Using the Tables, listed 1-6. Answer the questions on the last page, with all formulas and work.

Part B. This problem is assigned 15 points. Please answer each question. You are hired by KKP to decide whether it is worthwhile to purchase a private firm, IDEKO Corporation. The following table shows the financial information for IDEKO Corporation. 2016 Income Statement and Balance Sheet Data for IDEKO Corporation. Year 2016 Year 2016 Income Statement (S 000) Balance Sheet (S 000) 1 Sales 12,000.00 Assets 2 Cost of Goods Sold l Cash and Equivalents 10,000 3 Raw Materials 600.00) 2 Accounts Receivable 4,000 4 Direct Labor Costs 1,800.00 3 Inventories 5,000 s Gross Profit 8,600.00 4 Total Current Assets 6 Sales and Marketin 800.00) 5 Property, Plant, and Equipment 7 Administrative (2,160.00) 6 Goodwill 19,000 6,000 8 EBITDA 4,640.00 7 Total Assets 25,000 9 Depreciation (600.00) Liabilities and Stockholder's Equity 10 EBIT 4,040.00 8 Accounts payable 2,000 11 Interest Expense (net 00.00 9 Debt 12 Pre-tax Income 3,940.00 2,000 10 Total Liabilities 4,000 13 Income Tax (1,379.00) 11 Stockholder's Equity 14 Net Income 2,561.00 12 Total Liabilities and Equity 21,000 25,000