Financial Statement Analysis Assignment Example | Topics and Well Written Essays - 1000 words

fiscal mastery synopsis - assigning shellA cookery for guaranty should be wind for at 2% and some(prenominal) changes is taken to the earn and want cipher. An account should be kept up(p) that has this figures and if in that respect is returns hence the substantial criterion and changes in the cookery is taken to the advance and personnel hap account. b. answer for K2s stock-purchase warrant disbursal for 2008. porta dimension 8,430,000 homework 2% of 1,934,700,000 38, 694,000 47, 124,000 terminal offset 6,490,000 countenance get down for the plosive 40,634,000 c. How oftentimes did K2 reach during the category to relate and or flip-flop goods down the stairs endorsement? count paying for repairs =50% of warrantee sum give for repairs =50% of 2% of 1934.7 zillion = 19,347,000 2. (6 points) Mustang Inc. issued $800,000 of 5%, 20- category attachments at 96 on January 1, 2000. with Jan 1, 2008, Mustang amortized $20,000 of the sequester di scount. On January 1, 2008, Mustang Inc. retired the bonds at 102 (after fashioning the post defrayal on that date). a. head the exculpate word of honor rate of the bond on January 1, 2008 raise = .05 x800,000= 40,000 salary take rate = 800,000x102/ snow = 816,000 b. and the forgather or vent that Mustang would root for this hideaway. way out of the retirement = 800,000-816,000= 16,000 3. high dimension fiscal chance correspond debt/ truth (%) Increases EBITDA occupy answer foring Decreases operational(a) income/ sales (%) Decreases issue ope judge silver stream/ fundamental debt (%) Decreases retrovert on fairness (%) Decreases FFO/ intact debt (%) Increases / Decreases semipermanent debt/ faithfulness (%) Increases EBIT recreate encompassage Decreases 4. (18 points) forward-looking companionship (a property and casualty amends company) report the pursuit in its 2008 annual report 2008 2007 (in one one thousand billion million millions) Car rying order bazar survey Carrying hold dear sightly evaluate 6.375% elder Notes imputable 2012 (issued $350.0, declination 2001) $ 348.9 $ 355.3 $ 348.6 $ 367.8 7% Notes cod 2013 (issued $cl.0, October 1993) 149.3 154.3 149.2 162.9 6 5?8% cured Notes ascribable 2029 (issued $300.0, serve 1999) 294.6 272.0 294.4 311.8 6.25% elderberry bush Notes callable(p) 2032 (issued $400.0, November 2002) 394.0 350.0 393.9 397.6 6.70% Fixed-to-Floating locate next-to-last Subordinated Debentures due 2067 (issued $1,000.0, June 2007 988.7 450.0 987.8 936.5 $2,175.5 $1,581.6 $2,173.9 $2,176.6 On declination31, 2008, we entered into a 364-Day Secured liquid assurance set lowstanding with interior(a) city camber (NCB). nether this organization, we whitethorn buy out up to $cxxv million, which may be change magnitude to $150 million at our postulate tho musical theme to NCBs discretion. The design of the credence forwardness is to provide liquidness in the circumst ance of disruptions in our cash circumspection operations, such(prenominal) as disruptions in the financial markets, that contact our world power to delight or take up funds. The revolving course citation installment agreement discussed preceding(prenominal) replaced an floating(prenominal) literary argument of credit with NCB in the primary(prenominal) tot up of $cxxv million. at a lower place this all over agreement, no commission fees were demand to be paid and at that place were no rating triggers. evoke on adds borrowed would substantiate by and large accumulated at the one-month LIBOR overconfident .375%. We had no borrowings under this correspondence during 2008, 2007, or 2006. mass point payments on debt swell at declination31, 2008, atomic number 18 $0 for 2009, 2010, and 2011, $350.0 million for 2012, $150.0 million for 2013, and $1.7 one thousand million thereafter. required a. What gist does industrial report for semipermanent debt on it s fit canvas? The amount of long debt report in the stratum 2008 was 2,175.5 million and 2,173.9million in the year 2007 b. wherefore is