DATA

sales grow by 6% INCOME STATEMENT 2013

interest rate is 11% sales 455150
dividend grow at 8% expenses (ex dep. & ammortization) 386878
depreciation and ammortization 14565
EBIT 53707
interest expense on LTD 11880
interest expense on line of credit 0
EBT 41827
taxes (40%) 16731
net income 25096
common dividends (regular dividend) 12554
special dividends
ratios 2014 BALANCE SHEET 2013 ratios 2014
482459 ASSETS
0.85 410091 cash 18206 0.04 19298
0.08 15439 accounts receivables 100133 0.22 106141
56929 inventories 45515 0.1 48246
13200 total current assets 163854 173685
0 fixed assets 182060 0.4 192984
43729 total assets 345914 366669
17492
26238 LIABILITIES AND EQUITY
13558 accounts payable 31861 0.07 33773
acuurals 27309 0.06 28948
line of credit 0 0
total current liabilties 59170 62721
LTD 120000 120000
total liabilties 179170 182721
common stock 60000 60000
retained earnings 106745 119424
total common equity 166745 179424

total liabilties and equity 345915 362145

increase in assets 20755

increase in liabilities 3551
change in common equity 12679
AFN 4525
 33773
28948
4525
67246
120000
187246
60000
119424
179424

366670