Assume that 2011 will be a repeat of 2010 if your answer in


Following are two years of income statements and balance sheets for the Munich Exports Corporation.

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A. Calculate the cash build, cash burn, and net cash burn or build for Munich Exports in 2010.

B. Assume that 2011 will be a repeat of 2010. If your answer in Part A resulted in a net cash burn position, calculate the net cash burn monthly rate and indicate the number of months remaining "until out of cash." If your answer in Part A resulted in a net cash build position,

calculate the net cash build monthly rate and indicate the expected cash balance at the end of2011.

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Finance Basics: Assume that 2011 will be a repeat of 2010 if your answer in
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