Exhibit 10 BMC CORPORATION BAIANCE SHEET
FISCAL YEAR ENDING 12/31/2004
(DOLIARS IN

question 85

Multiple Choice

Exhibit 10.1
Use the Information Below for the Following Problem(S)
BMC CORPORATION INCOME STATEMENT
FISCAL YEAR ENDING 12/31/2004
(DOLLARS IN THOUSANDS)
$\begin{array}{l}\text { Net Sales } &&&&&&&&&&&&& \$ 1025 \\\text { Cost of Goods Sold } &&&&&&&&&&&&& \underline{682} \\\text { Gross Profit Margin } &&&&&&&&&&&&& 343 \\\text { Depreciation } &&&&&&&&&&&&& 31 \\\text { Operating Expense } &&&&&&&&&&&&& 103 \\\text { Administrative Expense } &&&&&&&&&&&&& \underline{127} \\\text { Operating Profit } &&&&&&&&&&&&& 82 \\\text { Interest } &&&&&&&&&&&&& \underline{27} \\\text { Profit Before Tax } &&&&&&&&&&&&& 55 \\\text { Taxes } &&&&&&&&&&&&& \underline{17} \\\text { Net Income } &&&&&&&&&&&&& \$ 38\end{array}$
BMC CORPORATION BAIANCE SHEET
FISCAL YEAR ENDING 12/31/2004
(DOLIARS IN THOUSANDS)

$\begin{array}{lrlr}\begin{array}{c}Assets\\Cash\\Accts rec\\Inventory\\\text{Ttl cur assts}\\\text{Net fixed assets}\\\\\\\\\\\text{Total assets}\\\\\end{array}\begin{array}{c}\$61\\286\\354\\\hline701\\ 802\\\hline\\\\\\\\\$ 1503\\\end{array}\begin{array}{c}Liabilities\\\text{Notes payable}\\\text{Accounts payable}\\Accruals\\\text{Total current liabilities}\\\text{Long term debt}\\\text{Common stock (\$1.50 par) }\\\text{Paid in surplus}\\\text{Retained earnings}\\\text{Total liabilities and}\\\text{Stockholders' equity}\\\\\end{array}\begin{array}{c}\$ 223 \\152 \\32 \\\hline 407\\306 \\102 \\226 \\462 \\\hline\\\$ 1503\end{array}\end{array}$
-Refer to Exhibit 10.1.What was BMC'S fixed asset turnover ratio?

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Definitions:

Bright Light

Intense illumination, often used therapeutically to treat seasonal affective disorder or to adjust circadian rhythms.

Circadian Rhythm

An innate, internal method that arranges the sequence of sleep and wakefulness, occurring approximately every 24 hours.

Hypnagogic Sensations

Experiences occurring at the onset of sleep, including visual, auditory, or physical sensations that can seem vividly real.

Alpha Wave

A type of brainwave detected by an EEG that occurs when a person is relaxed, but alert, typically with closed eyes.