Your Perfect Assignment is Just a Click Away

We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!


LU NMB Company Financial Statements Analysis Spreadsheet

LU NMB Company Financial Statements Analysis Spreadsheet


Below are the NMB Company financial statements for the last four years. You are to review and use each sheet to complete the assignment.

Answer all questions, perform all calculations and submit in one Excel Spreadsheet.

Q1-1 Prepare a Balance Sheet

Prepare a balance sheet for the NMB company as of December 2020, based on the following information: cash = $110,000; patents and copyrights = $750,000, accounts payable = $200,000, accounts receivable = $300,000; tangible net fixed assets = $2,000,000; inventory = $400,000; notes payable = $300,000; accumulated retained earnings = $2,500,000; long-term debt = $175,000.

Q2-2: Using Income statement

Given the following information, calculate the depreciation expense; sales = 10,000, costs = 6000, additions to retained earnings = 1000; dividend paid = 625; interest expense = 500; tax rate = 35 percent.

Q2-3: Calculating Total cash flows

NMB Company shows the following information on its 2020 income statement; Sales = $50,000; costs = $30,000; other expenses = $2,500; depreciation expense = $2,500; interest expense = $5,000; tax paid = $3,400; dividends paid = $3,200. In addition, you are told that the firm issued $500 in new equity during 2020,  and repaid $1,000 in outstanding long-term debt.

  1. What is the cash flow from operation?
  2. What is the cash flow to creditors?
  3. What is the cash flow to stockholders?
  4. If net fixed assets increased by $2,900 during the year, what were the addition to MNB?

Q2-4 Four Year Use of Debt

Below are the MNB financial statements for the last four years.

  1. You are to review the firm revenue, gross profit, operating income, and net income trends over the last four years.
  2. The firm may need to raise additional capital in the near future, and you need to review the firm’s past financing decisions using both the firm’s balance sheets and its statements of cash flows. Specifically, you need to summarize the assessment of the firm’s use of debt financing over these four years.

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Writers Hero only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Writers Hero are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Writers Hero is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Writers Hero, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.