Windswept Woodworks, Inc.
Input Data
(millions of dollars)
		Year 2			Year 1
Accounts payable		436			384
Accounts receivable		1,280			830
Accumulated depreciation		6,746			6,632
Cash & equivalents		224			128
Common stock		1,184			1,120
Cost of goods sold		1,500			n.a.
Depreciation expense		?			n.a.
Common stock dividends paid		?			n.a.
Interest expense		140			n.a.
Inventory		1,014			1,026
Addition to retained earnings		602			n.a.
Long-term debt		812			736
Notes payable		230			380
Gross plant & equipment		10,260			10,000
Retained earnings		3,062			2,476
Sales		3,018			n.a.
Other current liabilities		116			96
Tax rate		34	%		n.a.
Market price per share year end	$	19.80		$	17.50
Number of shares outstanding		500.00	million		500.00	million

Cash flows from investment activities
Increase in gross plant and equipment	$
Total cash flow from investments	$
Cash flows from financing activities
Increase in long-term debt	$
Increase in common stock
Cash dividends paid to common stockholders
Total cash flow from financing	$
Net change in cash balance	$
Cash balance on December 31, year 2	$