Class Notes (836,580)
Canada (509,856)
Management (767)
MGT338H5 (6)
Lecture

Class 2 Notes

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Department
Management
Course
MGT338H5
Professor
Louis Florence
Semester
Fall

Description
Class 2Accounting Statements and Cash FlowA firm has the following financial statementsIncome statement for 2006 000sNet sales1000COGS400Gross Margin600Selling150Administration100EBITDA350Depreciation50EBIT300Interest40EBT260Tax 2565NI195Div50Retained Earnings145Balance Sheet 000sDecember 31 2005December 31 2006AssetsCash25Accounts Receivable100125Inventory7565Total Current Assets200Capital Assets400500Accumulated Depreciation150Net Capital Assets250To
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