Table I Quickfix Autoparts Balance Sheet 1997 ASSETS Cash and marketable securities Accounts receivable Inventory Current assets Land, buildings, plant, and equipment Accumulated depreciation 1998 1999 2000 2001 $155,000 10,000 250,000 $415,000 $250,000 (25,000) $309,099 12,000 270,000 $591,099 $250,000 (50,000) $75,948 20,000 500,000 $595,948 $500,000 (100,000) $28,826 77,653 520,000 $626,480 $500,000 (150,00 $18,425 90,078 560,000 $668,503 $500,000 Total assets $640,000 $791,099 $995,948 $976,480 $968,503 1 50,000 LIABILITIES AND EQUITIES short-term bank loans Accounts payable Accruals Current liabilities Long-term bank loans owe Long-term debt Total liabilities Common stock (100,000 shares) Retained sugar Total equity Total liabilities and equity $150,000 10,000 5,000 $65,000 63,366 $100,000 175,000 $238,366 $303,366 $320,000 16,634 $336,634 $640,000 $145,000 10,506 5,100 $160,606 $98,000 173,000 $271,000 $431,606 $320,000 39,493 $359,493 $791,099 $140,000 19,998 7,331 $167,329 $196,000 271,000 $467,000 $634,329 $320,000 41,619 $361,619 $995,948 $148,000 15,995 9,301 $173,296 $190,000 268,000 $458,000 $631,296 $320,000 25,184 $345,184 $976,480 $148,000 16,795 11,626 $176,421 $183,000 264,000 $447,000 $623,421 $320,000 25,082 $345,082 $968,503 2 Table II Quickfix Autoparts Income Statement 1997 Net sales Cost of goods sold everlasting(a) profit Admin and selling exp Depreciation Miscellaneous expenses Total in operation(p) exp EBIT Interest on ST loans Interest on LT loans Interest on mortgage Total interest Before-tax earnings Taxes Net income Dividends on stock Additions to retained earnings EPS (100,000 shares) $600,000 480,000 $120,000 $30,000 25,000 2,027 $57,027 $62,973 $15,000 8,000 12,250 $35,250 $27,723 11,089... If you want to get a full essay, order it on our website: Orderessay
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