Bailey Corporation's financial statements ( dollars and shares are in millions ) are provided here.
balance sheet as of december 31
2008 2007
asset
cash and equivalents $14,000 $13,000
account receivable 30,000 25,000
Inventories 28,125 21,000
Total current asset $72,125 $59,000
net plant and equipment 50,000 47,000
total asset $122,125 $106,000
Liabilities and equity
Account payable $10,800 $9,000
notes payable 6,700 5,150
accruals 7,600 6,000
total current liabilities $25,100 $20,150
long-term bonds 15,000 15,000
total debt $40,100 $35,150
common stock (5,000 shares) 50,000 50,000
Retained earnings 32,025 20,850
commmon equity $82,025 $70,850
total liabilities and equity $122,125 $106,000
income statement for year ending december 31,2008
sales 庐 玫 p %26amp;x .Hm p; $214,000
operating costs excluding depreciation and amortization 170,000
EBITDA $44,000
Depreciation %26amp; amortization 5,000
EBIT $39,000
interest 1,750
EBT $37,250
Taxes(40%) 14,900
net income $ 22.350
dividents paid $11,175
a. what was net working capital for 2007 and 2008?
b. what was bailey's 2008 free cash flow?
c. construct bailey's 2008 statement of stockholders' equity.|||Hmmmm interesting. http://getrichesradio.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment