Adam Bookstore Inc Financial Information For the Years 2019 and 2020 ($000's) 2020 2019 Belongs to Sales 2900000 2350000 Marketable Securities 25000 21000 BS CA Accounts Payable 505000 310000 Depreciation 62000 58000 Common Stock ($2 par) BS OE Accumulated Depreciation 547000 485000 Cash 52000 41000 Interest Expense 112000 68000 Inventory 515000 420000 Long term Debt 1168100 1061000 Cost of Goods Sold 2030000 1645000 Lease Expense 65000 65000 IS Retained Earnings 536000 Plant Equipment 2680000 2170000 Accounts Receivable 420000 372000 Accrued Expenses 35000 30000 BS CL Selling Admin Expense 425000 390000 Additional Paid in Capital 691000 542000 BS OE Note 1 Tax Rate 0 35 0 35 Shares 38000 30000 Earnings per Share 3 523684211 2 686666667 No dividend distributed in 2020 Create Income Statement for 2020 and 2019 (15 Points) Create Balance Sheet for 2020 and 2019 (15 Points) Create Cash Flow Statement for 2020 (25 Points) Calculate one ratio for each category for the year of 2020 and 2019 (15 Points) Liquidity, Efficiency, Leverage, Coverage, and Profitability Ratios Discuss two of the ratios you calculated in question (d) Is this high low etc What factors might affect the ratios you are discussing Give a few examples (10 Points)

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Posted on Oct 03, 2024

Adam Bookstore Inc. Financial Information For the Years 2019 and 2020 ($000's)
	2020	2019	Belongs to
Sales	2900000	2350000
Marketable Securities	25000	21000	BS/CA
Accounts Payable	505000	310000
Depreciation	62000	58000
Common Stock ($2 par)	?	?	BS/OE
Accumulated Depreciation	547000	485000
Cash	52000	41000
Interest Expense	112000	68000
Inventory	515000	420000
Long-term Debt	1168100	1061000
Cost of Goods Sold	2030000	1645000
Lease Expense	65000	65000	IS
Retained Earnings	?	536000
Plant & Equipment	2680000	2170000
Accounts Receivable	420000	372000
Accrued Expenses	35000	30000	BS/CL
Selling & Admin. Expense	425000	390000
Additional Paid-in-Capital	691000	542000	BS/OE
Note 1:
Tax Rate	0.35	0.35
Shares	38000	30000
Earnings per Share	3.523684211	2.686666667
No dividend distributed in 2020

Create Income Statement for 2020 and 2019 (15 Points)
Create Balance Sheet for 2020 and 2019 (15 Points)
Create Cash Flow Statement for 2020 (25 Points)
Calculate one ratio for each category* for the year of 2020 and 2019 (15 Points)

* Liquidity, Efficiency, Leverage, Coverage, and Profitability Ratios.

Discuss two of the ratios you calculated in question (d). Is this high/low etc.? What factors might affect the ratios you are discussing? Give a few examples. (10 Points)