For the year ended December 31, 2018 2018 585,700 $ 337,580 248,120 $ 120.800 127,320 $ 2017 635,000 354,000 281,000 114,800 166,200 Net Sales Cost of Goods Sold Gross Profit Selling and administrative expense Income from operations Other income and expense Interest Expense Income before taxes Income Tax Net Income $ 10,000 117,320 29,400 87,920 10,000 156,200 39,050 117,150 $ $ The Janowski Group Comparative Balance Sheets December 31, 2018 2018 2017 $ ASSETS Current Assets Cash Short-term investments Accounts receivable (net) Inventory Total current assets Fixed Assets Equipment Accumulated Depreciation 24,800 $ 35,000 69,420 60,000 18,000 6,000 84,000 70,000 189,220 178,000 $ 570,800 $ 82,800 515,400 72,400 Total Fixed Assets Total Assets 488,000 677,220 $ 443.000 621,000 LIABILITIES Current liabilities Accounts Payable Income taxes payable Total current liabilities Bonds Payable Total Liabilities STOCKHOLDER'S EQUITY Common stock (S8 par) Preferred Stock (2%, $20 par) Retained earnings Total Stockholder's Equity Total Liabilities & stockholder's equity 112,500 5 9,600 122,100 120,000 242,100 110,000 15,000 125,000 80,000 205,000 $ 162,000 69,000 204 120 435,120 677,220 156,000 60,000 200,000 416,000 621,000 Common stock - market price per share Common stock - Total Dividends $84.75 $115,000 no of shares @ $6 par 6% dividend Weighted Avg Common Shares Outstanding Average value of CS otustanding no of shares @ $3 par 13 10 Debt-to-Equity Ratio total liabilities total equity n abilites = 14 11 15 11 Earnings per Share net income - Prffered dividends Weighted average common shores outstanding Price-Earnings Ratio (PE Ratio) i market price per common share Earnings per share annual cash dividends per share Dividend Yield market price per share 16 11 27 11 Book Value per Share share holders equity applicable to common shares number of common shares outstanding