Cash Cash receipts from sales Cash operating expenses Time and savings deposits Other current assets Machinery and equipment Buildings Land Hired labor expenses Allowance for income taxes Accounts payable Current payment on term loan Remaining balance on term loan Other long term liabilities Depreciation Interest payments on term loans Principal payments on term loans
$10,000 $73,000 $51,200 $11,000 $22,000 $76,500 $14,000 $99,500 $7,000 $7,213 $1,200 $7,500 $29,500 $1,200 $7,400 $2,500 $5,000
Year End Balance sheet Cash Time and savings deposits Other current assets Total current assets Machinery and equipment Buildings Land Total noncurrent assets Total assets Liquidity ratios: Current ratio Working capital Acid test ratio Cash ratio Annual Income Statement Cash receipts from sales Total revenue Cash operating expenses Interest expenses Depreciation Total expenses Net income from operations Allowance for income taxes Net income
$10,000 Current payment on term loan Accounts $11,000 payable $22,000 Allowance for income taxes $43,000 Total current liabilities $76,500 Remaining balance on term loan $14,000 Other long term liabilities $99,500 Total noncurrent liabilities $190,000 Total liabilities Equity or net worth $233,000 Total claims on business 2.70 $27,087 1.32 0.63 Solvency ratios: Debt ratio Net worth ratio Asset ratio Leverage ratio
$7,500 $1,200 $7,213 $15,913 $29,500 $1,200 $30,700 $46,613 $186,387 $233,000 0.20 0.80 5.00 0.25 3.08% 2.51% 9.85%
Debt repayment capacity ratios: Term debt and capital lease coverage ratio Times inte...