Sales $8,800 Less: Costs 5,000 Depreciation 900 EBIT 2,900 Less: Interest 350 EBT 2,550 Taxes 850 Net
Question:
Sales | $8,800 |
Less: Costs | 5,000 |
Depreciation | 900 |
EBIT | 2,900 |
Less: Interest | 350 |
EBT | 2,550 |
Taxes | 850 |
Net Income | $1,700 |
Bo Knows Profit Corporation
Balance Sheets for End of Years 2010, 2011
2011 | 2010 | 2011 | 2010 | ||
Cash | 110 | 170 | Accounts Payable | 120 | 135 |
Accounts Receivable | 700 | 500 | Notes Payable | 1,400 | 1,200 |
Inventory | 1,000 | 1,240 | Current Liabilities | 1,520 | 1,335 |
Current Assets | 1,810 | 1,910 | Long-term Debt | 2,620 | 2,005 |
Fixed Assets | 3,500 | 2,000 | Common Stock | 200 | 100 |
(50 shares) | |||||
Retained Earnings | 970 | 470 | |||
Total Assets | 5,310 | 3,910 | Total Liab. & Equity | 5,310 | 3,910 |
Financial Data:
1) Assume that sales will grow by 20%.
2) Accounts Receivable will represent 15% of sales.
3) Inventory is expected to be 20% of sales.
4) Bo Knows will purchase $500 in fixed assets and book $640 in depreciation.
5) All other spontaneous accounts will grow in proportion to sales.
6) Dividend is expected to remain constant. (Hint: you can find current dividend from historical data)
Given above Income Statement and Balance Sheet for Bo Know only, find the projected EBIT for 2012.
Question 1 options:
3,920 | |
3,540 | |
3,720 | |
1,968 | |
3,720 |
Question 2 (1 point)
1. Find the projected total assets for 2012
Question 2 options:
7,188 | |
5,488 | |
8,028 | |
6,988 | |
7,828 |
Question 3 (1 point)
2. Given above Income Statement and Balance Sheet for Bo Know only, forecast Bo Knows's 1st Pass additional funds needed (AFN) for the coming year.
Question 3 options:
607 | |
674 | |
1,168 | |
993 | |
975 |
Question 4 (1 point)
4. Find the projected addtion to Retained Earning of the second pass.
Question 4 options:
1,011 | |
644 | |
1,141 | |
661 | |
989 |
Question 5 (1 point)
5. Given above Income Statement and Balance Sheet for Bo Know only, forecast Bo Knows's 2nd Pass additional funds needed (AFN) for the coming year.
Question 5 options:
79 | |
-15 | |
35 | |
17 | |
39 |
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi