16
Dr. Kevin Bracker, Dr. Fang Lin and Jennifer Pursley
Income Statement
2016 | 2017 | |
---|---|---|
Sales | 15,000,000 | 20,000,000 |
COGS | 6,000,000 | 11,000,000 |
S&A Expenses | 3,000,000 | 3,500,000 |
Depreciation | 2,000,000 | 2,500,000 |
EBIT (Operating Income) | 4,000,000 | 3,000,000 |
Taxes (30%) | 900,000 | 450,000 |
Net Income | 2,100,000 | 1,050,000 |
Number of Shares | 2,000,000 | 2,000,000 |
EPS | $1.05 | $0.525 |
Dividends per Share | $0.50 | $0.50 |
Stock Price | $25.00 | $17.50 |
Balance Sheet
2016 | 2017 | |
---|---|---|
Cash | 3,000,000 | 3.,050,000 |
A/R | 2,000,000 | 4,000,000 |
Inv. | 2,000,000 | 4,000,000 |
Cur. Assets | 7,000,000 | 11,050,000 |
Net Prop, Plant & Equip | 10,000,000 | 11,000,000 |
Total Assets | 17,000,000 | 22,050,000 |
A/P | 2,500,000 | 3,500,000 |
Accruals | 1,500,000 | 2,000,000 |
Notes Payable | 500,000 | 1,500,000 |
Cur. Liabilities | 4,500,000 | 7,000,000 |
Long-Term Debt | 5,500,000 | 8,000,000 |
Total Liabilities | 10,000,000 | 15,000,000 |
Common Stock | 1,000,000 | 1,000,000 |
Retained Earnings | 6,000,000 | 6,050,000 |
Owners Equity | 7,000,000 | 7,050,000 |
Tot. Liab. & O.E. | 17,000,000 | 22,050,000 |