Coursera Operational Finance, Prof. Miguel Antón Week 4 Multiple Choice Solutions CARDBOX FINANCIAL STATEMENTS. (Questions 1 to 10 correspond to INCOME STATEMENT filling in the shaded cells) SOLUTIONS Forecast Dec-09 35,955 29,483 6,472 719 5,034 630 89 1,341 -1,252 -376 -876 BALANCE SHEET All numbers in €(000) Forecast Forecast All numbers in €(000) % of Sales Year Dec-07 Year Dec-08 % Dec-07 % Dec-08 Forecast Dec-09 Sales COGS 45,800 34,100 42,300 33,500 100% 74% 100% 79% Gross Margin Bad Debt Overhead Depreciation 11,700 228 6,620 795 8,800 478 5,950 740 26% 0% 14% 2% 21% 1% 14% 2% Operating Profit Interest Expense 4,057 1.000 1,632 1.253 9% 2% 4% 3% EBIT Taxes 3,057 917 379 114 7% 2% 5% 1% 0% Net income 2,140 265 1%