A 3 C D E F H K M 5 5 2 Income Statement for year 2011 Vertical 2010 230,000 100.0% 200,000 Vertical Net Sales Revenue (all Credit Sales 100.0% Cost of Goods Sold 165,000 71.7% 150,000 75.0% Gross Profit 65.000 28.3% 50.000 25.0% 9 10 19 12 13 14 15 16 17 Salaries & admin Expense Depreciation Expense Income before Tax 9.500 14,500 41,000 4.15 6.3% 17.8% 10,000 14.000 26.000 5.0% 7.0% 13.0% Tax expense 48% 5,000 2.5% Net Income Shares Outstanding Stock Price 11,000 30020 120.000 16.00 13,0% 522% 0.0% 5 20.000 120,000 12.00 10.5% 60.0% 0.0% 5 2010 19 20 29 22 23 24 25 26 27 20 29 30 31 30 33 34 Horizontal Difference 20,000 14,000 20.000 54.000 13,000 19.000 7.000 39,000 39.45 576% 25.95 41.9% 78,000 (24.000) (18.000) (5.000) 30.0% 1724 Balance sheet year and 2011 Current Assets Cash 33,000 Accounts Receivables, net (2009 ending 20,000) 33 000 Inventory (2009 ending 25.000) 27.000 Total Current Assets 93.000 Property Plant & Equipment 60.000 Accumulated depreciation 129.000) Total Assets 124.000 Accounts Payable 29.000 Income Tax Payable 7,000 Total Current Liabilities 36.000 Bonds Payable 27,000 Total Liabilities 63,000 Common Stock 18,000 Retained Earnings 43,000 Total Liabilities and Shareholders Equity 124,000 2011 108.000 16.000 12.9% 14.000 38 39 15,000 8.000 23.000 33.000 56,000 (1.000) 13,000 (6.000) 7,000 4835 -14.3% 1 22.2% 11.19 41 42 43 45 46 47 14.000 38,000 108,000 4.000 5.000 16.000 22.2% 11.6% 1295 Find 2010 1 Current Ratio 2.58 2.35 Formula: Current Assets divided by current liabilities 2 Debt Ratio Formula totalities total assets 3 Accounts Receivable Turnover 4 Quick ratio (Acid Tost) 98 58 33 98 58 853 Formula: Net credit sales divided by average AR Formula (Cash + AIR + short term investimenta) divided by current liabilities Formula: Profit divided by outstanding shares of common stock Formula Price of stock divided by earnings per share Earning per share (ignore Dividenda) 5 6 Price/Earnings Ratio 7 Inventory Tumover