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Calculate/report at least 4-6 financial statement ratios (over time) that you believe will best help you assess the performance and health of Snyder Gardens. Do

  • Calculate/report at least 4-6 financial statement ratios (over time) that you believe will best help you assess the performance and health of Snyder Gardens.
  • Do you believe Snyder Gardens is doing well or poorly?
  • What is Snyder Gardens main concern (hint: the fact that they seem to be running out of cash), and what do you believe is the driving force for that concern?

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SNYDER GARDENS, INC. 2007 2006 6,271,500 4,666,400 -4,501,200 -3,316,500 1,770,300 1,349,900 -1,513,000 -1,143,500 -37,000 -33,500 -57,650 -42,822 2005 3,917,100 -2,813,700 1,103,400 -980, 100 -30,000 -32,844 162,650 -56,927 105,722 130,078 -45,527 84,550 60,456 -21,160 39,296 2007 2006 INCOME STATEMENT Net Sales -Cost of Goods Sold =Gross Profit -Operating Expenses -Depreciation -Interest Expenses =Pretax Profit Taxes paid =Net Income ASSETS Cash Accounts Receivable Inventory Current Property, Gross -accumulated Depreciation Net Property Total Assets LIABILITIES & NET WORTH Bank Debt Accounts Payable Long Term Debt Total Debt Net Worth Tot Liab + Net Worth 95,700 141,900 745,600 511,500 969,600 785,400 1,810,900 1,438,800 548,900 446,900 - 160,500 -123,500 388,400 323,400 2,199,300 1,762,200 2007 2006 2005 135,300 396,000 551, 100 1,082,400 387,600 -90,000 297,600 1,380,000 2005 379,200 287,100 90,000 756,300 623,700 1,380,000 743,577 526,750 561,750 442,200 80,000 85,000 1,385,327 1,053,950 813,973 708,250 2,199,300 1,762,200

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