University of Toronto Business Administration Finance Paper

Using the following information, answer questions 1 to 10 on the foolscap provided.
Show all calculations for full marks.
2019 2020
Sales $2,900 $3,300
Cost of Goods Sold 2,030 2,310
Interest 410 420
Dividends 56 79
Depreciation 290 330
Cash 250 150
Receivables 242 412
Current Liabilities 900 1,100
Inventory 1,015 900
Long-Term Debt 3,200 3,100
Net Fixed Assets 6,000 5,700
Tax Rate 40% 40%
What are the earnings before interest and taxes for 2020?
What is the net income for 2020?
What is the operating cash flow for 2019 and 2020?
What is the change in net working capital for 2020 from 2019?
What is the cash flow to creditors for 2020?
What is net capital spending for 2020?
What is the current ratio for 2020?
What is the quick ratio for 2020?
What is the inventory turnover for 2020?
What is the debt-equity ratio for 2020?
Complete a common-size income statement for 2020 based on the percentage of
sales approach. Be sure to include dividends and retained earnings percentages.