1 / 9

NuCo Inc. Financial Statement

NuCo Inc. Financial Statement. Income Statement Balance Sheet Ratios. NuCo Inc. Operating Expenses Salary Expense ($7,500) Advertising Expense ($200) Revenue Sales of Goods $9,500 Service Revenue $42,600 Total Revenue $52,100 Cost of Goods Sold ($6,000) Gross Margin $46,100.

thyra
Download Presentation

NuCo Inc. Financial Statement

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. NuCo Inc.Financial Statement • Income Statement • Balance Sheet • Ratios NuCo Inc.

  2. Operating Expenses Salary Expense ($7,500) Advertising Expense ($200) Revenue Sales of Goods $9,500 Service Revenue $42,600 Total Revenue $52,100 Cost of Goods Sold ($6,000) Gross Margin $46,100 Income Statement

  3. Income Statement • Phone Expense ($800) • Insurance Expense ($500) • Total Operating Expense ($9,000) • Net Income before Interest and Taxes $37,000 • Interest Expense ($500) • Net Income before Taxes $36,600 • Income Tax Expense ($14,640) • Net Operating Income $27,960

  4. Assets Current Assets Cash $52,360 Accounts Receivable $7,000 Inventory $1,000 Prepaid Expenses $1,000 Total Current Assets $61,360 Balance Sheet

  5. Balance Sheet • Long Term Assets • Land $40,000 • Building $60,000 • Total Long Term Assets $100,000 • Liabilities and Stockholders Equity • Liabilities • Current Liabilities • Unearned Revenues $400 • Total current Liabilities $400

  6. Balance Sheet • Non-Current Liabilities • Mortgage Payable $45,000 • Total Non-Current Liabilities $45,000 • Total Liabilities $45,500 • Stockholders, Equity • Common Stock $100,000 • Retained Earnings $15,960 • Total Stockholders’ Equity $115,960 • Total Liability and Stockholders’ Equity $161,360

  7. Liquidity Current Ratio 153.40 Quick Ratio 148.40 Long Term Solvency Ratios Debt Ratio 28% Equity Ratio 72% Long-Term Debt (LTD) Ratio 28% Times Interest Earned 74.20 Ratios

  8. Ratios • Asset Management Ratios • Asset Turnover 0.32 times • Accounts Receivable Turnover 7.44 times • Days, Sales in Receivable 40.04 Days • Asset Management Ratios Cont. • Inventory Turnover 6.00 times • Days’ Sales in Inventory 60.83 days

  9. Ratios • Asset Management Ratios Cont. • Inventory Turnover 6.00 times • Days’ Sales in Inventory 60.83 days • Profitability Ratios • Gross Profit Ratio 88% • Profit Margin 42% • Return on Assets (ROA) 14% • Return on Equity (ROE) 19% • Stock Return Ratios • Dividend Payout 27

More Related