Test
Autor: hoxton001 • July 1, 2016 • Annotated Bibliography • 269 Words (2 Pages) • 700 Views
Assets
Cash 48 41 1.5% of sales 54 72 97
Accounts receivable, net 222 317 12% of sales 423 567 760
Inventory 326 418 16% of sales 558 748 1,002
Current assets 596 776 1,035 1,387 1,859 = [14] + [15] + [16]
Property, net 140 157 5.8% of sales 209 280 375
Total assets 736 933 1,244 1,667 2,234 = [17] + [18]
Liabilities & Net Worth
Notes payable (NP), bank 146 233 Assignment 465 465 465
Additional req. financing Plug 1 255 582
Accounts payable 192 256 45 days 337 452 605
Accrued expenses 30 39 0.0% of sales - - -
Long-term debt, cur. portion 7 7 7 7 7
Current liabilities 375 535 809 1,179 1,659 = sum [20] to [24]
Long-term debt (LTD) 57 50 43 36 29 = prev LTD - [24]
Total liabilities 432 585 852 1,215 1,688 = [25] + [26]
Net worth (NW) 304 348 392 452 546 = prev NW + [11]
Total liabilities and NW 736 933 1,244 1,667 2,234 = [27] + [28]
Note: Total debt 290 516 763 1,083 = [20] + [21] + [24] + [26]
Note:
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