STEPHENSON REAL ESTATE RECAPITALIZATION
Market value balance sheet before the
land purchase is:
Market value...
STEPHENSON REAL ESTATE RECAPITALIZATION
Market value balance sheet before the
land purchase is:
Market value balance sheet
Assets
$533,500,000
Equity
$533,500,000
Total assets
$533,500,000
Debt & Equity
$533,500,000
Market value balance sheet after
purchase of land:
Note, to calculate the NPV of the
project, you must perform a calculation to determine the earnings
they will receive from this purchase
Market value balance sheet
Old assets
$533,500,000
NPV of project
enter value
Equity
enter value
Total assets
Sum total...
Balance Sheet
2015
2016
2017
Assets
Cash
807,000
628,000
612,000
Accounts Receivables
2,582,000
2,896,000
4,605,000
Inventories...
Balance Sheet
2015
2016
2017
Assets
Cash
807,000
628,000
612,000
Accounts Receivables
2,582,000
2,896,000
4,605,000
Inventories
2,870,000
5,181,000
7,319,000
Total Current Assets
6,259,000
8,705,000
12,536,000
Net Fixed Assets
2,216,000
2,423,000
5,538,000
Total Assets
8,475,000
11,128,000
15,074,000
Liabilities and Equity
Accounts Payable
961,000
1,648,000
3,137,000
Notes Payable
400,000
800,000
2,860,000
Accruals
440,000
800,000
1,150,000
Total Current Liabilities
1,801,000
3,248,000
7,147,000
Long Term Debt
1,350,000
1,908,000
1,867,000
Common Stock
3,650,000
3,650,000
3,650,000
Retained Earnings
1,674,000
2,322,000
2,410,000
Total Equity
5,324,000
5,972,000
6,060,000...
Q1.
The following is an example of:
Year
Increase(Decrease)
2018
2017
Amount
%
Cash
$
300,000...
Q1.
The following is an example of:
Year
Increase(Decrease)
2018
2017
Amount
%
Cash
$
300,000
$
800,000
$
(500,000
)
(62.5
)
Accounts receivable
500,000
200,000
300,000
150.0
Inventory
800,000
700,000
100,000
14.3
Equipment
1,200,000
900,000
300,000
33.3
Total assets
$
2,800,000
$
2,600,000
$
200,000
7.7
Multiple Choice
Ratio analysis.
Vertical analysis.
Horizontal analysis.
Diagonal analysis.
Q2.
The times interest earned ratio is classified as an indicator of
a company's:
Multiple Choice
Liquidity.
Profitability.
Solvency.
Long-term survival.
Q3....