CHAPTER 1 INTRODUCTION TO FINANCIAL MANAGEMENT
CHAPTER 2 FINANCIAL STATEMENTS, TAXES, AND CASH FLOW Basic 1. Balance Sheet CA $2,500 CL $1,000 OE = $8,850 – 5,800 = $3,050 NFA 6,350 LTD 4,800 NWC = $2,500 – 1,000 = $1,500 TA $8,850 OE 3,050 TL + OE $8,850 2. Income Statement Sales $350,000 Costs 175,000 Depr eciation 25,000 EBIT $150,000 Interest 17,000 EBT $133,000
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