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Item Prior year Current year Accounts payable 8,200.00 7,877.00 Accounts receivable 6,079.00 6,568.00 Accruals 966.00 1,620.00 Cash ??? ??? Common Stock 11,962.00 11,240.00 COGS 12,739.00
Item | Prior year | Current year |
Accounts payable | 8,200.00 | 7,877.00 |
Accounts receivable | 6,079.00 | 6,568.00 |
Accruals | 966.00 | 1,620.00 |
Cash | ??? | ??? |
Common Stock | 11,962.00 | 11,240.00 |
COGS | 12,739.00 | 18,302.00 |
Current portion long-term debt | 4,935.00 | 5,038.00 |
Depreciation expense | 2,500 | 2,804.00 |
Interest expense | 733 | 417 |
Inventories | 4,172.00 | 4,781.00 |
Long-term debt | 14,441.00 | 13,820.00 |
Net fixed assets | 50,869.00 | 54,710.00 |
Notes payable | 4,307.00 | 9,802.00 |
Operating expenses (excl. depr.) | 13,977 | 18,172 |
Retained earnings | 28,091.00 | 29,307.00 |
Sales | 35,119 | 46,541.00 |
Taxes | 2,084 | 2,775 |
What is the firm's net income in the current year?
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