Answer Happy

The income statement and balance sheet for AVILA, Inc. are provided below. (Note that the reported figures in the statements are expressed in thousands of dollars.) Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets AVILA, INC. Balance Sheets as of December 31, 2020 and 2021 (in 000s) 2020 2021 Assets Sales Cost of goods sold $ 210 $ 180 325 325 180 315 $715 $820 $ 1,500 $1,650 AVILA, INC. 2021 Income Statement (in 000s) 1,350 850 Current liabilities Accounts payable Notes payable Total 2020 Liabilities and Owners' Equity Long-term debt Owners' equity Common stock Accumulated retained earnings Total $2,215 $2,470 Total liabilities and owners' equity < Prev 22 of 22 $250 $ 300 260 260 2021 $ 510 $ 560 $1,000 $1,120 $ 305 $ $400 $ $ 705 $ Next 282 508 790 $2,215 $2,470

AVILA, INC. 2021 Income Statement (in 000s) Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income Dividends Retained earnings 180 108 $ +A Operating Cash Flow Net Capital Spending Change in NWC Cash Flow From Assets Cash Flow to Creditors Cash Flow to Stockholders Requirement 2: LA 19 1,350 850 40 460 95 365 77 288 Requirement 1: Determine the cash flow from assets (including the operating cash flow, net capital spending. and change in net working capital), cash flow to creditors, and cash flow to stockholders for AVILA, Inc. for the year 2021. (Express your answers in thousands of dollars. Round your answer to the nearest whole dollar amount (e.g., 32). Negative amounts should be Indicated by a minus sign.) 555 $ $

Requirement 2: Calculate the internal growth rate and the sustainable growth rate for AVILA, Inc. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).) Internal Growth Rate Sustainable Growth Rate Requirement 3: Explain the difference in the assumptions underlying the internal and sustainable growth rates. < Prev 22 of 22 Next