($ THOUSANDS) YEAR 1 YEAR 2 9000 18000 6000 6900 1800 9600 12000 21000 48000...

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Finance

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($ THOUSANDS) YEAR 1 YEAR 2 9000 18000 6000 6900 1800 9600 12000 21000 48000 21000 60000 4200 150000 4800 255300 39000 30000 210000 6000 402000 CASH PREPAID EXP SHORT TERM INVESTMENTS ACCOUNTS RECEIVABLE, NET INVENTORIES INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES MARKETABLE SECURITIES MACHINERY AND PLANT,NET PATENTS TOTAL ASSETS LIABILITIES NOTES PAYABLE ACCOUNTS PAYABLE TAXES PAYABLE CURRENT MATURITIES OF LONG-TERM DEBT BONDS PAYABLE INSTALLEMENT NOTES WARRANTIES AND GARRANTIES EQUITY COMMON STOCK ADDITIONAL PAID-IN CAPITAL RETAINED EARNINGS TOTAL LIABILITIES AND EQUITY 6600 30000 30000 9000 36000 27000 39000 12000 27000 26700 45000 57000 42000 57000 24000 24000 30000 255300 39000 45000 51000 402000 INCOME STATEMENTS FOR YEARS ENDED DECEMBER 31, YEAR 1 AND YEAR 2 (S THOUSANDS) YEAR 1 YEAR 2 SALES EBIT 200,000 80,000 20% 300,000 100,000 22% 50,000 TAX RATE NI 40,000 PROVE: NOA = NFO + SE (FOR BOTH YEARS 15 MARKS RNOA FROM FIRST TWO FORMULAS LEARNT IN CLASS 15 MARKS ROCE FROM THE FRIST TWO FORMULA 5 MARKS 5 ANY THREE INSIGHTS FROM THE ABOVE ANAYSIS 5 MARKS 5

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