For the following Financial statements, assume that COGS isalways 70% of Sales, Interest Expense is always 10% of the previousyears long term debt, Depreciation is always 20% of the previousyears Net Fixed Assets, and taxes are always 40% of EBT.2010 2011 2012 2013Net WorkingCapital 1000 1000 1200 1300Net Fixed Assets1500 1600 Long Term Debt2000 2040 2644Total Equity500 460 440 4362010 2011 2012 2013Sales2000 XXXX 3500COGS1400 Depreciation300 300 320EBIT300 730Interest204 236EBT 494Taxes120 198 NI 296Capital Expenditures400 500Dividends100 200 300 You do not have to answer each question in order. Fill out thechart above first and then answer the questions. You do NOT need totry to figure out the 2010 Income Statement. There may be more thanone way to find the answersChoose the answer that is CLOSEST to the correct answer.1. What is 2012 Sales? a.1820 b.2112 c.2360 d. 26802. What is Return on Equity in 2011? a.6% b.9% c.13% d.17% 3. What is Additional Financing Needed in 2013? (Change in LTDfrom 2012 to 2013) a.192 b.236 c.284 d.380 4. What is Capital Expenditures in 2011? a.100 b.200 c.300 d.4005. What is the Fixed Asset Turnover in 2013?1.5 b.2 c.2.5 d.3
by admin | Sep 5, 2023 | Uncategorized | 0 comments
For the following Financial statements, assume that COGS isalways 70% of Sales, Interest Expense is
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