ITTIHAD UNIVERSITY, COLLEGE OF MANAGEMENT AND INFORMATION

SYSTEMS
Student Name: Zubaidah Abdul Rehman Al Din, 20042080
Course: Business Finance
Answer Question 5):
Section 1):
Taco Swell Inc.
Balance sheet as of 2006
Assets Amount Liabilities Amount
Cash 2528 Accounts payable 2656
Accounts receivables 33! Short"ter# notes payable 88
Inventory 5$5% &on'"ter# (ebt 86!
)et fi*e( assets 2%2+3 ,-uity .TA / T&0 2%%8
Total Assets 33029 33029
Taco Swell Inc.
Balance sheet as of 2007
Assets Amount Liabilities Amount
Cash 26$ Accounts payable 2683
Accounts receivables 3$28 Short"ter# notes payable !8
Inventory 63!+ &on'"ter# (ebt %+2$+
)et fi*e( assets 226% ,-uity .TA / T&0 22%55
Total Assets 35606 35606
Inco#e State#ent 2007
%0 Sales 53$+
20 Cost of 'oo(s %$6%
30 1epreciation !23
0 2ther e*penses 33
50 Interest 386
60 ,arnin's before interest an( ta*es 2363 .Ite# % to 5 #inus0
!0 Ta*able Inco#e %$!!
80 Ta*es 6!2.%8 .Ite# ! 3 340
$0 )et inco#e %3+.82 .Ite# !"80
%+0 1ivi(en(s 6!
%%0 A((ition to retaine( earnin's 63+.82 .Ite# $"%+0
Taco Sawell Inc. Finance Exercie !a"e # o$ %
ITTIHAD UNIVERSITY, COLLEGE OF MANAGEMENT AND INFORMATION
SYSTEMS
Student Name: Zubaidah Abdul Rehman Al Din, 20042080
Course: Business Finance
Section 2):
Cash flow fro# assets
%0 2peratin' cash flow
5 2363 6 !23 / 6!2.%8
5 2%2.82
20 Capital spen(in'
5 226% / 2%2+3 6 !23
5 2%3
30 Chan'e in net wor7in' capital
5 %2$$2 / 3%6% 5 $83%
Cash 2694 Accounts payable 2683
Accounts receivables 3928 Short-term notes payable 478
Inventory 6370 36
2992
5 %%826 / 3% 5 8682
Cash 2!28 Accounts payable 26!6
Accounts receivables 3347 Short-term notes payable 488
Inventory !9!
826 344
5 $83% " 8682
5 %%$
8I)A& Cash flow fro# assets
5 2%2.82 / 2%3 " %%$
5 "8!+.%8
Cash flow fro# cre(itors
5 386 " %823
5 "%3!
Cash flow fro# stoc7hol(ers
5 6! " !3!
5 "63
Cash flow fro# assets Cash flow fro# cre(itors Cash flow fro# stoc7hol(ers
Taco Sawell Inc. Finance Exercie !a"e % o$ %