Toy World V XLSX

Title	Toy World V
Author	Ryan Fitzler
File Size	37.9 KB
File Type	XLSX
Total Downloads	266
Total Views	820

Summary

Description

Income Statement 1991 1992 1993 Projected Level Net sales $ 5,213 $ 6,167 $ 7,967 10000 10000 Cost of goods sold $ 3,597 $ 4,440 $ 5,577 7000 6510 Gross profit $ 1,616 $ 1,727 $ 2,390 3000 3490 Operating Expenses $ 1,199 $ 1,542 $ 1,912 2400 2025 Interest expense $ 68 $ 75 $ 85 95 95 Interest Income $ 20 $ 15 $ 16 28 $ 26 Profit before taxes $ 369 $ 125 $ 409 533 $ 1,396 Federal income tax $ 125 $ 43 $ 139 182 $ 475 Net Profit $ 244 $ 82 $ 270 351 $ 921 Balance Sheet 1993 1994 Cash $ 200 $ 200 Accounts receivaiable $ 2,905 $ 3,400 Inventory $ 586 $ 586 Current assets $ 3,691 $ 4,186 Plant and equipment, net $ 1,176 $ 1,176 Total assets $ 4,867 $ 5,362 Accounts payable $ 282 $ 334 Notes payable bank $ 752 $ 942 Accured taxes $ 88 $ 40 Long-term, current portion $ 50 $ 50 Current liatilites $ 1,172 $ 1,366 Long-term debt $ 400 $ 350 Shareholders equity $ 3,295 $ 3,646 $ 4,867 $ 5,362 Total liabilities and shareholders equilty...