Chemalite B - -25000 Inventory-99680 Utilities-30000-82000...

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Change Cash 113000 9490 -103510 Accounts receivable 69500 139530 70030 Inventories-raw materials 55000 75450 20450 Inventories-finished goods 0 104680 104680 Prepaid insurance 0 65000 65000 Property, plant 212500 1120000 907500 Accumulated depreciation -10625 -56000 -45375 Land 0 250000 250000 Patent 100000 75000 -25000 Total assets 539375 1783150 1243775 Liabilities and Owners' Equity Taxes payable 10900 9950 -950 Short term 0 200000 200000 Deferred income 0 26730 26730 Notes payable 0 425000 425000 Long-term debt 0 510000 510000 Dividends payable 10000 12000 2000 Common stock 500000 500000 0 Retained earnings 18475 125470 106995 Treasury stock 0 -26000 -26000 Total liabilities 539375 1783150 1243775 Cash collections 1816220 Sales 754500 1886250 Cash payments (purchases and OPEX) Material -195000 -452700 Materials -473150 Labor -275000 -660000 Labor -660000 Rent -50000
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Unformatted text preview: -25000 Inventory-99680 Utilities-30000-82000 Rent-25000 Depreciation-10625-61625 Utilities-82000 COGS-560625-1281325 Advertising-70000 Advertising-22500-70000 R&D-63250 Research and-63250 Insurance-97500 Insurance-32500 Selling and Distribution-195750 Amortization of-25000-25000 Interest-58750 Selling and-75000-195750 Taxes Paid-39150 Gain on 24250 Total cash payments-1864230 Interest expense-750-58750 Net cash provided by operating activities-48010 Prototypes-23750 0 Legal fees-7500 Other Expense-154500-421000 Total expense-715125-1702325 Income before tax 39375 183925 Income taxes-10900-64930 Net income 28475 118995...
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This note was uploaded on 11/16/2011 for the course ECON 101 taught by Professor Silviaprina during the Spring '08 term at Case Western.

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