794 9,233 (1,568) (2,447) 7,226 6,787 11,447 11,631 Net Fixed Assets TOTAL IABILITIES AND SHAREHOLDERS'EQUITY Current Liabilities: 390 Accounts payable 5% Short-term debt Total Current Liabilities 5% Long-term debt 488 504 (17) (17) 5,392 5,392 1,397 Shareholders' Equity: Common stock Additional paid-in capital Retained earnings Total Treasury stock 1,000 1,000 2,000 2,000 1,894 3,491 4,894 6,491 (236) (236) 4,658 6,255 11,447 11,631 Total Shareholders' Equity TOTALStep by Step Solution
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