BALANCE SHEET Cash A/R Inventories Total CA Gross FA Less: Deprec. Net FA Total Assets 2016E Sales COGS Other expenses Interest exp. EBT EBITDA Deprec. & amort. EBIT Taxes Net income 85,632 7,282 878,000 632,160 1,716,480 1,287,360 2,680,112 1,926,802 1,197,160 1,202,950 380,120 263,160 817,040 939,790 3,497,152 2,866,592 2015 2016E 7,035,600 5,875,992 550,000 609,608 116,960 492,648 70,008 422,640 169,056 253,584 Accts payable Accruals Notes payable Total CL Long-term debt Common stock Retained earnings Total Equity Total L & E 2015 6,034,000 5,528,000 519,988 (13,988) 116,960 (130,948) 136,012 (266,960) (106,784) (160,176) Liabilities and OE 2016E 436,800 408,000 300,000 400,000 1,721,176 231,176 2015 1,144,800 1,650,568 1,952,352 524,160 489,600 636,808 723,432 460,000 32,592 492,592 3,497,152 2,866,592
BALANCE SHEET Cash A/R Inventories Total CA Gross FA Less: Deprec. Net FA Total Assets 2016E Sales COGS Other expenses Interest exp. EBT EBITDA Deprec. & amort. EBIT Taxes Net income 85,632 7,282 878,000 632,160 1,716,480 1,287,360 2,680,112 1,926,802 1,197,160 1,202,950 380,120 263,160 817,040 939,790 3,497,152 2,866,592 2015 2016E 7,035,600 5,875,992 550,000 609,608 116,960 492,648 70,008 422,640 169,056 253,584 Accts payable Accruals Notes payable Total CL Long-term debt Common stock Retained earnings Total Equity Total L & E 2015 6,034,000 5,528,000 519,988 (13,988) 116,960 (130,948) 136,012 (266,960) (106,784) (160,176) Liabilities and OE 2016E 436,800 408,000 300,000 400,000 1,721,176 231,176 2015 1,144,800 1,650,568 1,952,352 524,160 489,600 636,808 723,432 460,000 32,592 492,592 3,497,152 2,866,592
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
What is D’Leon’s Forecasted Current Ratio for 2016?
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What is D’Leon’s Total Asset turnover for 2016?
What is D’Leon’s Debt-to-capital ratio for 2016? Answer in percentage form (Ex: if your formula gives you .28467 you would answer 28.47 without the "%").
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Transcribed Image Text:### Balance Sheet Analysis
**Assets**
- **2016E**
- Cash: 85,632
- Accounts Receivable (A/R): 878,000
- Inventories: 1,716,480
- Total Current Assets (CA): 2,680,112
- Gross Fixed Assets (FA): 1,197,160
- Less: Depreciation: 380,120
- Net Fixed Assets (FA): 817,040
- **Total Assets**: 3,497,152
- **2015**
- Cash: 7,282
- A/R: 632,160
- Inventories: 1,287,360
- Total CA: 1,926,802
- Gross FA: 1,202,950
- Less: Depreciation: 263,160
- Net FA: 939,790
- **Total Assets**: 2,866,592
**Liabilities and Owners' Equity (OE)**
- **2016E**
- Accounts Payable: 436,800
- Accruals: 408,000
- Notes Payable: 300,000
- **Total Current Liabilities (CL)**: 1,144,800
- Long-term Debt: 400,000
- Common Stock: 1,721,176
- Retained Earnings: 231,176
- **Total Equity**: 1,952,352
- **Total Liabilities & Equity (L & E)**: 3,497,152
- **2015**
- Accounts Payable: 524,160
- Accruals: 489,600
- Notes Payable: 636,808
- **Total CL**: 1,650,568
- Long-term Debt: 723,432
- Common Stock: 460,000
- Retained Earnings: 32,592
- **Total Equity**: 492,592
- **Total L & E**: 2,866,592
### Income Statement Analysis
- **2016E**
- Sales: 7,035,600
- Cost of Goods Sold (COGS):
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