RMA Figure - FIGURE 2. SAMPLE RMA DATA FINANCIAL STATEMENT...

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FIGURE 2. SAMPLE RMA DATA FINANCIAL STATEMENT SUMMARY FOR 510 WHOLESALERS OF WINE, LIQUOR, AND BEER IN FISCAL YEAR 1988 Assets Percentage Ratios % Cash and equivalents 11.1 Quick .6 Current 1.6 Accounts and notes Debts/worth 1.6 receivable net 14.8 Inventory 33.6 Sales/receivables 49.2 All other current 1.9 Cost sales/inventory 11.9 Total Current 61.1 Percentage profit before Fixed assets net 24.1 taxes based on total assets 6.3 Intangibles net 5.3 All other noncurrent 9 .5 Total 100.0 Liabilities Income Data Notes payable -- Net sales 100.0% short-term 11.8 Cost of sales 77.1 Current maturity Gross profit 22.9 long-term debt 3.7 Operating expenses 20.3 Account and notes Operating profit 2.6 payable -- trade 15.5 All other expenses net .4 Income taxes payable 1.1 ___ All other current 7.7 Profit before taxes 2 .2 % Total current 39.7 Long-term debt 17.6 All other noncurrent 2.1 Net worth 40 .1 Total Liabilities and net worth 100.0 Source: Study F (Robert Morris Associates, 1989). Interpretation of Statement Studies Figures
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This note was uploaded on 04/15/2011 for the course MKTG 3010 taught by Professor Morris during the Spring '09 term at North Texas.

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