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Calculate values and analyse in Yellow INCOME STATEMENT % Change Discovery Manufacturing 2017 to 2018 LINE BY LINE ANALYSIS COMPARED TO DISCOVERY'S % CHANGE IN

Calculate values and analyse in Yellow

INCOME STATEMENT % Change Discovery Manufacturing 2017 to 2018 LINE BY LINE ANALYSIS COMPARED TO DISCOVERY'S % CHANGE IN SALES BETTER, SAME AS, WORSE than Discovery's % Change in Sales
Total sales
Cost of goods sold Better
Administrative expense Better
EBITDA
EBIT
Interest expense
EBT
Net income
Dividends
Additions to Retained Earnings
BALANCE SHEET % Change Discovery Manufacturing 2017 to 2018 LINE BY LINE ANALYSIS COMPARED TO DISCOVERY'S % CHANGE IN SALES BETTER, SAME AS, WORSE than Discovery's % Change in Sales
ASSETS
Cash
Accounts receivable
Inventory
Total Current Assets
Net fixed assets
TOTAL ASSETS
LIABILITIES & STOCKHOLDERS' EQUITY
Accounts payable
Notes payable
Total Current Liabilities
Long-term debt
TOTAL LIABILITIES
Retained earnings*
TOTAL STOCKHOLDERS' EQUITY
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY

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Discovery Manufacturing, Inc. INCOME STATEMENT 2017 2018 Total sales Cost of goods sold Administrative expense Earnings before interest, taxes, depreciation & amortization (EBITDA) $53,037,400 $63,412,800 39,742,800 36,236,600 5,103,800 5,985,800 11,697,000 17,684,200 Depreciation Earnings before interest & taxes.(EBIT) Interest expense Earnings Before Taxes (EBT) Taxes Net income Dividends Additions to Retained Earnings 714,800 926,300 16,757,900 10,982,200 937,000 1,290,800 10,045,200 15,467,100 4,872,100 3,164,200 6,881,000 10,595,000 2,752,400 4,238,000 4,128,600 6,357,000 Discovery Manufacturing, Inc. BALANCE SHEET 2017 2018 ASSETS Cash $750,500 $1,967,400 Accounts receivable 12,676,200 15,518,500 Inventory Total Current Assets 11,239,600 24,666,300 23,827,400 $48,493,700 LIABILITIES & STOCKHOLDER'S EQUITY 15,623,900 33,109,800 26,465,000 $59,574,800 Net Fixed Assets TOTAL ASSETS Accounts payable Notes payable $4,839,100 5,687,100 $5,013,500 7.447,100 12,460,600 12,105,000 24,565,600 5,250,000 29,759,200 35,009.200 Total current liabilities 10,526,200 9,315,300 19,841,500 Long-term debt TOTAL LIABILITIES Common stock 5,250,000 Retained earnings* 23,402,200 TOTAL STOCKHOLDERS' EQUITY 28,652.200 TOTAL LIABILITIES & STOCKHOLDER'S EQUITY $48,493,700 $59,574,800

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