BALANCE SHEET (million) Cash 2021 $ 140 Accounts payable 2021 800 Accts. Receivable 880 Notes payable 600 Inventories 1

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BALANCE SHEET (million)
Cash
2021
$ 140
Accounts payable
2021
800
Accts. Receivable
880
Notes payable
600
Inventories
1,320
Accruals
400
Total current assets
$2,340
Total current liabilities
1,800
Long-term bonds
1,000
Fixed assets
$1660
Common stock (50,000 shares)
200
Retained earnings
1,000
Total assets
$4,000
Total liabilities & equity
4,000
2021 INCOME STATEMENT (million)
Sales
$ 6,000
Operating costs
5,700
EBIT
$ 300
Less: Interest
96
EBT
$ 204
Less: Taxes (40%)
81.6
Net income
$ 122.4
Ratio
CCU
Benchmark
Current ratio
1.2
Total asset turnover
2.1
Days Sales Outstanding
38.72
Times-interest-earned
5.2
Liabilities-to-assets
0.36
Net profit margin on sale
2.1%
Return on equity
9.8%
Basic earning power
7.4%