Sydco is in the bowling ball industry and you are interviewing for a
Sydco is in the bowling ball industry and you are interviewing for a position as chief accountant in their Dallas office. In order to assure the management staff that you are qualified for the job, one of the tasks they have asked you to do is an evaluation of useful data into a form that can be used by all of management. You have been given the following information:
Sydo Summary
Gross Income
$ 360
Depreciation Expense
$ 81
Tax Rate
40%
After Tax Cost of Capital
9%
Operating Income
$ 30
Interest Expense
$ 8
Current Assets
$ 196
Net Plant and Equipment
$ 126
Current Liabilities
$ 87
Your task is to answer all of the questions below.
Questions: Address all of the following questions in a brief but thorough
Assignment Grading Criteria
Maximum Points
Correctly identified the net income for the period.
Correctly calculated the net operating profit after tax and identified the company’s operating cash flows.
Determined the company’s net cash flow.
Made an assessment of the firm’s financial condition.
Work was clearly written, with logical flow, with no errors (including APA format) and utilized appropriate citation/reference of sources.
Total:
