homework

BK Enterprises

Statement of Cash Flows

For the Years Ended December 31, 2012, 2011, and 2010

                                                                                               2012          2011           2010

Net income                $5,800        $3,300        $800

Adjustments to reconcile net income

to net cash provided by (used for)

operating activities:

Depreciation                  1,200              520         380

Loss on sale of bus.assets   10                0              305

Changes in assets and liabilities:

 Accounts receivable      (490)             (375)      (135)

 Inventory                   (6,900)          (2,600)     (1,700)

 Other current assets       410             (495)      (160)        

Accounts pay & accr. exp.  1,300            570          1,100            

Net cash provided 
by operating activities    $1,330           $920        $590            

Cash flows from investing activities:

Capital expenditures        (740)              (1,100)       (550)

Sales of equipment            0                       10       2,020

Net cash used by
investing activities         ($740)           ($1,090)    $1,470

Cash flows from financing activities:               

Exercise of stock options       2,000             380                  0

Capital lease obligations         0                    0               (250)

Payments on mortgage          0                     0            (1,800)

Net cash (used) provided by financing

activities                         $2,000                $380       ($2,050)

Net increase (decrease) in cash   
                                     $2,590          $210              $10    

Cash at beginning of period                    
                                   900                730                400    

            a. Property, plant and equipment

            b. Current maturities of long-term debt

            c. Inventories

            d. Accounts receivable

            e. Common stock

            f. Short-term debt

            g. Accounts payable

            h. Net income

            i. Accumulated depreciation

            j. Dividends

Use the following selected financial data for Crazy A Corporation to answer questions 14-18.

Net sales                                                            $500,000

Cost of goods sold                                         300,000

Operating expenses                                       100,000

Net income                                                    30,000

Total assets                                                  180,000

Total liabilities                                               120,000

Cash flow from operating activities                    10,000

14. Crazy A’s debt ratio is:

15. Crazy A’s cash flow margin is:

16. Crazy A’s operating profit margin is:

17. Crazy A’s return on equity is:

18.  Crazy A’s net profit margin is:

Please provide your answer for each question.