finance case 13 - Assets Cash Short-Term Investments...

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Assets 2003 2004 2005e Cash $9,000 $7,282 $14,000 Short-Term Investments 48,600 20,000 71,632 Accounts Receivable 351,200 632,160 878,000 Inventories 715,200 1,287,360 1,716,480 Total Current Assets $1,124,000 $1,946,802 $2,680,112 Gross Fixed Assets 491,000 1,202,950 1,220,000 Less: Accumulated Depreciation 146,200 263,160 383,160 Net Fixed Assets $344,800 $939,790 $836,840 Total Assets $1,468,800 $2,886,592 $3,516,952 Liabilities And Equity 2003 2004 2005e Accounts Payable 145,600 $324,000 $359,800 Notes Payable 200,000 720,000 300,000 Accruals 136,000 284,960 380,000 Total Current Liabilities $481,600 $1,328,960 $1,039,800 Long-Term Debt 323,432 1,000,000 500,000 Common Stock (100,000 Shares) 460,000 460,000 1,680,936 Retained Earnings 203,768 97,632 296,216 Total Equity $663,768 $557,632 $1,977,152 Total Liabilities And Equity $1,468,800 $2,886,592 $3,516,952 Income Statements 2003 2004 2005e Sales $3,432,000 $5,834,400 $7,035,600 Cost Of Goods Sold 2,864,000 4,980,000 5,800,000 Other Expenses
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This note was uploaded on 02/06/2011 for the course BUS 663 taught by Professor Hjmahyudin during the Spring '11 term at International Islamic University Malaysia.

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finance case 13 - Assets Cash Short-Term Investments...

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