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--------------------------------- 2017 -- 2018 Cash 3,000 835,313 Accounts Receivable 3,000 3,300 Inventory 10,000 11,000 Prepaid Assets 2,000 2,200 Other Assets 6,000 6,600 Total Current Assets
--------------------------------- 2017 -- 2018
Cash | 3,000 | 835,313 |
Accounts Receivable | 3,000 | 3,300 |
Inventory | 10,000 | 11,000 |
Prepaid Assets | 2,000 | 2,200 |
Other Assets | 6,000 | 6,600 |
Total Current Assets | 24,000 | 858,413 |
Net PPE | 50,000 | 36,000 |
Intangibles | 4,000 | 4,000 |
Total Assets | 78,000 | 898,413 |
Accounts Payable | 6,000 | 6,600 |
Salary Payable | 10,000 | 11,000 |
Notes Payable | 9,000 | 9,000 |
Total Current Liabilities | 25,000 | 26,600 |
Long-Term Debt | 50,000 | 50,000 |
Total Liabilities | 75,000 | 76,600 |
Common Stock | 30,000 | 30,000 |
Retained Earnings | -27,000 | 791,813 |
total equity | 3,000 | 821,813 |
2018 | |
---|---|
Sales | 2,173,000 |
COGS | 456,330 |
Gross Profit | 1,716,670 |
SG&A | 19,000 |
Other Operating Expenses | 13,000 |
Depreciation | 5,000 |
Interest | 5,034 |
Taxes | 611,242 |
Net Income | 1,063,394 |
dividends | 244,581 |
Calculate Operating Cash Flow (OCF).
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