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The condensed comparative statements of Uranium Mining Corporation follow: Uranium Mining Corporation Income Statement ($000) For Years Ended December 31 2020 2019 2018 2017 2016
The condensed comparative statements of Uranium Mining Corporation follow:
Uranium Mining Corporation | |||||||||||||||||||||||||||
Income Statement ($000) | |||||||||||||||||||||||||||
For Years Ended December 31 | |||||||||||||||||||||||||||
2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |||||||||||||||||||||
Net sales | $ | 1,097 | $ | 978 | $ | 902 | $ | 838 | $ | 792 | $ | 746 | $ | 644 | |||||||||||||
Cost of goods sold | 723 | 594 | 516 | 456 | 426 | 401 | 335 | ||||||||||||||||||||
Gross profit from sales | $ | 374 | $ | 384 | $ | 386 | $ | 382 | $ | 366 | $ | 345 | $ | 309 | |||||||||||||
Operating expenses | 239 | 195 | 182 | 143 | 129 | 127 | 113 | ||||||||||||||||||||
Profit | $ | 135 | $ | 189 | $ | 204 | $ | 239 | $ | 237 | $ | 218 | $ | 196 | |||||||||||||
Uranium Mining Corporation | |||||||||||||||||||||||||||
Balance Sheet ($000) | |||||||||||||||||||||||||||
December 31 | |||||||||||||||||||||||||||
2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |||||||||||||||||||||
Assets | |||||||||||||||||||||||||||
Cash | $ | 48 | $ | 60 | $ | 62 | $ | 63 | $ | 66 | $ | 65 | $ | 67 | |||||||||||||
Accounts receivable, net | 302 | 316 | 288 | 224 | 199 | 189 | 136 | ||||||||||||||||||||
Inventory | 1,064 | 779 | 683 | 580 | 523 | 447 | 333 | ||||||||||||||||||||
Other current assets | 35 | 32 | 21 | 33 | 30 | 30 | 19 | ||||||||||||||||||||
Non-strategic investments | 0 | 0 | 0 | 96 | 96 | 96 | 96 | ||||||||||||||||||||
Plant and equipment, net | 1,342 | 1,338 | 1,181 | 696 | 717 | 646 | 564 | ||||||||||||||||||||
Total assets | $ | 2,791 | $ | 2,525 | $ | 2,235 | $ | 1,692 | $ | 1,631 | $ | 1,473 | $ | 1,215 | |||||||||||||
Liabilities and Equity | |||||||||||||||||||||||||||
Current liabilities | $ | 686 | $ | 577 | $ | 385 | $ | 322 | $ | 282 | $ | 268 | $ | 177 | |||||||||||||
Non-current liabilities | 730 | 638 | 621 | 296 | 302 | 326 | 252 | ||||||||||||||||||||
Common shares | 820 | 820 | 820 | 692 | 692 | 560 | 560 | ||||||||||||||||||||
Retained earnings | 555 | 490 | 409 | 382 | 355 | 319 | 226 | ||||||||||||||||||||
Total liabilities and equity | $ | 2,791 | $ | 2,525 | $ | 2,235 | $ | 1,692 | $ | 1,631 | $ | 1,473 | $ | 1,215 | |||||||||||||
Required: Calculate trend percentages for the items of the statements using 2014 as the base year. (Round your final percentage answers to 1 decimal place.)
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