Question 1
The following information should be used for questions #1 through #7:
Jersies, Inc financial statement data.
|
|
2009
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2010
|
|
Sales
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$ 2,775
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$ 5,050
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|
COGS
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$ 1,548
|
$ 2,570
|
|
Interest
|
$ 104
|
$ 240
|
|
Dividends
|
$ 78
|
$ 520
|
|
Depreciation
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$ 750
|
$ 1,440
|
|
Cash
|
$ 403
|
$ 578
|
|
Accounts receivables
|
$ 1,689
|
$ 2,110
|
|
Current liabilities
|
$ 1,229
|
$ 3,944
|
|
Inventory
|
$ 3,000
|
$ 3,740
|
|
Long-term debt
|
$ 5,633
|
$ 7,960
|
|
Net fixed assets
|
$ 4,020
|
$ 6,826
|
|
Common stock
|
$ 2,250
|
$ 1,350
|
|
Tax rate
|
35%
|
35%
|
What is the change in net working capital from 2009 to 2010?
Question 2
What is net capital spending for 2010?
Question 3
What is the operating cash flow for 2010?
Question 4
What is the cash flow from assets for 2010?
Question 5
What is net new borrowing for 2010?
Question 6
What is the cash flow to creditors for 2010?
Question 7
What is the cash flow to stockholders for 2010?
Question 8
Stewart Enterprises spent $10,000 to purchase farming equipment 5 years ago. This equipment is currently valued at $2,000 on today's balance sheet but could actually be sold for $4,500. Current assets total $3,700, current liabilities total $1,200 and long-term debt is $2,800. What is the book value of shareholders' equity?
Question 9
A firm has net working capital of -$800. Long-term debt is $15,400, total assets are $24,800 and fixed assets are $19,100. What is the amount of the total liabilities?
Question 10
A firm has $700 in inventory, $600 in fixed assets, $600 in accounts receivables, $800 in accounts payable, and $50 in cash. What is the amount of the current assets?
Question 11
A firm has sales of $6,500, net income of $500, total assets of $12,000, and total equity of $700. Interest expense is $1000. What is the common-size statement value of the interest expense? (express in percent)
Question 12
Elaine's Spa has cash of $50, accounts receivable of $60, accounts payable of $200, inventory of $150 and accrued expenses of $100. What is the value of the quick ratio?
Question 13
A firm has a debt-equity ratio of 2.0 What is the total debt ratio? (express in %)
Question 14
A firm has total debt of $1,200 and a debt-equity ratio of 0.5. What is the value of the total assets?
Question 15
Lee Sun's has sales of $6,000, total assets of $5,000, and a profit margin of 10 percent. The firm has a total debt ratio of 40 percent. What is the return on equity? (express in %)
Question 16
Jupiter Explorers has $6,400 in sales. The profit margin is 5 percent. There are 4,400 shares of stock outstanding. The market price per share is $5.20. What is the firm's earnings per share?
Question 17
Kingston Retailers financed 80% of its assets using debt. If the firm reports earnings of $10million and it has $35million worth of equity, what is the firm's return on assets? (express in %)