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Balance sheet @ year end 2011 2010 Current Assets Cash 33,000 20,000 Accounts Receivables, net (2009 ending 20,000) 33,000 14,000 Inventory (2009 ending 25,000) 27,000

Balance sheet @ year end
2011 2010
Current Assets
Cash 33,000 20,000
Accounts Receivables, net (2009 ending 20,000) 33,000 14,000
Inventory (2009 ending 25,000) 27,000 20,000
Total Current Assets 93,000 54,000
Property Plant & Equipment 60,000 78,000
Accumulated depreciation (29,000) (24,000)
Total Assets 124,000 108,000
Accounts Payable 29,000 15,000
Income Tax Payable 7,000 8,000
Total Current Liabilities 36,000 23,000
Bonds Payable 27,000 33,000
Total Liabilities 63,000 56,000
Common Stock 18,000 14,000
Retained Earnings 43,000 38,000
Total Liabilities and Shareholders Equity 124,000 108,000
Find: 2011 2010
1 Current Ratio
2 Price/Earnings Ratio
3 Accounts Receivable Turnover
4 Inventory Turnover
5 Earning per share (Ignore Dividends)
6 Quick ratio (Acid Test)
7 Debt Ratio
8 Do a Horizontal Analysis of the Balance sheet above - difference and % Do it right next to the Balance Sheet
9 Do a Vertical analysis of the Income Statement above Do it right next to the income statement 2011 and 2010

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