McCormick Enterprises LTD Balance Sheet 2019 ASSETS Cash Marketable Securities Accounts Receivable 1,548, 159 200,000 9,610 325 550 328 Inventory Other Current Assets Total Current Assets NA 11.908.811 29,753.625 Foxed Assets Other Assets TOTAL ASSETS 41662,430 LABILITIES AND SHAREHOLDERS EQUITY Accounts Payable 890,000 5.186.000 Other Current Labetes Total Current is Total Current Liabilities 5,986,000 Long Term Debt 20,144,000 TOTAL LIABILITIES 26,130,000 SHARE CAPITAL(1,000,000 shares) RETAINED EARNINGS 8,000,000 7,532,436 TOTAL EQUITY 15,532,436 TOTAL LIABILITIES & SHAREHOLDERS EQUITY 41,664,436 McCormick Enterprises LTD Income Statement 2019 Sales $14348,418 Cost of Goods Sold 7,767,687 Gross Margin 5,578,731 Expenses 2.642 189 ILUSID & HOLDERS' EQUITY 41,054,436 McCormick Enterprises LTD Income Statement 2010 Sales $14,40,418 7,707,687 Cost of Goods Sold Gross Margin 6,578,731 Expenses 2,642,188 3,935545 753,687 Operating Income Interest Expense Income before Taxes income taxes Common Stock Dividends 3.182,856 1273,145 1 009 714 350.000 Net Print 51 559 714 CALCULATE INVENTORY/WORKING CAPITAL 0.000 00290 10.10