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Prepare a financial analysis of this company and comment on its status and performance. ACCT 335 Show all of your work. Assets Quiz #3
Prepare a financial analysis of this company and comment on its status and performance. ACCT 335 Show all of your work. Assets Quiz #3 Name Liabilities and Owner's Equity A/P $60,000 Cash A/R $1,000 6,500 LT Debt 100,000 Total Debt 160,000 Inventory 112,500 CS, pan 2,000 Prepaids 12,000 PIC 50,000 Fixed Assets 200,000 R/E 50,000 Accum Depreciation (70,000) Total Equity $102,000 Total Assets $262,000 Total Liabilities and Owners Equity $262,000 Sales COGS $650,000 320.000 Gross Profit Open Exp 330,000 -120,000 Depreciation -10,000 EBIT 200,000 Interest -10,000 EBT 190,000 Taxes -40,000 Net Income $150,000 Prepare a financial analysis of this company and comment on its status and performance.
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