New Gen Corp Balance Sheet at 12/31/18 and Income Statement for 2018 ($ in Millions) Balance...

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New Gen Corp Balance Sheet at 12/31/18 and Income Statement for 2018 ($ in Millions) Balance Sheet Assets Cash 13 Receivables (net) 25 Inventory 22 PP & E (net) 100 Goodwill 13 Total assets 173 Liabilities & Equity Accounts payable 30 Short term debt 5 Long term debt 63 Preferred stock 8 Common Equity + Ret E 67 Total Liabilities + Equity 173 Income Statement Sales (net) 212 CofGS 129 Gross profit 83 Other expense 51 Depr&Amort 9 Operating Income 23 Interest expense 3 Lease expense 2 PBT 18 Tax 6 PAT 12 1. Calculate New Gen's Balance Sheet Financial Leverage using LTD/Capitalization. (%) 2. Calculate New Gen's Operating Margin (%) New Gen Corp Balance Sheet at 12/31/18 and Income Statement for 2018 ($ in Millions) Balance Sheet Assets Cash 13 Receivables (net) 25 Inventory 22 PP & E (net) 100 Goodwill 13 Total assets 173 Liabilities & Equity Accounts payable 30 Short term debt 5 Long term debt 63 Preferred stock 8 Common Equity + Ret E 67 Total Liabilities + Equity 173 Income Statement Sales (net) 212 CofGS 129 Gross profit 83 Other expense 51 Depr&Amort 9 Operating Income 23 Interest expense 3 Lease expense 2 PBT 18 Tax 6 PAT 12 1. Calculate New Gen's Balance Sheet Financial Leverage using LTD/Capitalization. (%) 2. Calculate New Gen's Operating Margin (%)

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