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a) What is Net Working Capital and Net Operating Working Capital for 2015 and 2016?
b) Does Cash Conversion Cycle improve over the year?
c) What was the free cash flow in 2016?
Please show calculations and all work. Thank you
EXHIBIT 82 SAMPLE INCOME STATEMENT FOR THE YEAR ENDING DECEMBER31 2016 2015 CHANGE REVENUES COST OF GOODS SOLD GROSS PROFIT OPERATING EXPENSES DEPRECIATION OPERATING INCOME/EBIT INTEREST EXPENSE NET PROFIT BEFORE TAXES PROVISION FOR INCOME TAXES NET INCOM SHARES OUTSTANDING EARNINGS PER SHARE (EPS) $ 15,000,000 12,500,000 2,500,000 800,000 700,000 500,000 50,000 150,000 55,000 95,000 80,000 15,000 9,200,000 7,400,000 s 5,800,000 $ 5,100,000 $ ,000,000 200,000 3,500,000 150,000 1,600,000 $ 1,450,000 $ 1300,000 1,205,000 850,000 835,000 $ 300,000 245,000 450,000 370,000 100,000 100,000 $8.50 $8.35 0.15 2016 2015 CHANGE TATEMENT OF RETAINED EARNINGS BEGINNING RETAINED EARNINGS EARNINGS AVAILABLE FOR COMMON SHAREHOLDERS COMMON STOCK DIVIDENDS PAID ADDITION TO RETAINED EARNINGS ENDING RETAINED EARNINGS $4,300,000 3,715,000$ 585,000 15,000 835,000 250,000 600,000$ 585,000 $ 850,000 250,000 15,000 s 4,900,000 $ 4,300,000 s 600,000
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