1. given below, as of December 31, 2009.
Accounts payable
$141,000
Accounts receivable
$103,000
Cash and cash equivalents
$154,000
CoGS
$224,700
Common Stock
$1,286,000
Depreciation
$37,000
Dividend payout ratio
40%
Interest paid
$43,000
Inventory
$129,000
Long-term debt
$1,254,000
Net Fixed Assets
$2,530,000
Sales
$330,000
Short-term debt
$132,000
Tax rate
35%
Number of shares
1,000,000
Price per share
$0.50
2. Obtain the following numbers from the income statement and balance sheet:
(i) Total Current Assets
(ii) Total Current Liabilities
(iii) Retained Earnings
(iv) Total Owners’ Equity
(v) Total Assets
(vi) Earnings before depreciation, interest and taxes (EBDIT)
(vii) Earnings before interest and taxes (EBIT)
(viii) Dividends
(ix) Addition to Retained Earnings
