You have a friend who has been hired as an intern to assist the CFO of Simon Yu

Question

You have a friend who has been hired as an intern to assist the CFO of Simon Yu Inc. with variety of financial analyses. It is almost year-end, and your friend has been assigned to calculate a few numbers for the CFO. Unfortunately, his dog ate some of the important data, and you have been asked to help him with his assignment.
Simon Yu Inc is a 100% equity firm, and usually falls under the 35% tax bracket. This fiscal year, the company realized total revenue of $1,650,000 and EBIT or 300,000. In the past, the costs of goods sold amounts to approximately 80% of its revenue.
Asset portion of Balance sheet 2013. 2014 Current assets. 225,000. 407,000 Fixed assets 130,000. 150,000 Total assets. ? ?
A. Structure an income statement for Simon Yu inc for 2014 B. What is ROA of the company for 2014? C. What is the OFC for 2014? D. Assume a payout ratio of 15%, and that cash dividends are the only kind of dividend the company offers, how much new equity did the company issue this year? You have a friend who has been hired as an intern to assist the CFO of Simon Yu Inc. with variety of financial analyses. It is almost year-end, and your friend has been assigned to calculate a few numbers for the CFO. Unfortunately, his dog ate some of the important data, and you have been asked to help him with his assignment.
Simon Yu Inc is a 100% equity firm, and usually falls under the 35% tax bracket. This fiscal year, the company realized total revenue of $1,650,000 and EBIT or 300,000. In the past, the costs of goods sold amounts to approximately 80% of its revenue.
Asset portion of Balance sheet 2013. 2014 Current assets. 225,000. 407,000 Fixed assets 130,000. 150,000 Total assets. ? ?
A. Structure an income statement for Simon Yu inc for 2014 B. What is ROA of the company for 2014? C. What is the OFC for 2014? D. Assume a payout ratio of 15%, and that cash dividends are the only kind of dividend the company offers, how much new equity did the company issue this year?
Simon Yu Inc is a 100% equity firm, and usually falls under the 35% tax bracket. This fiscal year, the company realized total revenue of $1,650,000 and EBIT or 300,000. In the past, the costs of goods sold amounts to approximately 80% of its revenue.
Asset portion of Balance sheet 2013. 2014 Current assets. 225,000. 407,000 Fixed assets 130,000. 150,000 Total assets. ? ?
A. Structure an income statement for Simon Yu inc for 2014 B. What is ROA of the company for 2014? C. What is the OFC for 2014? D. Assume a payout ratio of 15%, and that cash dividends are the only kind of dividend the company offers, how much new equity did the company issue this year?

Explanation / Answer

total assets in 2013= $355,000 and in 2014= 557,000

the total revenue in this year is 1.650,000 or EBIT is 300,000

b. return on assets in 2014 is

=300,000/557,000= 53.86%

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