Manning Case Exhibits

Manning Case Exhibits - EXHIBIT1 AUTOLAND

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
EXHIBIT 1 AUTOLAND Balance Sheets as of December 31, 1990 - 1991 (000's) ASSETS 31-Dec-91 31-Dec-90 Cash $280  $453  4,052 3,873 Inventory  2,841 3,305 Tax Carryback Claim 389 0 Total Current Assets $7,562  $7,631  Net Fixed Assets 769 1,002 Net Leasehold Improvements 2,223 2,205 Other 314 321 85 57 92 86      TOTAL ASSETS 11,045 11,302 Notes Payable--Devey Finance Corp. $2,810 $3,130 Accounts Payable 2,120 1,820 Misc. Accruals 387 636 Total Current Liabilities $5,317  $5,586  Common Stock 2,349 2,350 Retained Earnings 3,379 3,366 11,045 11,302 *Consider the Notes Receivable in the CA section as part of A/R for liquidity ratios.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Exhibit 2 AUTOLAND Income Statements as of December 31, 1990 - 1991 (000's) 31-Dec-91 31-Dec-90 Gross Sales $17,612  $19,110       Less Returns and Allowances
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 5

Manning Case Exhibits - EXHIBIT1 AUTOLAND

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online