1) Assets Cash Accounts Recievable Inventory Gross Fixed Assets Accumulated Depreciation Total Assets Liabilities 81 Equities Accounts Payable Accruals Longiterm Bonds Total Equity Total Liabilities and Equity Sales Cost of Goods Sold Operating Expenses Depreciation Interest Expense Pre-Tax Profit Income Tax Expense (40% tax rate Net Income before taxes 2) Assets Cash Accounts Recievable Inventory Gross Fixed Assets Accumulated depreciation Total Assets Liabilities 81 Equities Accounts Payable Accruals Long-term Bonds Total Equity Total Liabilities and Equity Sales Cost of Goods Sold Operating Expenses Depreciation Interest Expense Pre-Tax Profit Income Tax Expense (40% tax rate Net Income 3} Operating Acvitives: Net Income Adjustments to convert net income to Cash Depreciation Increase in accounts receivable Increase in inventory Increase in accounts payable decrease in Accrued liabilities Total Operating Inveting Activities: Total Investing Total Financing Activities Issuance of common stock Dividends Paid Total Financing Activities Beginning Cash and cash equivalents Ending cash and cash equivalents Northern Manufacturing Common-Size Balance Sheet 2019 2018 2017 2018 $ 200.00 $ 500.00 $ 980.00 $ 955.00 $ 7,300.00 $ 6,250.00 $ 3,570.00 $ 3,103.00 $ 6,470.00 $ 5,180.00 $ 3,033.00 $ 2,890.00 $ 9,000.00 $ 7,500.00 $ 6,650.00 $ 5,800.00 $ (3100.00) $ (2 400.00) $ (1750.00) $ (1150.00) '5 19,870.00 '5 17,030.00 '5 12,483.00 '5 11,598.00 2019 2018 2017 2018 $ 2,210.00 $ 1,880.00 $ 1,850.00 $ 1,880.00 $ 220.00 $ 850.00 $ 742.00 $ 385.00 $ 12,335.00 $ 11,320.00 $ 7,891.00 $ 7,805.00 $ 5105.00 $ 3000.00 $ 2200.00 $ 1548.00 $ 19,870.00 $ 17,030.00 $ 12,483.00 $ 11,598.00 Northern Manufacturing Common-Size Income Statement 2019 2018 2017 $22,580 $20,510 $17,850 11,508 10,885 9,100 5,332 5,702 5,180 700 650 600 L m M $3,842 $2,583 $2,170 LE LE @ $2,305 $1,550 $1,302 Northern Manufacturing Comparitive Balance Sheet 2019 est. 2018 2017 $ 200.00 $ 500.00 $ 980.00 $ 7,300.00 $ 6,250.00 $ 3,570.00 $ 8,470.00 $ 5,180.00 $ 3,033.00 $ 9,000.00 $ 7,500.00 $ 8,850.00 $ (3,100.00) $ (2,400.00) $ (1,750.00) 5 19,870.00 '3 17,030.00 '3 12,483.00 2019051. 2018 2017 $ 2,210.00 $ 1,860.00 $ 1,650.00 $ 220.00 $ 850.00 $ 742.00 $ 12,335.00 $ 11 ,320.00 $ 7,891.00 $ 5 105.00 $ 3 000.00 $ 2 200.00 $ 19,870.00 '$ 17,030.00 '$ 12,483.00 Norther Manufacturing Comparative Income Statement and Reconciliation of Retained Earnings 2019 est. 2018 $22,580 $20,510 1 1 ,508 10,885 5,332 5,702 700 850 L m $3,842 $2,583 LE LE $2,305 $1,550 Norther Manufacturing Statement of Cash Flow572019 est. 2305 700 4050 4290 350 7630 385 51,000 -1200 -200 500 200 185 2017 $17,850 9,100 5,180 600 m $2,170 @ $1,302
