Finance

Teamname: Andrews | SimID: C121110 | Round: 3 | Year: 2023

Draft saved at Sep 22, 2020 07:32PM CDT

Finances

Plant Improvements
Total Investments ($000)	$ 0
Sales of Plant & Equipment	$ 0
Common Stock
Shares Outstanding (000)	2,000
Price Per Share	$ 1.00
Earnings Per Share	$ 3.37
Max Stock Issue ($000)	$ 400
Issue Stock ($000)	$
Max Stock Retire ($000)	$ 100
Retire Stock ($000)	$
Dividend Per Share	$
Current Debt
Interest Rate	12.6%
Due This Year	$ 57,689
Borrow ($000)	$
Cash Positions
December 31, 2022	$ 0
December 31, 2023	($ 17,017)

Liabilities & Owner's Equity

Accounts Payable : 3.1%
Current Debt :17.4%
Long Term Debt :35.4%
Common Stock :18.7%
Retained Earnings :25.4%

Accounts Payable : 3.1 %Current Debt : 17.4 %Long Term Debt : 35.4 %Common Stock : 18.7 %Retained Earnings : 25.4 %

Long Term Debt

Retire Long Term Debt ($000)	$
Issue Long Term Debt ($000)	$
Long Term Interest Rate	14.0%
Maximum Issue This Year	$ 13,804

A/R Lag (days)
A/P Lag (days)

Outstanding Bonds

Series Number	Face Amount	Current Yield	2022 Close
12.5S2024	$ 13,900	12.8%	$ 97.53
14.0S2026	$ 20,850	14.0%	$ 100.00

Answer rating: 100% (QA)

PV of Debt Service 33842 PV of Interest 2815 PV of Principal 31027 Total Debt ... View the full answer