GROUP ASSIGNMENTS (DEADLINE: 12/08/2021)

Note: students need to submit the group work in excel file with the name OFIN1_GROUPnumber
(students need to have one separate worksheet providing group member’s full name and
percentage of member’s contribution).

Given the following information of RISING_STAR company (unit: 1000 USD)

RISING_STAR company was incorporated in the first of June 2020. Money was raised at that time with
total $1000 which include 30% from bank loan, 30% from corporate bond and the rest from its own
money. The company business is selling laptop. Total equipment costs $600. The company has 150
laptops with total value of $300 and $100 in cash.

The maturity of bank loan and corporate bond are 3 years and 5 years respectively. Lending rate is 9%
and coupon rate is 12%. Assume the laptops bought at 01/06/2020 are identical and have the same cost.
Corporate tax rate is 23%. Duration of the equipment is 5-year.

GROUP 1:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

1. The company start its operations on June 1st, 2020. Over the period, it sells 50 laptop for $400.

• The company invited Son Tung MTP to perform on its Grand Opening Day and paid him $10.
Other decoration costs for that day were $5 and they gave customers gifts with the total value
of $3.

• On Dec 31, it decides to replenish its stock of laptop with 40 laptops more. The fuels and other
operating costs are $1,5.

• All income and expenses are paid cash (no credit on sale)

2. Given that the company applies equal depreciation. Customers bought laptop with $320 in cash
and $80 on credit. However, $24 are collected from $80 before December 2020. In addition,
50% of the tax will be paid in the first quarter next year and so does 10% of the equipment
costs. The company decides to pay 20% dividend in cash.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

3. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $45 each and replenishes 400 new type laptops with the imported price are twice
more expensive than the 2020 version. From the beginning of April, it decides to open a new
store in Cach Mang Thang Tam with $10 rent each month. New equipment for this store is $700.
The new store will be financed 80% from the bank and 20% its own money.

4. Using DuPont analysis to analyze the performance of the company.

GROUP 2:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

1 The company start its operations on June 1st, 2020. Over the period, it sells 60 laptop for $400.

• The company invited Son Tung MTP to perform on its Grand Opening Day and paid him $10.

• The salary paid to the CEO is $2 per month and the electronic costs are $3 in total.

• On Dec 31, it decides to replenish its stock of laptop with 50 laptops more. The fuels and other
operating costs are $1,5.

• All income and expenses are paid cash (no credit on sale)

2. Given the information above and now the company applies equal depreciation. Customers
bought laptop with $320 in cash and $80 on credit. However, $24 are collected from $80 before
December 2020. In addition, 50% of the tax will be paid in the first quarter next year and so does
10% of the equipment costs. The company decides to pay 20% dividend in cash.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

3. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 400 new type laptops with the imported price are twice
more expensive than the 2020 version. From the beginning of April, it decides to open a new
store in Cach Mang Thang Tam street with $10 rent each month. New equipment for this store is
$500. The new store will be financed 70% from the bank and 30% its own money. At
30/06/2021, the company sell part of its unused assets and receives $50

4. Using DuPont analysis to analyze the performance of the company.

GROUP 3:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

1 The company start its operations on June 1st, 2020. Over the period, it sells 60 laptop for $400.

• The company invited Diva My Linh to perform on its Grand Opening Day and paid her $10.

• The salary paid to the CEO is $2 per month and the other administrative costs are $4 in total. In
the 1st of September, it recruited a CFO and the compensation package for him is $10 annually.

• On Dec 31, it decides to replenish its stock of laptop with 50 laptops more. The fuels and other
operating costs are $1,5.

• All income and expenses are paid cash (no credit on sale)

2. Given the information above and now the company applies equal depreciation. Customers
bought laptop with $300 in cash and $100 on credit. However, $24 are collected from $100
before December 2020. In addition, 50% of the tax will be paid in the first quarter next year and
so does 10% of the equipment costs. The company decides to pay 20% dividend in cash.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

3. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 400 new type laptops with the imported price are twice
more expensive than the 2020 version. At 30/06/2021, it decides to change from its old store to
a new store in Hai Ba Trung road and cost $10 to change. New equipment for this store is $200.
The new equipment will be financed 100% from its own money. However when moving to the
new store, it needs to pay a rental fee of $10 monthly while its old store was given to its
business partner and receive $8 of rent each month.

4. Using DuPont analysis to analyze the performance of the company.

GROUP 4:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

1. The company start its operations on June 1st, 2020. Over the period, it sells 60 laptop for $400.

• The company invited Diva My Linh to perform on its Grand Opening Day and paid her $10.

• The salary paid to the CEO is $2 per month and the other administrative costs are $4 in total. In
the 1st of September, it recruited a CFO and the compensation package for him is $10 annually.

• On Dec 31, it decides to replenish its stock of laptop with 50 laptops more. The fuels and other
operating costs are $1,5.

• All income and expenses are paid cash (no credit on sale)

2. Given the information above and now the company applies equal depreciation. Customers
bought laptop with 50% in cash and 50% on credit. However, 25% are collected from $80 before
December 2020. In addition, 50% of the tax will be paid in the first quarter next year and so does
10% of the equipment costs. The company decides to pay 20% dividend in cash.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

3. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 400 new type laptops with the imported price are twice
more expensive than the 2020 version. At 30/06/2021, it decides to change from its old store to
a new store in Hai Ba Trung road and cost $10 to change. New equipment for this store is $200.
The new equipment will be financed 100% from its own money. However, when moving to the
new store, it needs to pay a rental fee of $10 monthly while its old store was given to his
business partner and receive $25 of rent for the first half of the year.

4. Using DuPont analysis to analyze the performance of the company.

GROUP 5:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

5. The company start its operations on June 1st, 2020. Over the period, it sells 60 laptop for $400.

• The company invited Diva My Linh to perform on its Grand Opening Day and paid her $10.

• The salary paid to the CEO is $2 per month and the other administrative costs are $4 in total. In
the 1st of September, it recruited a CFO and the compensation package for him is $10 annually.

• On Dec 31, it decides to replenish its stock of laptop with 50 laptops more with the same
imported price The fuels and other operating costs are $1,5.

• All income and expenses are paid cash (no credit on sale)

6. Given the information above and now the company applies equal depreciation. Customers
bought laptop with $220 in cash and $180 on credit. However, 15% are collected from $180
before December 2020 and 50 laptops will be paid next March, 2021. In addition, 50% of the tax
will be paid in the first quarter next year and so does 10% of the equipment costs. The company
decides to pay 20% dividend in cash.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

7. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 350 new type laptops with the imported price are twice
more expensive than the 2020 version. At 30/06/2021, it decides to change from its old store to
a new store in Hai Ba Trung road and cost $10 to change. New equipment for this store is $200.
The new equipment will be financed 100% from its own money. However, when moving to the
new store, it needs to pay a rental fee of $10 monthly while it receives back $20 of advance
deposit from its old store.

Using DuPont analysis to analyze the performance of the company.

GROUP 6:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

8. The company start its operations on June 1st, 2020. Over the period, it sells 60 laptop for $400.

• The company invited Diva My Linh to perform on its Grand Opening Day and paid her $10.

• The salary paid to the CEO is $2 per month and the other administrative costs are $4 in total. In
the 1st of September, it recruited a CFO and the compensation package for him is $10 annually.

• On Dec 31, it decides to replenish its stock of laptop with 50 laptops more with the same
imported price but delaying 50% of the payment till next March, 2021. The fuels and other
operating costs are $1,5.

• All income and expenses (except 50% of the laptops replenished on Dec 31) are paid cash (no
credit on sale)

9. Given the information above and now the company applies equal depreciation. Customers
bought laptop with $170 in cash and $230 on credit. However, $24 are collected from $230
before December 2020. In addition, 50% of the tax will be paid in the first quarter next year and
so does 10% of the equipment costs. The company decides to pay 20% dividend in cash.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

10. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 300 new type laptops with the imported price are twice
more expensive than the 2020 version. At 30/03/2021, it decides to change from its old store to
a new store in Hai Ba Trung road and cost $10 to change. They sell some old equipment for $7
and buy new equipment for this store with $200. The new equipment will be financed 100%
from its own money. However, when moving to the new store, it needs to pay a rental fee of
$10 monthly while the old store was given to its his business partner and receive $25 of rent.

Using DuPont analysis to analyze the performance of the company.

GROUP 7:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

11. The company start its operations on June 1st, 2020. Over the period, it sells 60 laptop for $400.

• The company organized a Grand Opening and required its guests wear the colorful masks given
by the company. Costs of the masks and the party are $3 and $6 respectively.

• The salary paid to the CEO is $2 per month and the other administrative costs are $4 in total. In
the 1st of September, it recruited a CFO and the compensation package for him is $10 annually.

• On Dec 31, it decides to replenish its stock of laptop with 50 laptops more with the same
imported price but delaying 60% of the payment till next March, 2021. The fuels and other
operating costs are $1,5.

• All income and expenses (except 60% of the laptops replenished on Dec 31) are paid cash (no
credit on sale)

12. Given the information above and now the company applies equal depreciation. Customers
bought laptop with $120 in cash and $280 on credit. However, $127 are collected from $280
before December 2020. In addition, 50% of the tax will be paid in the third quarter next year and
so does 10% of the equipment costs. The company decides to pay 15% dividend in cash.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

13. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 300 new type laptops with the imported price are twice
more expensive than the 2020 version. At 01/01/2021, it decides to change from its old store to
a new store in Hai Ba Trung road and cost $10 to change. They sell some old equipment for $7
and buy new equipment for this store with $200. The new equipment will be financed 100%
from its own money. However, when moving to the new store, it needs to pay a rental fee of
$10 monthly while the old store was given to its his business partner and receive $25 of rent for
the first half of the year.

Using DuPont analysis to analyze the performance of the company.

GROUP 8:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

14. The company start its operations on June 1st, 2020. Over the period, it sells 60 laptop for $400.

• The company organized a Grand Opening and required its guests wear the colorful masks given
by the company. Costs of the masks and the party are $4 and $7 respectively.

• The salary paid to the CEO is $2 per month and they give him an insurance package with the
total value of $4. In the 1st of September, it recruited a CFO and the compensation package for
him is $12 annually.

• On Dec 31, it decides to replenish its stock of laptop with 60 laptops more with the same
imported price but delaying 40% of the payment till next March, 2021. The fuels and other
operating costs are $1,5.

• All income and expenses (except 40% of the laptops replenished on Dec 31) are paid cash (no
credit on sale)

15. Given the information above and now the company applies equal depreciation. Customers
bought laptop with $300 in cash and $100 on credit. However, $37 are collected from $100
before December 2020. In addition, 50% of the tax will be paid in the second quarter next year
and so does 10% of the equipment costs. On 31 of December the company invests $20 on Bank
notes.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

16. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 300 new type laptops with the imported price are twice
more expensive than the 2020 version. At 30/06/2021, it decides to change from its old store to
a new store in Hai Ba Trung road and cost $8 to change. They sell some old equipment for $7
and buy new equipment for new store with $210. The new equipment will be financed 50%
from its own money and 50% from the bank. However, when moving to the new store, it needs
to pay a rental fee of $10 monthly while the old store was given to its his business partner and
receive $23 as deposist. The company receives 15% interest in cash from their securities
investment.

Using DuPont analysis to analyze the performance of the company.

GROUP 9:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

17. The company start its operations on June 1st, 2020. Over the period, it sells 70 laptop for $350.

• The company organized a Grand Opening and required its guests wear the colorful masks given
by the company. Costs of the masks and the party are $4 and $7 respectively.

• The salary paid to the CEO is $2 per month and they give him an insurance package with the
total value of $4. In the 1st of September, it recruited a CFO and the compensation package for
him is $12 annually. Total electricity and water costs of the company are $4.

• On Dec 31, it decides to replenish its stock of laptop with 60 laptops more with the same
imported price but delaying 45% of the payment till next March, 2021. The fuels and other
operating costs are $2.

• All income and expenses (except 45% of the laptops replenished on Dec 31) are paid cash (no
credit on sale)

18. Given the information above and now the company applies equal depreciation. Customers
bought laptop with $220 in cash and $130 on credit. In addition, 50% of the tax will be paid in
the third quarter next year and so does 10% of the equipment costs. On 31 of December the
company invests $20 on Bank notes.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

19. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 300 new type laptops with the imported price are twice
more expensive than the 2020 version. At 30/06/2021, it decides to change from its old store to
a new store in Hai Ba Trung road and cost $8 to change. They sell some old equipment for $7
and buy new equipment for this store with $210. The new equipment will be financed 100%
from its own money. However, when moving to the new store, it needs to pay a rental fee of
$10 monthly. The company receives 15% interest in cash from their securities investment.

Using DuPont analysis to analyze the performance of the company.

GROUP 10:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

20. The company start its operations on June 1st, 2020. Over the period, it sells 65 laptop for $400.

• The company organized a Grand Opening and required its guests wear the colorful masks given
by the company. Costs of the masks and the party are $4 and $7 respectively.

• The salary paid to the CEO is $2 per month and they give him an insurance package with the
total value of $4. In the 1st of September, it recruited a CFO and the compensation package for
him is $12 annually. Total electricity and water costs of the company are $4.

• All income and expenses are paid cash (no credit on sale).

21. Given the information above and now the company applies equal depreciation for the first 3
months and change to quick depreciation with 30% each year for the first two years from the
last quarter of 2020. Customers bought laptop with 80% in cash and 20% on credit. However,
$47 are collected from laptop on credit before December 2020. In addition, 50% of the tax will
be paid in the third quarter next year and so does 10% of the equipment costs. On 31 of
December the company invests $20 on Bank notes.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

22. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 300 new type laptops with the imported price are twice
more expensive than the 2020 version. At 30/03/2021, it decides to change from its old store to
a new store in Hai Ba Trung road and cost $8 to change. They sell some old equipment for $7
and buy new equipment for this store with $210. The new equipment will be financed 80% from
issuing coupon bonds and 20% from its own money. However, when moving to the new store, it
needs to pay a rental fee of $10 monthly. The company receives 15% interest in cash from their
securities investment.

Using DuPont analysis to analyze the performance of the company.

GROUP 11:

Show the income statement, cash flow statement and balance sheet of the company at 31/12/2020 if:

23. The company start its operations on June 1st, 2020. Over the period, it sells 55 laptops for $400.

• The company organized a Grand Opening and required its guests wear the colorful masks given
by the company. Costs of the masks and the party are $4 and $7 respectively.

• The salary paid to the CEO is $2 per month and they give him an insurance package with the
total value of $4. The insurance paid right away when the company recruited the CEO. In the 1st
of September, it recruited a CFO and the compensation package for him is $12 annually. Total
electricity and water costs of the company are $4.

• All income and expenses are paid cash (no credit on sale).

24. Given the information above and now the company applies equal depreciation for the first 4
months and change to quick depreciation with 25% each year for the first two years from the
last quarter of 2020. Customers bought laptop with 60% in cash and 40% on credit. In addition,
25% of the tax will be paid in the third quarter next year and so does 10% of the equipment
costs. On 31 of December the company invests $20 on 3-month T bill with the interest rate 5%.

Show the income statement, cash flow statement and balance sheet of the company at 30/06/2021 if:

25. In the first 6 months of 2021, the company sells all the laptop left in the store from 2020 with
the price of $40 each and replenishes 300 new type laptops with the imported price are twice
more expensive than the 2020 version. At 30/03/2021, it decides to change from its old store to
a new store in Hai Ba Trung road and cost $8 to change. They sell some old equipment for $7
and buy new equipment for this store with $210. The new equipment will be financed 80% from
issuing coupon bonds and 20% from its own money. However, when moving to the new store, it
needs to pay a rental fee of $10 monthly.

Using DuPont analysis to analyze the performance of the company.