CHAPTER 9 financial statements

... Equity 2004: $557, 632 MVA04 = $600,000 - $557, 632 = $42 ,36 8 MVA 03 = $850,000 - $6 63, 768 = $186, 232 3 - 28 Key Features of the Tax Code  Corporate Taxes  Individual Taxes - 29 20 03 Corporate Tax ... 3- 2 Income Statement 20 03 2004 Sales 5, 834 ,400 COGS 4,980,000 Other expenses 720,000 Deprec 116,960 Tot op costs 5,816,960 3, 432 ,000 2,864,000 34 0,000 18,900 3, 222,...

Ngày tải lên: 30/10/2014, 08:23

... rates • Know how to determine a firm’s cash flow from its financial statements 2- 2 Chapter Outline • • • • The Balance Sheet The Income Statement Taxes Cash Flow 2- 3 Balance Sheet • The balance sheet ... Balance Sheet and Income Statement Information • Current Accounts – 20 09: CA = 3 625 ; CL = 1787 – 20 08: CA = 3596; CL = 21 40 • Fixed Assets and Depreciation –...

Ngày tải lên: 06/03/2015, 15:20

... DEP and AMORT, but OCF would go up by DEP and AMORT, so the net change to OCF would be: DEP and AMORT – (DEP and AMORT)(1 - T) = DEP and AMORT – (DEP and AMORT) + (DEP and AMORT)(T) = (DEP and ... declined The company had an increase in its noncash revenues Statements a and b are correct Statements b and c are correct Net cash flow, free cash flow, and cash Diff: E...

Ngày tải lên: 22/11/2016, 11:01

... = kp – kp (1 – 0.7)(T) = 9% - 9% (0.3)(0.4) A-T kd = 10% - 10% (0.4) = 7 .92 % = 6.00% A-T Risk Premium on Preferred = 1 .92 % 9- 1 5 Component cost of equity WACC = wdkd(1-T) + wpkp + wcks ks is the ... = 14.2% 9- 1 9 If D0 = $4. 19, P0 = $50, and g = 5%, what’s the cost of common equity based upon the DCF approach? D1 = D0 (1+g) D1 = $4. 19 (1 + 05) D1 = $4. 399 5 ks = D1 / P...

Ngày tải lên: 04/07/2014, 20:21

... the distributions and Spearman correlations 134 FINANCIAL MODELING WITH CRYSTAL BALL AND EXCEL TABLE 9. 3 Spearman correlation matrix for annual total returns during the period 192 6–2002 for four ... sustainable retirement withdrawal is determined by limiting the probability of running out of funds to some specified level, such as 136 FINANCIAL MODELING WITH CRYSTAL...

Ngày tải lên: 05/07/2014, 18:20

... According to the Environmental Protection Agency ( 199 6), pollution concentrations for all of the six major air pollutants have declined as follows between 198 7 and 199 6: • • • • • • 9. 3 Ozone decreased ... prescribe a federal implementation plan (FIP) for the state (Clean Air, 199 0) 9. 5 THE 199 0 CLEAN AIR ACT AMENDMENTS In late 199 0, Congress passed the Clean Air Amendments that...

Ngày tải lên: 11/08/2014, 04:20

... Total CA 2,256 1,675 LT Debt 8 43 1,091 Net FA 3, 138 3, 358 C/S 2,556 2,167 Total Assets 5 ,39 4 5, 033 Total Liab & Equity 5 ,39 4 5, 033 Numbers in millions of dollars 3- 4 Sample Income Statement Revenues ... Financial Statement Information 3- 3 Sample Balance Sheet 2009 2008 2009 2008 Cash 696 58 A/P 30 7 30 3 A/R 956 992 N/P 26 119 Inventory 30 1 36 1 Other CL 1,662 1 ,35 3 O...

Ngày tải lên: 06/03/2015, 15:32

... have a higher net income than Company B All of the statements above are correct None of the statements above is correct Chapter - Page Financial statement analysis 12 Company A has a higher Company ... earning power ratio d All of the statements above are correct e Statements a and c are correct Financial statement analysis 22 Answer: a Diff: M Which of the following...

Ngày tải lên: 22/11/2016, 11:01

... Preview of Chapter Financial Accounting Seventh Edition Kimmel Weygandt Kieso 1-4 Forms Forms of of Business Business Organization Organization 1-5 LO Describe the primary forms of business organization ... INTRODUCTION TO FINANCIAL STATEMENTS 1-2 Financial Accounting, Seventh Edition Learning Learning Objectives Objectives After studying this chapter, you should be abl...

Ngày tải lên: 24/11/2016, 14:35

... Financial Financial Statements Statements Ratio Analysis  Ratio analysis expresses the relationship among selected items of financial statement data  A ratio expresses the mathematical relationship ... the the Financial Financial Statements Statements Illustration 2-9 Financial ratio classifications 2-23 LO Identify tools for analyzing financial statements and ratios...

Ngày tải lên: 24/11/2016, 14:35

... INTRODUCTION TO FINANCIAL STATEMENTS 1-2 Financial Accounting, Seventh Edition Learning Learning Objectives Objectives After studying this chapter, you should be able to: 1-3 Describe ... includes: 1-32  Financial statements  Management discussion and analysis  Notes to the financial statements  Auditor's report LO Describe the components that supplement the financ...

Ngày tải lên: 01/12/2016, 14:33

... Page 179 Chapter 9: Working with Selections and Selection Layers You can also take any visible selection layers you have and add them to or subtract them from an existing image layer selection ... you switch selection layers 14_129869 ch09.qxp 11/29/07 11:57 AM Page 181 Chapter 9: Working with Selections and Selection Layers Figure 9-25: Use the Qu...

Ngày tải lên: 27/08/2012, 14:31

... requirements of MIL-E-5400, class and MILK- 392 6 specifications Applications were seen in counter and reset switches and controls for machines and machine tools, radar systems, and precision potentiometers ... springs until they reach the “clutch-in” speed Fig Cam and Roller Clutch: This over-running clutch is better suited for higher-speed free-wheeling than a pawl -and- ratchet...

Ngày tải lên: 22/10/2012, 14:26