1. Is there an exhibit that seems completely wrong? Why or why not? Do they relate to finance as it is discussed in magazines, newspapers and in radio and TV.
2. Is there an exhibit that seems completely wrong? Why or why not?
3. Can a pro-forma statement based on Percentage of Sales increases be used when there is excess capacity?
4. Auburn Inc. has sales of 8750, costs of 4250, depreciaion of 1200, & interest expense of 980. If the tax rate is 35%, what is the OCF?