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CP1-2

CP1-2. Heather Broadwell Jimmy Ha Linda Yin William Quan Brittany Spangler. QUESTION # 1. What is the amount of net income for the most recent year?. ANSWER. Net Income for Year end 1/29/05 $213,343. QUESTION #2. What amount of revenue was earned in the most recent year?. ANSWER.

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CP1-2

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  1. CP1-2 Heather Broadwell Jimmy Ha Linda Yin William Quan Brittany Spangler

  2. QUESTION # 1 • What is the amount of net income for the most recent year?

  3. ANSWER Net Income for Year end 1/29/05 $213,343

  4. QUESTION #2 • What amount of revenue was earned in the most recent year?

  5. ANSWER Revenue for Year-end 1/29/05 $1,881,241

  6. QUESTION # 3 • How much inventory (in dollars) does the company have as of January 29, 2005?

  7. ANSWER Inventory as of 1/29/05 $137,991

  8. QUESTION #4 • By what amount did cash and cash equivalents change in the last year?

  9. ANSWER Cash Equivalents Changed by $137,974 from 1/31/2004 to 1/29/2005 ($137,081 from 2004 subtracted from $275,061 of 2005 )

  10. QUESTION #5 • Who is the auditor of the company?

  11. ANSWER EARNEST AND YOUNG (Found on page 27 of the Annual Report)

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