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a3_mt_217_unit_3_cp_financial_data.pdf

Assets

Cash and Cash Equivalents 2,500$ Sales 87,500$

Accounts Receivable 11,500 Cost of Goods Sold 81,813

Inventory 16,000 Depreciation Expense 1,531

Total Current Assets 30,000 Earnings Before -

Interest & Taxes (EBIT) 4,156

Fixed Assets Plant/Equipment 20,000 Interest Expense 1,375

Total Assets 50,000$ Earnings Before Taxes (EBT) 2,781

Taxes 973

Liabilities and Equity Net Income 1,808$

Accounts Payable 9,500

Short Term Note Payable 7,000

Accruals 5,500

Total Current Liabilities 22,000 Other data:

Long-term Debt 15,000 Shares outstanding (millions) 500

Total Debt 37,000 Common dividends $632.73

Year-end stock price $43.39

Owners Equity

Common Stock 2,000

Retained Earnings 11,000

Total Common Equity 13,000

Total Liabilities and Equity 50,000$

Kryloc, Inc. Financial Statements

MT 217 Unit 3 Challenge Problem

Kryloc Inc.

Balance Sheet

as of 12/31/2010

Kryloc Inc.

Income Statement

Period Ending 12/31/2010