Figuroa Corp Balance Sheet FYE 12/31/2015 Assets: 2015 2014 Current Assets Cash 13407 6135 Accounts Receivable 30915 28419 Inventory 56295 51163 Total Current Assets 100617 85717 Property Plant and Equipment 525000 475000 Less Accumulated Depreciation' -167440 -148544 Net Property Plant and Equipment 357560 326456 Total Assets 458177 412173 Liabilities and Owners Equity Current Liabilities Accounts Payable 48185 45166 Notes payable 18257 17773 Total Current Liabilities 66442 62939 Long Term Debt 39000 44000 Total Liabilities 105442 106939 Owners Equity Common Stock & Paid in Capital 50000 45000 Retained Earnings 302735 260234 Total Owners Equity 352735 305234 Total Debt and O/E 458177 412173 Figuroa Corp Income Statement FYE 12/31/2015 Sales 925000 Cost of Goods Sold 735000 Depreciation 18896 Fixed Costs 45000 Earnings Before Interest and Taxes 126104 Interest 3500 Taxable Income 122604 Income Tax 22604 Net Income 100000 Dividends Paid 57499 Additions to Retained earnings 42501 For the Financial Statements above, compute the Operating Cash Flow, Cash Flow from Assets, Cash Flow to Creditors and Cash Flow to Stockholders for FYE 2016 2.) For the Financial Statements above identify each relevant item as a Source or Use of Cash. Prepare an analysis to determine the net change in cash between 2014 and 2015. 3.) For the financial statements above, determine the following ratios: Accounts Receivable Turnover, Day Sales in Inventory , Debt /Equity Ratio, Current Ratio, and the Equity Multiplier 4.) Assume you are going to buy a car. The price of the car is $40,000. The finance company requires a 20% down payment and will finance the car at 7.25 %/annum for 5 years with the first payment on the car due one month from Delivery. What is the monthly payment on the car? What is the Effective Annual Interest Rate on the Loan? 5.) Find the Present Value and Net Present Value of the following cash flows using 12% as a discount rate CF 0 -425000 CF1 85000 CF2 85000 CF3 75000 CF4 65000 CF5 75000 CF6 75000 CF7 95000 CF8 95000 CF9 95000 CF10 95000 ...

1. Figuroa
Corp
Balance Sheet
FYE 12/31/2015
Assets:
2015
2014
Current Assets
Cash
13407
6135
Accounts Receivable
30915
28419
Inventory
56295
51163
Total Current Assets
100617

2. 85717
Property Plant and Equipment
525000
475000
Less Accumulated Depreciation'
-167440
-148544
Net Property Plant and Equipment
357560
326456
Total Assets
458177
412173
Liabilities and Owners Equity
Current Liabilities
Accounts Payable
48185

3. 45166
Notes payable
18257
17773
Total Current Liabilities
66442
62939
Long Term Debt
39000
44000
Total Liabilities
105442
106939
Owners Equity
Common Stock &
Paid in Capital
50000

4. 45000
Retained Earnings
302735
260234
Total Owners Equity
352735
305234
Total Debt and O/E
458177
412173
Figuroa
Corp
Income Statement
FYE 12/31/2015

5. Sales
925000
Cost of Goods Sold
735000
Depreciation
18896
Fixed Costs
45000
Earnings Before Interest and Taxes
126104
Interest
3500
Taxable Income
122604
Income Tax
22604
Net Income
100000

6. Dividends Paid
57499
Additions to Retained earnings
42501
For the Financial Statements above, compute the Operating
Cash Flow, Cash Flow from Assets, Cash Flow to Creditors and
Cash Flow to Stockholders for FYE 2016
2.) For the Financial Statements above identify
each relevant item as a Source
or Use of Cash. Prepare an analysis to determine the net change
in cash between 2014 and 2015.

7. 3.) For the financial statements above, determine the following
ratios: Accounts Receivable Turnover, Day Sales in Inventory
, Debt
/Equity Ratio, Current Ratio, and the Equity Multiplier
4.) Assume you are going to buy a car. The price of the car is
$40,000. The finance company requires a 20% down payment
and will finance the car
at 7.25
%/annum for 5 years with the first payment on the car due one
month from Delivery. What is the monthly payment on the car?
What is the Effective Annual Interest Rate on the Loan?
5.)

8. Find the Present Value and Net Present Value of the following
cash flows using 12% as a discount rate
CF 0
-425000
CF1
85000
CF2
85000
CF3
75000
CF4
65000
CF5
75000
CF6
75000
CF7
95000
CF8
95000
CF9
95000
CF10
95000