Corporation Income Statement 2013 (Income
Statement figures are in 1000 of dollars)

Sales
Cost of Goods Sold
Depreciation
EBIT
Interest Paid
Taxable Income
Taxes (34%)
Net Income
Dividends
Retained Earnings

2013
$
3,756.00
$
2,453.00
$
490.00
$
813.00
$
613.00
$
200.00
$
68.00
$
132.00
$
46.00
$
86.00

2012
$ 3,412.00
$ 2,423.00
$

470.00

$

519.00

$

400.00

$

119.00

$

40.00

$

78.54

$

31.00

$

48.00

Corporation Balance Sheet 2013
Liabilities and Equity
Current Liabilities
$
$
365,040.00
Accounts Payable
715,680.00
$
$
1,534,680.00
Notes Payable
1,446,400.00
$
$
1,238,500.00
Total Current Liabilities
2,162,080.00
$
$
3,138,220.00
Long Term Debt
3,825,000.00
$
12,315,680.00
Shareholder equity
$
Common Stock
15,000.00
$
Retained Earnings
9,316,820.00
$
Total Equity
9,466,820.00
$
Total Liabilities &
$
15,453,900.00
Equity
15,453,900.00

Assets
Current Assets
Cash
Accounts
Receivable
Inventory
Total Current Assets
Fixed Assets

Total Assets

Corporation Balance Sheet 2012
Assets
Liabilities and Equity
Current Assets
Current Liabilities
$
$
Cash
665,040.00
Accounts Payable
615,680.00

Accounts
Receivable
Inventory
Total Current Assets
Fixed Assets

$
1,200,680.00
$
1,038,500.00
$
2,904,220.00
$
11,314,680.00

Notes Payable
Total Current Liabilities
Long Term Debt
Shareholder equity
Common Stock
Retained Earnings

Total Assets

$
14,218,900.00

$
1,246,400.00
$
1,862,080.00
$
3,325,000.00

Total Equity
Total Liabilities &
Equity

$
15,000.00
$
9,016,820.00
$
9,031,820.00
$
15,453,900.00

Answer the following
1. Current Ratio
2. Debt to Equity Ratio
3. Inventory Turn Over
4. Profit Margin
5. Return on Assets
6. Operating Cash Flow
7. Capital Spending
8. Change in net working capital
9. Cash Flow From Assets

10. Return on Equity