Company B Consolidated Statement of Income (000) Year Ending May 31   1996 1997 1998 1999 2000               Revenues   $3,930,984 $3,789,668 $4,760,834 $6,470,625 $9,186,539               Cost and Expenses               Cost of sales $2,386,993 $2,301,423 $2,865,280 $3,906,746 $5,502,993   Selling & Administrative $922,261 $974,099 $1,209,760 $1,588,612 $2,303,704   Interest expense $25,739 $15,282 $24,208 $39,498 $52,343   Other income/expense $1,475 $8,270 $11,722 $36,679 $32,277     $3,336,468 $3,299,074 $4,110,970 $5,571,535 $7,891,317               Income before income taxes   $594,516 $490,594 $649,864 $899,090 $1,295,222               Income taxes   $229,500 $191,800 $250,200 $345,900 $499,400               Net income   $365,016 $298,794 $399,664 $553,190 $795,822               Company B Consolidatd Balance Sheets (000) Year Ending May 31+A2:G25   1996 1997 1998 1999 2000 Assets             Current Assets               Cash & equivalents $291,284 $518,816 $216,071 $262,117 $445,421   A/R $667,547 $703,682 $1,053,237 $1,346,125 $1,754,137   Inventory $592,986 $470,023 $629,742 $931,151 $1,338,640   Deferred income tax $26,378 $37,603 $72,657 $93,120 $135,663   Prepaid items $42,452 $40,307 $74,221 $94,427 $157,058   total current assets $1,620,647 $1,770,431 $2,045,928 $2,726,940 $3,830,919               Property, Plant and Equipment   $377,995 $405,845 $554,879 $643,459 $922,369 Goodwill   $157,894 $163,036 $495,907 $474,812 $464,191 Other assets   $30,927 $34,503 $46,031 $106,417 $143,728   Total assets $2,187,463 $2,373,815 $3,142,745 $3,951,628 $5,361,207               Liabilities and Stockholders' Equity             Current Liabilities               Current portion long term debt $52,985 $3,857 $31,943 $7,301 $2,216   Notes payable $108,165 $127,378 $397,100 $445,064 $553,153   Accounts payable $135,701 $210,576 $297,656 $455,034 $687,121   Accrued liabilities $138,563 $181,889 $345,224 $480,407 $570,504   Income tax payable $17,150 $38,287 $35,612 $79,253 $53,923   total current liabilities $452,564 $561,987 $1,107,535 $1,467,059 $1,866,917               Long term debt   $15,033 $12,364 $10,565 $9,584 $296,020 Non-current deferred income taxes   $29,965 $18,228 $17,789 $1,883   Other liabilities   $43,575 $39,987 $41,867 $41,402 $42,132 Redeemable preferred stock   $300 $300 $300 $300 $300 Stockholders' Equity               Common stock- A $159 $159 $155 $153 $152   Common stock- B $2,720 $2,704 $2,698 $2,702 $2,706   Capital in excess of stated value $108,451 $108,284 $122,436 $154,833 $210,650   Foreign currency adjustment ($7,790) ($15,123) $1,585 ($16,501) ($31,333)   Retained earnings $1,542,486 $1,644,925 $1,837,815 $2,290,213 $2,973,663   Shareholders' equity $1,646,026 $1,740,949 $1,964,689 $2,431,400 $3,155,838 Total Liabilities and Shareholders' Equity   $2,187,463 $2,373,815 $3,142,745 $3,951,628 $5,361,207 As an aid to Sylvia, a) calculate the ROE through the four parts Dupont formula for the five years, for the Company B.                         b) Briefly comment on the trend of each company’s total ROE and each of the four components.

Income Statement for Bearcat Hathaway, 2022 Sales Less Cost of Goods Sold Gross Profit Less General & Administrative Expenses $10,000,000 $2,470,732 $7,529,268 $1,438,438 $2,656,922 $3,433,908 $924,283 $2,509,625 $527,021 $1,982,604 $312,519 Less Depreciation Earnings Before Interest and Taxes Less Interest Paid Taxable Income (or Earnings Before Taxes) Less Taxes (21% Tax Rate) Net Income Dividends Calculate the operating cash flow. $6,090,830 $1,304,007 $3,433,908 $5,563,809 O $1,982,604

Suresh Company reports the following segment (department) income results for the year. Department M Department N Department 0 Department P $ 82,000 $ 44,000 $ 78,000 $ 65,000 Sales Expenses Avoidable Unavoidable Total expenses Income (loss) Department Department M Department N Department O Department P Department T 17,300 45,400 57,800 21,600 75, 100 67,000 $ 6,900 $ (23,000) Decision 18,000 5,700 23,700 $ 54,300 21,500 54,300 75,800 $ (10,800) Department T $ 43,000 51,300 20,300 71, 600 $ (28,600) Total $ 312,000 a. If the company plans to eliminate departments that have sales less than avoidable costs, which department(s) would be eliminated? 153,500 159, 700 313, 200 $ (1,200)

Sales revenue Variable expenses Contribution margin Fixed expenses Operating income Income taxes Net income $ 236,352 95,012 15,897 $11,128 $ · b. $537,356 $ 168,652 90,292 23,508 98,944 138,768 16,027 $48,081 d $667,836 453,504 59,104 $177,312

Warrior Industries Income Statement for year ending 12/31/20XX Sales revenue Less cost of goods sold Gross margin Less operating expenses Marketing Sales and administrative Depreciation ood to go Total operating expenses Operating income Less interest expense Income before taxes Income tax expense Net income E 40,000 20,000 10,000 5. 456,428 205,200 251,228 70,000 181,228 7,000 174,228 40,000 134,228 Assets Current Assets Cash Accounts receivable Inventory Fixed assets Total assets O Warrior Industries Balance Sheet for 12/31/20XX Total current assets Property, plant and equipment Accumulated depreciation Net fixed assets Liabilities and Owner's Equity Current liabilities Accounts payable Note payable to bank Deposits from customers N Total current liabilities Long term mortgage Owner's Equity Total liabilities Retained earnings Total Owners' Equity Total liability and equities $ 52,400.00 $ 11,000.00 $ 15,900.00 $ 79,300.00 $ 80,000.00 $ (20,000.00) $ 60,000.00 $139,300.00 $ 5,300.00…