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Tree Corporation 2000 2001 Assets Current assets Cash $ 15,000.00 Accounts receivable $ 110,000.00 Inventory $ 70,000.00 Total $ 195,000.00 Fixed assets Net plant and
Tree Corporation | ||
2000 | 2001 | |
Assets | ||
Current assets | ||
Cash | $ 15,000.00 | |
Accounts receivable | $ 110,000.00 | |
Inventory | $ 70,000.00 | |
Total | $ 195,000.00 | |
Fixed assets | ||
Net plant and equipment | $ 1,250,000.00 | |
Total assets | $ 1,445,000.00 | |
Liabilities and | 2000 | 2001 |
Owners' Equity | ||
Current liabilities | ||
Accounts payable | $ 10,000.00 | |
Notes payable | $ 25,000.00 | |
Total | $ 35,000.00 | |
Long-term debt | $ 400,000.00 | |
Owners' equity | ||
Common stock | $ 500,000.00 | |
Retained earnings | $ 510,000.00 | |
Total | $ 1,010,000.00 | |
Total liabilities and | $ 1,445,000.00 | |
owners' equity |
Tree Corporation | Benchmark | |||||
Current | 6.8 | |||||
Quick | 4.3 | |||||
Inventory | 2.6 | |||||
Turnover | ||||||
Fixed asset | .7 | |||||
turnover | ||||||
Total asset | .5 | |||||
turnover | ||||||
Total debt to | .43 | |||||
total asset | ||||||
Times interest | 5.3 | |||||
earned | ||||||
Profit margin | .242 | |||||
ROA | .149 | |||||
ROE | .205 | |||||
P/E | 17.7 | |||||
Market/Book | 3.1 | |||||
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