Consider the following simplified financial statements for the wims corporation (assuming no income taxes): income statement balance sheet sales $ 38,400 assets $ 23,100 debt $ 6,100 costs 30,760 equity 17,000 net income $ 7,640 total $ 23,100 total $ 23,100 the company has predicted a sales increase of 8 percent. assume the company pays out half of net income in the form of a cash dividend. costs and assets vary with sales, but debt and equity do not. prepare the pro forma statements. (input all amounts as positive values. do not round intermediate calculations and round your answers to the nearest whole dollar amount.)

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

The penalties for a first-time dui charge include revocation of drivers license a. 180 days b. ben 180 des and one year c. bence 90 and 180 d. one year

What cylinder head operation is the technician performing in this figure?