1. Cameron Balance Sheet
Accounts Payable and Accurals 30
Accounts Receivable 62
accumulated depreciation (175)
cash 33
common stock 120
fixed assets (gross) 390
inventory 126
long term debt 200
retained earnings 65
what is camrons networking capital?
2.Iris Income Statement
COGS 350
Depreciation expense 35
interest expense 20
operating expense (excluding depreciation) 115
sales 580
what is iris inc’s earnings before interest and taxes (EBIT)?
3. IRIS Balance Sheet
accounts payable and accurals 65
accumulated depreciation (175)
cash 35
common stock 120
fixed asset (gross) 390
inventory 130
long term debt 200
retained earnings 65
what it iris inc’s Total Assets?
4.Flying Tigers Inc has net sales of $762, 000 and accounts receivable of $157, 000. what is the firms accounts receivables turnover? (give answer up to two decimals)
5. regan corp has reported a net income of $803, 6000 for the year. the company’s share prices is $12.44, and the company had 321, 840 shares outstanding. compute the firm’s price earnings ratio up to two decimal places.
6. You purchase a piece of property of $30,000 nine years ago and sold it today for $83, 190. what was the annual rate of return on your investment?
7. The first national bank has agreed to lend you $30, 000 today,but you must repay $42,135 in 3 years. what rate is the bank charging you?
8. The Florida lottery agrees to pay the winner $269, 000 at the end of each year for the next 20 years. What is the future value of this prize if each payment is put in an account earning .10?
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