(6 marks) Question 3 The table below shows financial statements for Flex Inc. The Flex has reported profit for several years running Aug. 2005 U.S. S (000) (12 mos. Aug. 2004 U.S. $ (000) (Year) Balance Sheet Summary Cash Securities Receivables Allowances Inventory Current assets Property and equipment, net Depreciation Total assets Current liabilities Bonds Preferred mandatory Preferred stock Common stock Other stockholders' equity Total liabilities and equity Income Statement Summary Total revenues Cost of sales Other expenses Loss provision Interest expense Income pretax Income tax Income continuing Discontinued Extraordinary Changes Net income EPS primary EPS diluted 1,325,637 362.769 1.123,901 5,580 1,080,083 225,228 83.576 674.193 ?3.999 788,519 3,994,084 1.887,558 859.831 -411.792 4.834,696 2.410,568 840.834 385,519 0 0 1?186,885 533,311 1.113.186 922.653 0 271 2.792.820 1.181,209 4,834,696 2,410.568 8,391.409 5,288,294 7.614.589 4.749,988 237,063 335.808 2.143 36,479 432.342 138.407 293,935 24,759 298,983 100.159 198.159 293,935 $1.19 S1.13 198.159 $1.72 $1.65