XYZ COMPANY

Balance Sheet

as of December 31, 2007

Assets Liabilities and Stock

Current assets: Current Liabilities

Cash and cash equivaelnets 9,000 Accounts payable 4,000

Accounts receivable, net 21,000 short term debt 13,000

Inventories 20,000 Wages &salaries payable 1,000

Total current assets 50,000 Income taxes payable 2,000

Property & equipment, net 30,000 Total Current Liabilities 20,000

Buildings 40,000 Long-term debt 35,000

Land 10,000 Other long-term Liabilites 15,000

Total assets 130,000 Total Liabilties 70,000

Stockholders' equity

capital stock-1,000 shares issued and

outstanding 10,000

Retained earnings 50,000

Total stock holders' equity 60,000

Total liabilities &stockholders' equity 130,000

What is the Book Value Per Share based on the information above?

Enter your answer without dollar signs and no commas. Example $70 entered as 70

If the market price per share $50 for XYZ Company, what is the total value of XYZ Company?

Enter your answer without dollar signs and no commas. Example $70,000 entered as 70000

Use the following information to answer questions 18-31:

BaysideInc.

2005 Income Statement

($ in thousands)

Net sales$5,680

Less: Cost of goodssold4,060

Less:Depreciation420

Earnings before interest and taxes1,200

Less: Interestpaid30

TaxableIncome$1,170

Less:Taxes410

Netincome$760

Bayside, Inc.

2004 and 2005 Balance Sheets

($ in thousands)

2004200520042005

Cash$70$180Accountspayable$1,350$1,170

Accountsrec.980840Long-termdebt720500

Inventory1,5601,990Commonstock3,2003,500

Total$2,610$3,010Retained earnings9401,200

Net fixed assets3,6003,360

Totalassets$6,210$6,370Total liabilities &equity$6,210$6,370

Calculate the following: for2005 only(You will show your work and put it in the drop box).

Additional Information at the end of 2005:

Fair Market Value of the Stock $190 per share

Number of Common Shares Outstanding 100,000

Dividends paid during 2005 - $4 per share

Calculate the Current Ratio for 2005.

Your answer should be carried to 2 decimal points and rounded.1.567 would be entered as 1.57

A current ratio of 2.2 would appear to show that the company has a healthy current ratio.

Is this statement true or false

What is the Quick Ratio for this company for 2005?

Your answer should be carried to 2 decimal points and rounded..5678 would be entered as .57

Calculate the Inventory Turnover in days for 2005.

Carry your answer two decimal points. 103.0899 would be entered as 103.09

If a seller of fresh fruit had an Inventory Turnover Ratio of 125 days, would this be a good ratio? yes or No

Calculate the Average Days Sales for Collecting Receivables.

Carry your answer two decimal points. 33.0899 would be entered as 33.09

If this companies terms are Net 15 on items it sells and itsAverage Days Sales for collecting those receivables is 39 days,should the company be concerned?

Calculate the Debt to Equity Ratio.

Carry your answer two decimal points. Example .2899 would be entered as .29

The ratio reflects that the company has used more debt than equity to finance the growth of the company. yes or No

Calculate the Profit Margin for the company.

Your answer should be a percentage, have 2 decimal points. Enter 23.56% as 23.56

Calculate the Earnings Per Share for the company.(Net Income/Oustanding Shares)

Carry your answer two decimal points. 23.0899 would be entered as 23.09

Calculate the Price to Earnings Ratio.

Carry your answer two decimal points. 23.0899 would be entered as 23.09

Beginning Retained Earnings$100,000

Dividends Paid for the Year$20,000

Net Loss for the Year$30,000

Based on the information above, the Ending Retained Earnings Balance will be?

Enter your answer without dollar signs and no commas. Example $4,000 would be entered as 4000