Optical Solutions Inc Template

Optical Solutions Inc Template - Lincoln Company...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Lincoln Company Lincoln Company Solvency Ratios: FYE 2010 FYE 2009 Industry Comparative Balance Sheets Comparative Income Statements Current Position Analysis: December 31, 2010 and 2009 F-Y-E December 31, 2010 and 2009 Working Capital, Dec. 31 Dec. 31 Dec. 31 Dec. 31 2010 2009 2010 2009 Current Ratio Assets Sales 1,530,500 1,234,000 Current assets 550,000 533,000 32,500 34,000 Quick Ratio Long-term investments 95,000 177,500 Net sales 1,498,000 1,200,000 444,500 470,000 Cost of goods sold 1,043,000 820,000 Accounts Receivable Analysis: Intangible assets 50,000 50,000 Gross profit 455,000 380,000 AR Turnover` Total Assets 1,139,500 1,230,500 Selling expenses 191,000 147,000 Administrative expenses 104,000 97,400 Average Days' Sales in Receivables, Liabilities Total operating expenses 295,000 244,400 Current liabilities 210,000 243,000 Income from operations 160,000 135,600 Long-term debt 100,000 200,000 Other income 8,500 11,000
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.
Ask a homework question - tutors are online