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Celine

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51 views

Celine

Uploaded by

domitioo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 5

Income Statement ( the year ended 2024) 20%

Sales 100000

Costs 50000
Other expenses 10000

EBIT 40000
Interest Expense 10000

EBT 30000
Taxes 9000 30%

N.I 21000

DPS 0.84
EPS 2.1
Common St P 2.5

Balance Sheet 31 dec 2024

Assets

Cash 10000
Accounts Receivable 40000
Inventory 30000
Fixed Assets 120000

Total Assets 200000

Liabilities and owner's equity

Accounts Payable 40000


Notes Payable 20000
LTD 50000
C.S and ADPIC 40000
R.E 50000

Total Liab,owner's Equity 200000


Current Ratio = Current Assets / Current Liabilities

Debt Ratio = Debt / Total Assets

Max Current Liability = Current Assets / Current Ratio

Add Notes Payable = Max Current Liability - Total current Liability

Add LTD = Max Debt - Max C.L.

Common Stock =AFN - Add N.P - Add LTD

Adddd np + ldt *
Income Statement 2025

Costs 60000
Other Expenses 12000

EBIT 48000
Interest Expense 10000 5%

EBT 38000
Taxes 11400

N.I 26600

Div 84000

Balance Sheet 2025

Assets

Cash 12000
Accounts Receivable 48000
Inventory 36000
Fixed Assets 144000

Total Assets 240000

Liabilities and owner's equity

Accounts Payable 48000


N.P 20000
LTD 50000
C.S and ADPIC 40000
R.E 50000

Total Liab,owner's Equity 208000

AFN = Total Assets - Total Liab ,owner's Equity AFN 32000


Current Ratio 1.3

Debt Ratio 55%

208000

- Total current Liability


Income Statement ( second pass)

Costs 60000
Other Expenses 12000

EBIT 48000

New Interest = Interesy *5%(Add NP+ Add LTD)

New Div = DPS *(Add Shares+nb shares)

New NP = NP+Add NP

New RE = Re + add RE

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