Question: Granite Apparel (Create Pro Formas for 2007 and 2008 for Initial Public Offering scenario) Pro Forma Pro Forma 2006_ 2007E 2008E 2007E 2008E REVENUE 193

Granite Apparel (Create Pro Formas for 2007 and 2008 for Initial Public Offering scenario) Pro Forma Pro Forma 2006_ 2007E 2008E 2007E 2008E REVENUE 193 289.5 405.3 289.5 405.3 COGS -98.4 -144.7 -202.6 -144.7 -202 6 GP 94.6 144.8 202.7 144 8 202.7 S.G&A -67.5 -110 -150 -110 -150 EBITDA 27.1 34.8 52.7 34.8 52.7 Depreciation -5.2 -11.7 -18.3 -11 7 EBIT -18.3 21.9 23.1 34.4 23.1 34.4 Interest 0.5 0.4 0.4 0.4 0.4 New Interest (* ) 0 0 0 PreTax 21.4 22 7 34 Tax 6.42 6.81 10.2 Net Income 14.98 15.89 23.8 Preferred Dividends Income Available to Common 14.98 15.89 23.8 SHARES OUTSTANDING 20 20 20 New Shares Issued (if applicable) 0 0 Total Shares Outstanding 20 20 20 EPS 0.75 0.79 S 1.19

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

1. Michelin is considering going lights out in the mixing area of the business that operates 24/7. Currently, personnel with a loaded cost of $600,000 per year are used to manually weigh real rubber,...

Granite Apparel (Create Pro Formas for 2007 and 2008 for Preferred Stock scenario) Pro Forma PI 2006 2007E 2008E 2007E REVENUE 193 289.5 405.3 289.5 COGS -98.4 -144.7 -202.6 -144.7 GP 94.6 144.8...

Using the scenarios in case Exhibit 9, what role does leverage play in affecting the return on equity (ROE) for CPK? What about the cost of capital? In assessing the effect of leverage on the cost of...

please answer all three questions(evrrything in screen shot) CASE .California Pizza Kitchen Everyone knows that 95% ofrestaurants fail in the rst twoyears, and a lot ofpeople think it's "location,...

CASE .California Pizza Kitchen Everyone knows that 95% ofrestaurants fail in the rst twoyears, and a lot ofpeople think it's "location, location, location." It could be, but my experience is you have...

True / False: When using the percent of sales method to create pro formas, some of the income statement and balance sheet items are NOT assumed to grow proportionally with sales.

Please help, also could you show the formulas as well. Please help. Does it look better now, the first excel sheet goes all the up to 12 & then the total. please Sprinkles Ice Cream Shoppe Please...

I have questions in the attachment below. Kindly find the attachment below to answer. 1. It is likely that: A) prudent managers have a detailed knowledge of the composition of their sha B) mixing...

Instructions: Part A: Create pro forma financial statements. This spreadsheet is set up so that green cells contain numbers and white cells contain formulas. Follow the steps below to prepare pro...

Sprinkles Ice Cream Shoppe Please read the instructions carefully. A new client of yours, Lilly Waters wants to open an ice cream shop near the downtown shopping center. She will sell ice cream cones...

please answer fast student at uscb Sprinkles Ice Cream Shoppe Please read the instructions carefully. A new client of yours, Lilly Waters wants to open an ice cream shop near the downtown shopping...

Refer to the financial statements of The Home Depot in Appendix A and Lowes in Appendix B at the end of this book, or download the annual reports from the Cases section in the Connect library. 1....

Problem 2) The transistor shown in figure below has a threshold voltage of 1.5 volts and K = 0.4 mA/V? . Assuming ve is a pulse signal with a minimum of 0 V to a maximum of 5 V, find the voltage...

The rate for the Medicare portion of FICA taxes for a non - self - employed individual is: a . 6 . 2 percent each for the employee and employer up to the FICA cap amount. b . 7 . 6 5 percent total...

omb: file format elf 6 4 - x 8 6 - 6 4 Disassembly of section . init: 0 0 0 0 0 0 0 0 0 0 4 0 1 0 0 0 : 4 0 1 0 0 0 : f 3 0 f 1 e fa endbr 6 4 4 0 1 0 0 4 : 4 8 8 3 ec 0 8 sub $ 0 x 8 , %...