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Item Prior year Current year Accounts payable 8,115.00 7,807.00 Accounts receivable 6,075.00 6,725.00 Accruals 1,003.00 1,659.00 Cash ??? ??? Common Stock 11,923.00 11,485.00 COGS 12,794.00
Item | Prior year | Current year |
Accounts payable | 8,115.00 | 7,807.00 |
Accounts receivable | 6,075.00 | 6,725.00 |
Accruals | 1,003.00 | 1,659.00 |
Cash | ??? | ??? |
Common Stock | 11,923.00 | 11,485.00 |
COGS | 12,794.00 | 18,011.00 |
Current portion long-term debt | 4,900.00 | 4,974.00 |
Depreciation expense | 2,500 | 2,850.00 |
Interest expense | 733 | 417 |
Inventories | 4,218.00 | 4,777.00 |
Long-term debt | 14,329.00 | 14,038.00 |
Net fixed assets | 50,507.00 | 54,080.00 |
Notes payable | 4,312.00 | 9,965.00 |
Operating expenses (excl. depr.) | 13,977 | 18,172 |
Retained earnings | 28,274.00 | 30,469.00 |
Sales | 35,119 | 46,905.00 |
Taxes | 2,084 | 2,775 |
What is the firm's net income in the current year?
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