Interest payable 146550 prepaid rent 750000 total

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Interest Payable1,465.50 Prepaid Rent7,500.00 Total Current Liabilities51,590.50 Prepaid Insurance400.00 Office Supplies1,350.00 Long Term Liabilities:Accounts Receivable30,401.00 Notes Payable10,000.00 Total Current Assets258,229.00 Loans Payable21,000.00 Total Long Term Liabilities:31,000.00 Total Liabilities:82,590.50 Long Term/Fixed Assets:Baking Equipment26,000.00 Common Stock30,000.00 Accumulated Depreciation5,642.86 Retained Earnings 177,638.50 26,000.00 Leasehold Improvements10,000.00 Total Equity 207,638.50 Accumulated Amortization4,000.00 6,000.00 4,000.00 Trademark2,300.00 Total Assets:290,229.00 Total Liabilities & Equity 290,229.00
201720162015 Industry StandardQuick Ratio2.25 2.22.81.75Gross Margin0.960.550.70.7Net Margin0.520.220.320.24Return on Sales0.680.240.260.23Return on Equity0.610.90.780.8

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