Balance Sheet as of December 31, 2014 2013 Cash and equivalents 37,000 44,400 Ac

Question

Balance Sheet as of December 31, 2014 2013 Cash and equivalents 37,000 44,400 Accounts Receivable 74,000 74,000 Inventories 55,500 35,520 Net Plant and Equipment 203,500 142,080 Total Assets 370,000 296,000 2014 2013 Accounts Payable 18,500 17,760 Notes Payable 25,900 8,880 Accruals 11,100 20,720 Long-Term Bonds 96,200 71,040 Common Stock 152,810 124,320 Retained Earnings 65,490 53,280 Total Liabilities & Equity 370,000 296,000 Income Statement as of December 31 2014 Net Sales 277,500.0 Operating Costs excluding depreciation and amortization 27,750.0 Depreciation and Amortization 13,875.0 Interest 20,812.5 Taxes 40% 86,025.0 Net Income 129,037.5 WACC 28.50% Balance Sheet as of December 31, 2014 2013 Cash and equivalents 37,000 44,400 Accounts Receivable 74,000 74,000 Inventories 55,500 35,520 Net Plant and Equipment 203,500 142,080 Total Assets 370,000 296,000 2014 2013 Accounts Payable 18,500 17,760 Notes Payable 25,900 8,880 Accruals 11,100 20,720 Long-Term Bonds 96,200 71,040 Common Stock 152,810 124,320 Retained Earnings 65,490 53,280 Total Liabilities & Equity 370,000 296,000 Income Statement as of December 31 2014 Net Sales 277,500.0 Operating Costs excluding depreciation and amortization 27,750.0 Depreciation and Amortization 13,875.0 Interest 20,812.5 Taxes 40% 86,025.0 Net Income 129,037.5 WACC 28.50%

Explanation / Answer

REquirement from question could not ascertained. Either reqiurement missing or incomplete details.

One thing as seems from question that there may be Cash Flow REquirement, but need some information not given in the question.

Cash flow Statement For the year 2014 Cash flow from operating activities: Net Income 129037 Add: Depreciation and amortization 13875 Increase in inventories -19980 Increase in accounts payable 740 increase in notes payable 17020 Decrease in accruals 9620 Cash flow from operating activities A 150312 Cash flow from investing activities: Increase in plant and equipment -61420 Cash flow from investing activities B -61420 Cash flow from financing operating: Increase in bonds 25160 Increase in common stock 28490 Addition in retained earning 12210 Dividend declared -116828 Cash flow from financing activities C -50968 Cash flow fro the year A+B+C 37924 Cash in the beginning 44400 Cash at the ending 82324

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