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M & M Foods 2010 2011 Sales $5,831 $6,423 COGS 3,670 4,109 Interest 291 280 Depreciation 125 122 Cash 250 313 Accounts Receivable 1,092 1,162

M & M Foods

2010 2011

Sales $5,831 $6,423

COGS 3,670 4,109

Interest 291 280

Depreciation 125 122

Cash 250 313

Accounts Receivable 1,092 1,162

Current Liabilities 717 1,051

Inventory 1,495 1,521

Long-term Debt. 2,400 1,100

Net Fixed Assets 4,006 4,123

Common Stock 1,900 2,100

Taxes 590 670

1. Construct the income statement and the balance sheet for M&M Foods.

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