| WORKSHEET FOR AMEXICORP, INC. |
| | (a) | | (b) |
| Sales revenue | $400,000,000 | | $400,000,000 |
| Cost of goods sold | 150,000,000 | | 150,000,000 |
| | - | | - |
| Gross profit | 250,000,000 | | 250,000,000 |
| Selling and administrative expenses | 100,000,000 | | 100,000,000 |
| | - | | - |
| EBITDA | 150,000,000 | | 150,000,000 |
| Depreciation expense | 0 | | 0 |
| | - | | - |
| | 150,000,000 | | 150,000,000 |
| Interest expense | 100,000,000 | | 100,000,000 |
| Capital gain (loss) |
| Dividend income | 10,000,000 | | 10,000,000 |
| Exempt portion |
| | - | | - |
| Total income (including dividend income) | | | 60,000,000 |
| Taxable income (excluding exempt income) | 0 |
| Taxes paid | | | 0 |
| | - | | - |
| Earnings after taxes | 0 | | 60,000,000 |
| Preferred stock dividends | 10,000,000 | | 10,000,000 |
| | - | | - |
| Earnings available for common stockholders | ($10,000,000) |
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cfm2a08p.xls
