Statement (in million of USDs) 2021 Total sales 500 Cost of sales -300 Gross Profit 200 -90 Selling, general, and administrative expenses Research and development Depreciation and amortization -22 -25 Other income 10 73 Earnings before interest and taxes (EBIT) Interest income (expense) -22 Pretax income 51 Taxes -18 Net Income 33
2021 TABLED Balance Sheet (in million of USDs) Assets Current Assets Cash Liabilities Current Liabilities 100 Accounts payable 95 Notes payable/short-term debt 100 15 Accounts receivable Inventories Total current assets 55 250 Total current liabilities 115 Long-Term Assets Long-Term Liabilities 15 Long-term debt 90 Net property, plant, and equipment Total long-term assets 90 205 15 Total long-term liabilities Total Liabilities Stockholders' Equity Total 265 Liabilities Stockholders' Equity 60 Total Assets and 265
QUESTIONS * Tables Cand D show the income statement and balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's ROA in 2021? Note: Express your answers in strictly numerical terms and IN million of USD." QUESTION 9 "An auto parts company is deciding whether to sponsor a racing team for a cost of $50000. The sponsorship would last for 6 years and is expected to increase cash flows by S10000 per year. If the discount rate is 8.8%, what will be the change in the value of the company if it chooses to go ahead with the sponsorship? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer
TABLE C Income TABLE C Income Statement (in million of USDs) 2021 Total sales 500 Cost of sales -300 Gross Profit 200 -90 Selling, gene
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