Clarkson starter spreadsheet

Clarkson starter spreadsheet - Clarkson Lumber Company...

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Clarkson Lumber Company 1993 1994 1995 Income Statements (thousands of dollars) Net Sales $2,921 $3,477 $4,519 Cost of Goods Sold: Beginning Inventory 330 337 432 Purchases of Inventory 2,209 2,729 3,579 Ending (remaining) Inventory (337) (432) (587) Cost of Goods Sold: 2,202 2,634 3,424 Gross Profit 719 843 1,095 Operating Expenses (includes salaries) (622) (717) (940) Earnings before interest and taxes 97 126 155 Interest Expense (23) (42) (56) Earnings before taxes 74 84 99 Income tax expense (14) (16) (22) Net Income $60 $68 $77 Percent of Sales 2.05% 1.96% 1.70%
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1st Quarter 1996 $1,062 587 819 (607) 799 263 (244) 19 (13) 6 (1) $5 0.47%
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Clarkson Lumber Company 1993 1994 1995 Balance Sheets (thousands of dollars) Cash $43 $52 $56 Accounts receivable (net) 306 411 606 Inventory 337 432 587 Current Assats $686 $895 $1,249 Property (net) 233 262 388 Total Assets $919 $1,157 $1,637 Notes Payable,bank $60 $390 Notes Payable to Holtz, current portion 100 100 Notes Payable, trade 127 Accounts Payable
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This note was uploaded on 08/06/2008 for the course ESM 281 taught by Professor Cerf during the Spring '08 term at UCSB.

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Clarkson starter spreadsheet - Clarkson Lumber Company...

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