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XYZ, Inc. INCOME STATEMENTS (dates 12/31/xx) 2010 Sales $3,600 Operating costs (excluding depreciation) 3,060 Depreciation 90 EBIT $450 Interest 65 Earnings before taxes $385 Taxes

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XYZ, Inc. INCOME STATEMENTS (dates 12/31/xx) 2010 Sales $3,600 Operating costs (excluding depreciation) 3,060 Depreciation 90 EBIT $450 Interest 65 Earnings before taxes $385 Taxes (40%) 154 Net income available to common stockholders $231 Common Stock Dividends Paid $181 2009 $3,000 2,550 75 $375 60 $315 126 $189 $14 xyz, Inc. BALANCE SHEETS (dates 12/31/xx) Cash and marketable securities Accounts receivable Inventories Total current assets Net fixed assets Total assets 2010 $36 540 540 $1,116 900 $2,016 2009 $30 450 600 $1,080 750 $1,830 Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock (50 million shares) Retained earnings Total liabilities and equity $324 201 216 $741 450 $1,191 150 675 $2,016 $270 155 180 $605 450 $1,055 150 625 $1,830 abilities and equity $2,016 $1,830 On XYZ's 2010 Cash Flow Statement, the subtotal for the section "Net Cash from Operating Activities" should be $__ || On XYZ's 2010 Cash Flow Statement, the subtotal for the section "Net Cash from Investing Activities" should be $ _-240 A On XYZ's 2010 Cash Flow Statement, the subtotal for the section "Net Cash from Financing Activities" should be $__ A Question 4 12 nainte CAL On XYZ's 2010 Cash Flow Statement, the total change in cash was 6 A nin XYZ needs to compute its Free Cash Flow for 2010. Capital Expenditures or CAPEX is $__ A/ Total liabilities and equity $2,016 625 $1,830 XYZ needs to know its change in Net Working Capital in order to compute free cash flow for 2010. The change in Net Working Capital from 2009 to 2010 was $ __? A unction in Total liabilities and equity $2,016 $1,830 For 2010, XYZ had free cash flow of $__ A/ XYZ, Inc. INCOME STATEMENTS (dates 12/31/xx) 2010 Sales $3,600 Operating costs (excluding depreciation) 3,060 Depreciation 90 EBIT $450 Interest 65 Earnings before taxes $385 Taxes (409) 154 Net income available to common stockholders $231 Common Stock Dividends Paid $181 2009 $3,000 2,550 75 $375 60 $315 126 $189 $14 XYZ, Inc. BALANCE SHEETS (dates 12/31/xx) Cash and marketable securities Accounts receivable Inventories Total current assets Net fixed assets Total assets 2010 $36 540 540 $1,116 900 $2,016 2009 $30 450 600 $1,080 750 $1,830 Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock (50 million shares) Retained earnings Total liabilities and equity $324 201 216 $741 450 $1,191 150 675 $2,016 $270 155 180 $ 605 450 $1,055 150 625 $1,830

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