Toys Company Tots Company - Balance Sheet Assets - Cash Assets Accounts Receivable Year 1 Year 2 Analysis Year 1 Year 2 Analysis 300 550 83% 300 550 83% 300 400 33% 300 750 150% - Assets Long-term Assets 600 1100 83% 600 1100 83% 1200 2050 71% 1200 2400 100% Liabilities - Current 450 850 89% 450 850 89% Liabilities - Long-term 230 430 87% 230 430 87% Liabilities 680 1280 88% 680 1280 88% Stockholders Equity 550 900 64% 550 1100 100% Liabilities and Stockholders 1230 2180 64% 1230 2380 100% Equity Income Statement Revenues 1300 2300 77% 1300 2600 100% Costs of Good Sold 550 1000 82% 550 1000 82% Gross Profit 750 1300 73% 750 1600 113% Operating Expenses 600 1090 82% 600 1090 82% Operating Income 150 210 40% 150 510 240% Statement of Cash Flows Operating Income 150 210 40% 150 510 240% Depreciation *Operating Cash 25 45 80% 30 -160 -633% Operating Cash Flows 125 165 32% 120 670 458%