Question

The goal is to calculate the boxes that is highlighted

Font Clipboard N1 Alio Alignment Balance Sheet e Current Assets Cash Marketable Securities Accs Receivable Promissory Notes Inventory.raw material, goods in process & Finsihed goods TIL Current Assets 5.000.00 45,000.00 30,000.00 15,000.00 Income Statement Income Sales Revenue $ 195,000.00 Returns & Allowances $ 13,500.00 Investment Income $ 45,000.00 Net Kevcu 20,000.00 10 Non-Current Assets Plant & Equipment Bldg & Land Depreciation 14 TIL Non-Current Assets penses Directly related to Production Beg Inventory $ 12,000.00 New Purchase $ 124,000.00 Returns & Allowances (2,200.00 End Inventory $ 17.800.00 6,000,000.00 3,500,000.00 13 CS 16 Miscel Adjustment 11 TTL Assets L'nrelated to Production Rent $10,000.00 Utility $ 500.00 Salaries $ 25,000.00 Depreciation R&D Expense $ 4.875.000 2.50% Marketing $ 2.925.00 2 1.505 50,000.00 15,000.00 Current Liab Aces Payable Notes Payble Interest PMT Dooruals - wages, interests, taxes TTL Current Liab 2.50% 36,000.00 Oper Expenses Oper Income (EBIT) 83%9BBS Non-Current Liab Bonds Payble Mortgage 23 TTL Non-Current Liab 2,250,000.00 3,500,000.00 Interest Taxable Income (EBT) 1 uxes Xct Income (EAT or 31 TTL Liabilities 32 Equity Probler #1 Ready $4,000,000.00 Problem Problem32

Answer 1

Balance Sheet
Current Assets
Cash	5000
Marketable Securities	45000
Accs Receivable	30000
Promissory Notes	15000
Inventory	20000
TTL Current Assets		115000
Non Current Assets
Plant & Equipment	6000000
Building & Land	3500000
Depreciation @ 6.67%	-633650		(assuming 6.67% on both assets)
TTL Non Current Assets		8866350
Miscell Adjustments		1013400
Total Assets		9994750
Current Liab
Accs Payable	50000
Notes Payable	15000
Interest PMT @ 2.50%	56250		(Assuming 2.5% on Bonds Payable)
Accruals (wages etc.)	36000
TTL Current Liab		157250
Non Current Liab
Bonds Payable	2250000
Mortgage	3500000
TTL Non Current Liab		5750000
Total Liabilities		5907250
Equity		4000000	(Assuming current loss is adjusted)
Total Equity and Liabilities		9907250

Income Statement
Sales Revenue	195,000
Returns and Allowances	(3,500)
Investment Income	45,000
Net Revenue		236,500
Expenses
Directly related to production
Beg Inventory	12,000
New Purchase	124,000
Returns and Allowances	(2,200)
End Inventory	(17,800)
CGS		116,000
Unrelated to production
Rent	10,000
Utility	1,500
Salaries	25,000
Depreciation	633,650
R&D Expense	4,875
Marketing	2,925
Operating Expenses		677,950
Operating Expenses		793,950
Operating Income (EBIT)		(557,450)
Interest		56,250
Taxable Income (EBT)		(613,700)
Taxes @ 35%		-
Net Income (EAT)		(613,700)