Elvix Products International

Balance Sheet
As of Dec. 31, 2004 (000's)
Assets
Cash and Equivalents
Account Receivable
Inventory
Total Current Assets
Plant & Equipment
Accumulated Depreciation
Net Fixed Assets
Total Assets
Liabilities and Owner's Equity
Account Payable
Short-term Notes Payable
Other Current Liabilities
Total Current Liabilities
Long-term Debt
Total Liabilities
Common Stock
Retained Earnings
Total Shareholder's Equity
Total Liabilities and Owner's Equity

2009
52,000
402,000
836,000
1,290,000
527,000
166,200
360,800
1,650,800

2008
57,600
351,200
715,200
1,124,000
491,000
146,200
344,800
1,468,800

175,200
225,000
140,000
540,200
424,612
964,812
460,000
225,988
685,988
1,650,800

145,600
200,000
136,000
481,600
323,432
805,032
460,000
203,768
663,768
1,468,800

Elvis Products International

Income Statement

For The Year Ended Dec, 31, 2004 ($ 000's)

Sales
Cost of Goods Sold
Gross Profit
Selling and G&A Expenses
Fixed Expenses
Depreciation Expense
EBIT
Interest Expense
Earnings Before Taxes
Taxes
Net Income
Notes:
Tax Rate

2009
3,850,000
3,250,000
600,000
330,300
100,000
20,000
149,700
76,000
73,700
29,480
44,220

40%

2008
3,432,000
2,864,000
568,000
240,000
100,000
18,900
209,100
62,500
146,600
58,640
87,960

ratio

Elvis Products International

ratio analysis for 2008 and 2009
2009
2008
liquidity ratios

current ratio
quick ratio
efficiency ratios
inventory turnover
a/r turnover
average collection period
fixed asset turnover
total asset turnover
leverage ratios
total debt ratio
lng term debt ratio
ltd to total capitalization
debt to equity
ltd to equity
coverage ratios
times interesest earned
cash coverage ratio
profitability ratios
gross profit margin
operating profit margin
net profit margin
return on total asset
return on equity
return in common equity
du pont ROE
Z-Score Model
Market Value of Equity
Z-score (Original)
Z-score (Private firm)

884,400

liquidity ratios
current ratio

current asset
current liabilities

quick ratio

current asset - inventories

current liabilities

eficiency ratios
inventory turnover

cost of good sold

inventory

a/r turn over

credit sales
account receivable

average collection period

account receivable
annual credit sales/360

fixed asset turnover

sales
net fixed asset

total asset turnover

sales
total asset

leverage ratios
toal debt ratio

toal debt
total asset

long term debt ratio

long term debt

toal asset

LTD to total capitalization

LTD
LTD + Prefered equity + cpmmon equity

debt to equity

total debt
total equity

LTD equity

LTD
prefered equity + common equity

coverage ratios
Times interest earned

EBIT
interest expense

cash coverage ratio

EBIT + noncash expense

interest expense

profitability ratios
gross profit margin

gross profit
sales

operating profit margin

net operating income

sales

net profit margin

net income
sales

return on total asset

net income
total equity

return on common equity

net income available to common

common equity

du pont analysis of ROE

net profit margin x total asset turnover

Industry
2009
ratio
liquidity ratios
current ratio
quick ratio
efficiency ratios
inventory turnover
a/r turnover
average collection period
fixed asset turnover
total asset turnover
leverage ratios
total debt ratio
lng term debt ratio
ltd to total capitalization
debt to equity
ltd to equity
coverage ratios
times interesest earned
cash coverage ratio
profitability ratios
gross profit margin
operating profit margin
net profit margin
return on total asset
return on equity
return in common equity

Elvis Products International

Economic Profit Calculations

Tax Rate
NOPAT
Total Operating Capital
After-tax Cost of Capital
Dollar Cost of Capital
Economic Profit

2009
40%

2008
40%

13%

13%

Economic Profit =

NOPAT - After-tax cost of Operating Capital

NOPAT =
EBIT * (1-Tax Rate)
After-tax cost of Operating Capital = Total Net Operating Capital x WACC