| You are given the following information about XYZ Corporation: | |||||||
| Account Name | Value | ||||||
| Accounts payable | 5800 | ||||||
| Accounts receivable | 10600 | ||||||
| Accumulated depreciation | 34000 | ||||||
| Cash | 17550 | ||||||
| Common stock (10,000 shares) | 46000 | ||||||
| Cost of goods sold | 6,750 | ||||||
| Depreciation expense | 600 | ||||||
| Earnings before taxes | ????? | ||||||
| General & admin expense | 950 | ||||||
| Gross buildings & equipment | 123000 | ||||||
| Gross profits | 27,250 | ||||||
| Interest expense | 4,300 | ||||||
| Inventories | 7500 | ||||||
| Long term debt | 56000 | ||||||
| Net buildings & equipment | 89000 | ||||||
| Net income | ????? | ||||||
| Operating income (EBIT) | ????? | ||||||
| Retained earnings | 16250 | ||||||
| Sales | 33,000 | ||||||
| Short term notes payable | 700 | ||||||
| Taxes @40% | 8,560 | ||||||
| Required: | |||||||
| Using the Data above, complete the following on the templates provided: | |||||||
| Part 1: Complete the Balance Sheet and Income Statement for XYZ Corporation | |||||||
| Part 2: Calculate the Ratios for XYZ Corporation | |||||||
| Part 3: Complete the Ratio analysis using Cross Sectional Analysis and Trend Analysis | |||||||
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