Select information from ADINIKE Corporations financial statements is provided here. Balance Sheets as of December 31 2014
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Select information from ADINIKE Corporation’s financial statements is provided here.
Balance Sheets as of December 31 | 2014 | 2013 | |
Current Assets | 1,110,000 | 832,500 | |
Net Plant and Equipment | 2,590,000 | 2,497,500 | |
Total Assets | 3,700,000 | 3,330,000 | |
Accounts Payable | 185,000 | 199,800 | |
Notes Payable | 259,000 | 99,900 | |
Accruals | 111,000 | 233,100 | |
Long-Term Bonds | 962,000 | 799,200 | |
Total Common Equity | 2,183,000 | 1,998,000 | |
Total Liabilities & Equity | 3,700,000 | 3,330,000 | |
Income Statement as of December 31 | 2014 | ||
EBITDA | 1,110,000.0 | ||
Depreciation and Amortization | 129,500.0 | ||
Interest | 96,200.0 | ||
Taxes 40% | 353,720.0 | ||
Net Income | 530,580.0 | ||
Other Information | 2014 | ||
WACC | 27.40% | ||
Number of common shares outstanding | 37,000 | ||
Price per share | $88.50 |
What was 2014 MVA ?
Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
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