20Y8 20Y7 20Υ6 20YS 20Υ4 $ 800,000 $ 273,406 $ 367,976 $ 631,176 $ 884,000 616,047 31,749 4,417,178 Net income Interest expense 572,003 528,165 495,000 440,000 Income tax expense 53,560 106,720 160,000 200,000 Total assets (ending balance) Total stockholders' equity (ending balance) Average total assets Average total stockholders' equity 3,569,855 4,124,350 3,732,443 3,338,500 2,750,000 3,706,557 3,433,152 3,065,176 2,434,000 1,550,000 4,270,764 3,928,396 3,535,472 3,044,250 2,475,000 3,249,164 2,749,588 1,992,000 1,150,000 20Y4-20Y8 Return on total assets 28% Return on stockholders' equity 18% Times interest earned 2.7 Ratio of liabilities to stockholders' equity 0.4

NOPAT 8250000 EBITDA 17725000 Net Income 5050000 Capital Expenditures 6820000 After tax capital costs 6820000 Tax rate 40%Calculate the interest expense and EVA

Petty cash fund Accrued expenses Prepaid expenses Accumulated depreciation-Equipment 112,000 50,000 25,000 Test II The following accounts were taken from the books of Narnia Company for the year ended December 1, 2021. Accounts receivable 23,000 135,000 110,000 20,000 1,650,000 66,000 Freight in Equipment Depreciation expense Sales 52,000 Repairs and maintenace expense The inventory on December 31, 2021 was P 180,000. wwwwwwww Purchases 400,000 25,000 50,000 30,000 120,000 150,000 200,000 300,000 350,000 100,000 Freight out Marketable securities Compute for the following: 1. Working capital= Current assets – Current liabilities Cash Patents 2. Current ratio= Current assets/ Current liabilities Purchases Office supplies Furnitures and Fixtures 3. Quick ratio= Cash, Marketable securities, Accounts receivable Current liabilities Merchandise inventory Dec. 1, 2021 Copyrights Land 4. Receivable turn over= Credit sales/ Average receivable 800,000 950,000 25,000 5. Average collection period=…

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