Bellevue University BA222 Granite City Expansion
Question # 00707336
Posted By:
Updated on: 07/20/2018 01:23 PM Due on: 07/20/2018

Granite City Expansion
LEVEL 2- Page 558-560 SUCCEEDING IN BUSINESS WITH EXCEL
Granite
City Books
Financing Options
for Expansion
As of December 31,
2013
(000's omitted)
2011 Changes 2012
% Change Summary Balance Sheet
Total assets
$2,225.00 $2,500.00 $4,725.00
112.36%
Current liabilities
$ 278.00 $ (27.00) $ 251.00
-9.71% Long-term liabilities
550.00 2,500.00 3,050.00
454.55% Total liabilities
828.00 2,473.00 3,301.00
298.67% Common stock
1,000.00 1,000.00
0.00% Preferred stock
Retained earnings
397.00 27.00 424.00
6.80% Total stockholders' equity
1,397.00 27.00 1,424.00
1.93% Total liabilities & stockholders' equity $2,225.00 $2,500.00 $4,725.00
112.36%
Ratio Analysis
Debt-to-equity ratio
59.27%
231.81%
Long-term-debt to equity ratio
39.37%
214.19%
Debt-to-common-equity ratio
82.80%
330.10%
Long-term-debt to common equity 55.00%
305.00%
Common-to-preferred equity
0.00%
0.00%
2011 Changes 2012
% Change Summary Balance Sheet
Total assets
$2,225.00 $2,500.00 $4,725.00
112.36%
Current liabilities
$ 278.00 $ (27.00) $ 251.00
-9.71% Long-term liabilities
550.00 2,500.00 3,050.00
454.55% Total liabilities
828.00 2,473.00 3,301.00
298.67% Common stock
1,000.00 1,000.00
0.00% Preferred stock
Retained earnings
397.00 27.00 424.00
6.80% Total stockholders' equity
1,397.00 27.00 1,424.00
1.93% Total liabilities & stockholders' equity $2,225.00 $2,500.00 $4,725.00
112.36%
Ratio Analysis
Debt-to-equity ratio
59.27%
231.81%
Long-term-debt to equity ratio
39.37%
214.19%
Debt-to-common-equity ratio
82.80%
330.10%
Long-term-debt to common equity 55.00%
305.00%
Common-to-preferred equity
0.00%
0.00%

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Rating:
5/
Solution: Bellevue University BA222 Granite City Expansion