Financial 2010 Forecasted 2010 Forecasted Statements 2009 Actual Financial Ratios Financial Ratles Fin . Statements Income Statement 52090 050 1035 increase 2403 020 COGS $1 709 090 8535 of sales B 4 0 035 52 016 020 Gross Profit 5309 090 $384, 090 SGRA 5209 090 1035 of sales 9 5035 5228, 090 5109 090 5156 090 Interest Expense 520 020 35 ofall loans 5 0 523 067 580 090 $132 933 TAX 4036 532 020 $53 , 173 Net Income 548 090 579 760 Dividend 524, 020 5035 payout 531, 904 Add to retained earnings 524 020 547 855 74 Balance Sheet Assets Current Assets $50, 090 DSIC = 9, 13 $59 , 17BOB Accounts Receivable 5109, 020 DSD = 18 . 2 124 931. 5 Inventories 5250 090 TO = B 526 6 , GEE . 6 7 Total Current Assets 5409 090 5450 776 Net Fixed Assets $500,000 AT = 4 5600 090 .09 Total Assets 5909 020 51 050 , 276 Liabilities and Owners Equity Current Liabilities Bank loan 550 090 no new loans no new loans $50 090 Accounts payable $150 090 32.21 DRO 518 2 268 . 49 Accrued Wages $5 090 grow with sales 208 56 020 Total current liabilities $205 090 5238, 268 Long-term deb 5350 090 AFN needed AFN needed ? 5350 090 Common Stock $150 090 no new shares issued no new shares 5150 090 Retained earnings 5195, 090 5242 , BSE Total liabilities and owners equity 5900 090 5981 12 AFN 65 652 02