Question 1
Use these financial statements to answer all the questions on this quiz.
Balance Sheet
2006 2007 2006 2007
Cash $ 1,400 $ 2,300 Accounts payable $ 5,300 $ 4,700
Accounts receivable 4,100 4,300 Long-term debt 12,800 9,400
Inventory 8,400 7,600 Common stock 7,500 10,000
Net fixed assets 17,600 19,100 Retained earnings 5,900 9,200
Total assets $31,500 $33,300 Total liabilities and equity $31,500 $33,300
Income Statement
Net Sales $32,700
Costs 20,705
Depreciation 2,510
EBIT 9,485
Interest 1,000
Taxable income 8,485
Taxes 2,885
Net Income $ 5,600
What is the change in net working capital between 2006 and 2007?
300
900
8600
9500
Question 2
What is the net capital spending?
1010
1500
2510
4010
Question 3
What is the total amount of stockholders' equity for 2007?
9200
10000
19200
28600
Question 4
What is the amount of the non-cash expenses?
100
2510
2885
3510
Question 5
How much was paid out to shareholders in the form of dividends during 2007?
0
2300
3300
5600
Question 6
What is the amount of the operating cash flow?
3090
5600
8110
9110
Question 7
What is the cash flow from assets?
1800
3600
3800
4200
Question 8
What is the cash flow to creditors?
2400
4000
4400
5000
Question 9
What is the amount of the current assets for 2007?
5500
6600
13900
14200
Question 10
What is the amount of the cash flow to stockholders?
-3100
-200
2500
9100
