finance part 2
Using the following information, answer questions 1 to 10 on the foolscap provided. Show all calculations for full marks. 2019 2020 Sales $2,900 $3,300 Cost of Goods Sold 2,030 2,310 Interest 410 420 Dividends 56 79 Depreciation 290 330 Cash 250 150 Receivables 242 412 Current Liabilities 900 1,100 Inventory 1,015 900 Long-Term Debt 3,200 3,100 Net Fixed Assets 6,000 5,700 Tax Rate 40% 40% What are the earnings before interest and taxes for 2020? What is the net income for 2020? What is the operating cash flow for 2019 and 2020? What is the change in net working capital for 2020 from 2019? What is the cash flow to creditors for 2020? What is net capital spending for 2020? What is the current ratio for 2020? What is the quick ratio for 2020? What is the inventory turnover for 2020? What is the debt-equity ratio for 2020? Complete a common-size income statement for 2020 based on the percentage of sales approach. Be sure to include dividends and retained earnings percentages.
