FIN 534: XYZ Corporation

You are given the following information about XYZ Corporation:

Account Name

Value

Accounts payable

5800

Accounts receivable

10600

Accumulated depreciation

34000

Cash

17550

Common stock (10,000 shares)

46000

Cost of goods sold

6,750

Depreciation expense

600

Earnings before taxes

?????

General & admin expense

950

Gross buildings & equipment

123000

Gross profits

27,250

Interest expense

4,300

Inventories

7500

Long-term debt

56000

Net buildings & equipment

89000

Net income

?????

Operating income (EBIT)

?????

Retained earnings

16250

Sales

33,000

Short-term notes payable

700

Taxes @40%

8,560

Required:

Using the Data above, complete the following on the templates provided:

Part 1: Complete the Balance Sheet and Income Statement for XYZ Corporation

Part 2: Calculate the Ratios for XYZ Corporation

Part 3: Complete the Ratio analysis using Cross-Sectional Analysis and Trend Analysis