Homework answers / question archive / What is the investment in total net operating capital? Use the financial statements below to calculate: Income Statements for Year Ending December 31   (Thousands of Dollars) 2016 2015 Sales $945,000 $900,000 Expenses excluding depreciation and amortization 812,700 774,000   EBITDA $132,300 $126,000 Depreciation and amortization 33,100 31,500   EBIT $99,200 $94,500 Interest Expense 10,470 8,600   EBT $88,730 $85,900 Taxes (40%) 35,492 34,360   Net income $53,238 $51,540 Common dividends $43,300 $41,230 Addition to retained earnings $9,938 $10,310 December 31 Balance Sheets (Thousands of Dollars) Assets 2016 2015 Cash and cash equivalents $47,250 $45,000 Short-term investments 3,800 3,600 Accounts Receivable 283,500 270,000 Inventories 141,750 135,000   Total current assets $476,300 $453,600   Net fixed assets 330,750 315,000 Total assets $807,050 $768,600 Liabilities and equity Accounts payable $94,500 $90,000 Accruals 47,250 45,000 Notes payable 26,262 9,000   Total current liabilities $168,012 $144,000 Long-term debt 94,500 90,000   Total liabilities $262,512 $234,000 Common stock 444,600 444,600 Retained Earnings 99,938 90,000  Total common equity $544,538 $534,600 Total liabilities and equity $807,050 $768,600

What is the investment in total net operating capital? Use the financial statements below to calculate: Income Statements for Year Ending December 31   (Thousands of Dollars) 2016 2015 Sales $945,000 $900,000 Expenses excluding depreciation and amortization 812,700 774,000   EBITDA $132,300 $126,000 Depreciation and amortization 33,100 31,500   EBIT $99,200 $94,500 Interest Expense 10,470 8,600   EBT $88,730 $85,900 Taxes (40%) 35,492 34,360   Net income $53,238 $51,540 Common dividends $43,300 $41,230 Addition to retained earnings $9,938 $10,310 December 31 Balance Sheets (Thousands of Dollars) Assets 2016 2015 Cash and cash equivalents $47,250 $45,000 Short-term investments 3,800 3,600 Accounts Receivable 283,500 270,000 Inventories 141,750 135,000   Total current assets $476,300 $453,600   Net fixed assets 330,750 315,000 Total assets $807,050 $768,600 Liabilities and equity Accounts payable $94,500 $90,000 Accruals 47,250 45,000 Notes payable 26,262 9,000   Total current liabilities $168,012 $144,000 Long-term debt 94,500 90,000   Total liabilities $262,512 $234,000 Common stock 444,600 444,600 Retained Earnings 99,938 90,000  Total common equity $544,538 $534,600 Total liabilities and equity $807,050 $768,600

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What is the investment in total net operating capital? Use the financial statements below to calculate:

Income Statements for Year Ending December 31   (Thousands of Dollars)

2016 2015

Sales $945,000 $900,000

Expenses excluding depreciation and amortization 812,700 774,000  

EBITDA $132,300 $126,000

Depreciation and amortization 33,100 31,500  

EBIT $99,200 $94,500

Interest Expense 10,470 8,600  

EBT $88,730 $85,900

Taxes (40%) 35,492 34,360  

Net income $53,238 $51,540

Common dividends $43,300 $41,230

Addition to retained earnings $9,938 $10,310

December 31 Balance Sheets (Thousands of Dollars)

Assets 2016 2015

Cash and cash equivalents $47,250 $45,000

Short-term investments 3,800 3,600

Accounts Receivable 283,500 270,000

Inventories 141,750 135,000  

Total current assets $476,300 $453,600  

Net fixed assets 330,750 315,000

Total assets $807,050 $768,600

Liabilities and equity

Accounts payable $94,500 $90,000

Accruals 47,250 45,000

Notes payable 26,262 9,000  

Total current liabilities $168,012 $144,000

Long-term debt 94,500 90,000  

Total liabilities $262,512 $234,000

Common stock 444,600 444,600

Retained Earnings 99,938 90,000

 Total common equity $544,538 $534,600

Total liabilities and equity $807,050 $768,600