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Please show calculation l. Given the following

Question : Please show calculation l. Given the following : 4043

Please show calculation

l. Given the following balance sheets and income statement for Bernie's Medical Supply Corporation, calculate the following ems a) Free Cash Flow for 2010 b) Return on Invested Capital for 2009 and 2010 c) Market Value added at the end of 2009 and 2010 Bernie's Medical Supply Corporation Balance Sheet as of December 31, 2009 and 2010 (in thousands of dollars 2009 2010 2009 2010 Liabilities & Equity Assets Current assets: Current liabilities Accrued wages and Cash and marketable 76 98 23 124 Securities taxes 246 27 Accounts receivable 32 339 Accounts payable 222 222 Inventory Notes payable 494 548 544 591 Total 938 $1.01 Tota Fixed assets Long-term debt: 937 $963 Gross plant and Stockholders' equity: $1,507 $1,843 equipment Less: Depreciation 26 Preferred stock (10 million shares) S 10 10 Net plant and Common stock and $1,310 $1,582 paid-in surplus 200 200 equipment other long-term (100 million shares) Retained earnings 777 049 220 220 assets Tota $1,530 $1,802 Total 987 $1,259 $2,468 $2,813 Total liabilities and equity Total assets $2,468 $2,813 Bernie's Medical Supply Corporation Income Statement for Years Ending December 31, 2009 and 2010 (in thousands of dollars) 2009 2010 Net sales $1,357 $1,509 Less: Cost of goods sold 40 Gross profits 69 769 Less: Depreciation Earnings before interest and taxes (EBIT) 632 705 Less: Interest Earnings before taxes (EBT) 564 626 Less: Taxes Net income Less: Preferred stock dividends Net income available to common stockholders 364 397 Less: Common stock dividends Addition to retained earnings 239 272

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