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[This section should center on your analysis of the financial performance of the company based on the statements you prepared. Discuss key points on your
[This section should center on your analysis of the financial performance of the company based on the statements you prepared. Discuss key points on your observations of results: Is the company operating profitably (what percent of revenues result in profitet income)? How well poised are they to meet liabilities (discuss liquidity and current ratio)?.]
Please provide what percent of revenues result in profit income, liquidity and current ratio
A Company Income Statement For Month ending 3/31/20XX Revenues \begin{tabular}{|c|lr|} \hline Service Revenue & $ & 6,225.00 \\ \hline Total Revenues & & \\ \hline \end{tabular} Operating Expenses: Business License Expense Rent Expense Advertisement Expense Insurance Expense Utilities Expense Repairs and Maintenance Expense Wages Expense Depreciation Expense Total Operating Expenses: 3,000.83 Net Income 3,224.17 A Company Balance Sheet As of March 31, 20XX Assets Liabilities and Owners' Equity Current Assets: Current Liabilities: \begin{tabular}{|l|r|} \hline Cash & 138,515.00 \\ \hline Accounts Receivable & 3,500.00 \\ \hline Office Supplies & 215.00 \\ \hline Prepaid Rent & 950.00 \\ \hline & \\ \hline Total Current Assets & 143,180.00 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Accounts Payable & 135.00 \\ \hline Wages Payable & 275.00 \\ \hline Total Current Liabilities & 410.00 \\ \hline \multicolumn{1}{|l|}{ Long Term Liabilities: } \\ \hline Notes Payable & 125,000.00 \\ \hline Total Long Term Liabilities: & 125,000.00 \\ \hline \end{tabular} Total Liabilities: Owner's Equity Non-Current Assets: \begin{tabular}{|l|r|} \hline Owners Capital & 20,474.17 \\ \hline & \\ \hline & \\ \hline Total Equity & 20,474.17 \\ \hline \end{tabular} Total Assets: 145,884.17 \begin{tabular}{|l|r|} \hline Total Liabilities \& Equity & 145,884.17 \\ \hline \end{tabular}
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