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-------------------------------------- 2017 -- 2018 Cash 4,000 671,139 Accounts Receivable 1,000 1,010 Inventory 3,000 3,030 Prepaid Assets 7,000 7,070 Other Assets 8,000 8,080 Total Current Assets
-------------------------------------- 2017 -- 2018
Cash | 4,000 | 671,139 |
Accounts Receivable | 1,000 | 1,010 |
Inventory | 3,000 | 3,030 |
Prepaid Assets | 7,000 | 7,070 |
Other Assets | 8,000 | 8,080 |
Total Current Assets | 23,000 | 690,329 |
Net PPE | 30,000 | 24,000 |
Intangibles | 7,000 | 7,000 |
Total Assets | 60,000 | 721,329 |
Accounts Payable | 2,000 | 2,020 |
Salary Payable | 9,000 | 9,090 |
Notes Payable | 2,000 | 2,000 |
Total Current Liabilities | 13,000 | 13,110 |
Long-Term Debt | 100,000 | 100,000 |
Total Liabilities | 113,000 | 113,110 |
Common Stock | 70,000 | 70,000 |
Retained Earnings | -123,000 | 538,219 |
total equity | 53,000 | 608,219 |
2018 | |
---|---|
Sales | 2,489,000 |
COGS | 970,710 |
Gross Profit | 1,518,290 |
SG&A | 18,000 |
Other Operating Expenses | 19,000 |
Depreciation | 3,000 |
Interest | 3,508 |
Taxes | 390,817 |
Net Income | 1,083,965 |
dividends | 422,746 |
Calculate Operating Cash Flow (OCF).
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