In: Finance
Category | Prior Year | Current Year |
Accounts payable | ??? | ??? |
Accounts receivable | 320,715 | 397,400 |
Accruals | 40,500 | 33,750 |
Additional paid in capital | 500,000 | 541,650 |
Cash | 17,500 | 47,500 |
Common Stock | 94,000 | 105,000 |
COGS | 328,500 | 430,380.00 |
Current portion long-term debt | 33,750 | 35,000 |
Depreciation expense | 54,000 | 54,221.00 |
Interest expense | 40,500 | 42,028.00 |
Inventories | 279,000 | 288,000 |
Long-term debt | 335,365.00 | 400,331.00 |
Net fixed assets | 946,535 | 999,000 |
Notes payable | 148,500 | 162,000 |
Operating expenses (excl. depr.) | 126,000 | 161,395.00 |
Retained earnings | 306,000 | 342,000 |
Sales | 639,000 | 852,776.00 |
Taxes | 24,750 | 48,765.00 |
Balance Sheet | |||||
Prior Year $ | Current Year $ | Prior Year $ | Current Year $ | ||
Cash (Balance Figure) | 17,500 | 47,500 | Accruals | 40,500 | 33,750 |
Accounts Rec | 320,715 | 397,400 | Accounts Payable(Balance Figure) | 105,635 | 112,169 |
Inventory | 279,000 | 288,000 | Current Portion of Long Term Debt | 33,750 | 35,000 |
Notes Payable | 148,500 | 162,000 | |||
Long term Debt | 335,365 | 400,331 | |||
Total Current Assets | 617,215 | 732,900 | |||
Common Stock | 94,000 | 105,000 | |||
Net Fixed Assets | 946,535 | 999,000 | Additional Paid in Capital | 500,000 | 541,650 |
Retained earnings | 306,000 | 342,000 | |||
Total Assets | 1,563,750 | 1,731,900 | Total liabilities and Equity | 1,563,750 | 1,731,900 |