11. Data from BeeDrone\'s 2018 Income statement & balance sheet are shown below.
ID: 2657495 • Letter: 1
Question
11. Data from BeeDrone's 2018 Income statement & balance sheet are shown below. Assume the firm is operating at a 100% capacity. Balance Sheet, YE 2018 Cash Acts Receivable Inventories 134 360 Acts Payable Accruals Total cument labilities LT Debt Common Stock Retained Earnings Total Liab & Equity 540 Total current ass1,214 110 1800 Net Fixed Asset Total Assets 2,654 2,654 Income Statement, YE 2018 Sales 3,600 3,348 Operating costs EBIT Interest Pre-tax earnings Taxes (40%) .252 13 239 96 Net income 143 Dividends 50 a. EFN-S Answer in words: What is the impact on EFN if the firm was operating at 60% of capacity? Explain why b.Explanation / Answer
Assets = $2654
Spontaneous = Current Liabilities = $540
Retained Earnings = RE = $ 204
EFN = Assets - Spontaneous - Retained Earnings
EFN = 2654 - 540 -204
EFN = $1910
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