Question

2018 2017 $ 316 $ 242 867791 GARNERS' PLATOON MENTAL HEALTH CARE, INC. Balance Sheet as of December 31, 2018 and 2017 (In millions of dollars) 2018 2017 Liabilities and Equity Curront liabilities: $ 421 $ Accrued wagos and taxes 1.020 Accounts payablo 1.760 1.581 Notes payable $3.290 $ Total Long-term debt: $4,743 Stockholders' equity: Proforred stock (30 million shares) $4972 $ Common stock and paid-in surplus (200 million shares) 790 Rotained oarnings $5,864 $4,893 Total $0 $7,889 Total liabilities and equity Assets Curront assots: Cash and markotable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Loss: Accumulated doprociation Net plant and equipment 714 $2,055 $3,090 $1,747 $D 840 640 $ 60 637 $ 60 D Other long-term assets Total Total assets 3,312 $4,009 $9,154 2,440 $3,137 $7,889

Answer 1

Balance Sheet 2018 2017 $ 2018 2017 $ 242 791 421 1109 1760 3290 Assets: Current Assets Cash and Marketable securities Accounts Receivable Inventory Total Fixed Assests Gross Plant and Equipment Less Accumulated Depreciation New Plant and Equipment Other Long Term Assets 395 1020 1581 2996 *** 316 867 872 2055 3090 714 Liabilities and Equity Current Liabilities Accrued wages and taxes Accounts payables Notes Payable Total Long Term Debt Stock Holders Equity: Preferred Stock (30 Million Shares) Common Stock and paid-in surplus (200 million shares) Retained Earnings Total Total Liabilities and Equity 1747 3005 4743 640 4103 60 637 4132 840 4972 892 5864 9154 60 637 2440 790 Total 4893 7889 3312 4009 9154 Total Assets 7889

Income Statement 2018 2017 S Net Sales Cost of Goods Sold Less 4980 2246 2734 1 25 4348 2035 2313 100 Other Operating Exp Gross Profit Less Earning Before Interest, taxes, depreciation and amortization (EBITDA) Less Earnings before interest and taxes (EBIT) Less Earnings before taxes (EBT) 2609122131 200 191 Depreciation Interest 2409 315 2094 2022 285 1737) 2018 2017 767632 1327 1105 60 60 12671 1045 395 872 650 Das Less Taxes Net Income Less Preferred stock dividends Net Income available to common stock holders Less common stock dividends Addition to retained earning Per (common) share data Earning Per share Dividends per share Book Value per share Market value per share 295 6.335 1.975 19.745 26.850 5.225 1.975 15.385 22.500

Cash Flow 2018 1327 200 74 158 89 179 Section A: Cash flows from Operating Activities Net Income Additions: Depreciation Increase in accrued wages and taxes Increase in accounts payables Subtractions: Increase in accounts receivables Increase in Inventory Net Cash Flow from Operating activities Section B: Cash flows from Investing Activities Subtractions: Increase in Fixed Assets Increase in other Long-term assets Net Cash Flow from Investing activities Section C: Cash flows from Financing Activities Additions: Increase in notes payables Increase in long term debt Increase in common and preferred stock Subtractions: Pay preferred stock dividends Pay common stock dividends Net Cash Flow from Financing activities Section D: Net change in cash and marketable securities 869 102 971 158 60 395 -212

Plus Less Statement of Retained Earnings as on Dec 2018 $ $ Balance of retained earnings as of Dec 31 2017 2440 Net Income for 2018 1327 Cash Dvivdends paid Preferred Stock Common Stock 395 Total Cash dividends paid 455 Balance of retained earnings as of Dec 31 2018 3312