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Carla Vista | A | B | C=B-A | D=C/A | |||||
Income Statement | 2019 | 2018 | Answer a 1 | 2018 | 2019 | Change | Change % | ||
Sales | 908,000.00 | 796,000.00 | Current Ratio | 2.0 | 1.7 | ||||
Cost of goods sold | 647,000.00 | 576,000.00 | Current Assets/Current Liabilities | ||||||
Gross Profit | 261,000.00 | 220,000.00 | |||||||
Operating Expense | 194,000.00 | 160,000.00 | Earnings per share | 2.86 | 3.19 | 0.33 | 11.67% | ||
Net Income | 67,000.00 | 60,000.00 | Net Income/ Number of shares |
Balance Sheet | |||
Assets | 2019 | 2018 | |
Current Assets | |||
Cash | 70,000.00 | 67,000.00 | |
Debt Investments (short term) | 51,000.00 | 41,000.00 | |
Accounts Receivable (net) | 104,000.00 | 90,000.00 | |
Merchandise Inventory | 230,000.00 | 164,000.00 | |
Prepaid Expenses | 22,000.00 | 23,000.00 | |
Total Current Assets | 477,000.00 | 385,000.00 | |
Land | 133,000.00 | 133,000.00 | |
Building and Equipment, net | 262,000.00 | 185,000.00 | |
Total Assets | 872,000.00 | 703,000.00 | |
Liabilities & Stockholders' Equity | |||
Liabilities | |||
Notes Payable | 172,000.00 | 102,000.00 | |
Accounts Payable | 66,000.00 | 51,000.00 | |
Accrued Liabilities | 39,000.00 | 39,000.00 | |
Current Liabilities | 277,000.00 | 192,000.00 | |
Bonds payable, due 2022 | 249,000.00 | 169,000.00 | |
Total Liabilities | 526,000.00 | 361,000.00 | |
Common Stock $ 10 par | 210,000.00 | 210,000.00 | |
Retained Earnings | 136,000.00 | 132,000.00 | |
Total Stockholders' Equity | 346,000.00 | 342,000.00 | |
Total Liabilities & Stockholders' Equity | 872,000.00 | 703,000.00 | |
Common Stock $ 10 par | 210,000.00 | 210,000.00 | |
Number of shares | 21,000.00 | 21,000.00 | |
2019 | 2020 | Note | |
Number of shares sold | 19,000.00 | D | |
Par value per share | 10.00 | E | |
Value of shares sold | 190,000.00 | F=D*E | |
Add: Net Income for 2020 | 52,000.00 | ||
Add: Stockholders' Equity for 2019 | 342,000.00 | ||
Stockholders' Equity | 346,000.00 | 584,000.00 | G |
Net Income | 67,000.00 | 52,000.00 | H |
Return on common stockholders equity | 19.36% | 8.90% | I=H/G |
Net Income/ Stockholders equity | |||
Change % | -10.46% | This is the difference between 2020 and 2019 figure. | |
Total Liabilities in 2019 | 526,000.00 | ||
Less: Notes payable paid | 172,000.00 | ||
Total Liabilities | 526,000.00 | 354,000.00 | J |
Total Assets | 872,000.00 | 864,000.00 | K |
Debt to Assets ratio | 60.32% | 40.97% | L=J/K |
Total Liabilities/ Total Assets | |||
Change % | -19.35% | This is the difference between 2020 and 2019 figure. | |
Number of shares | 21,000.00 | 40,000.00 | For 2020, its 21,000 shares plus 19,000 further issued in 2020. |
Net Income | 67,000.00 | 52,000.00 | |
Earnings per share | 3.19 | 1.30 | M |
Net Income/ Number of shares | |||
Marker price per share | 9.00 | 13.00 | N |
Price Earnings Ratio | 2.8 | 10.0 | O=N/M |
Marker price per share/ Earnings per share | |||
Change | 7.18 | This is the difference between 2020 and 2019 figure. | |
Change % | 254.50% | This is the change/ 2019 figure. |
Please Do everything in red CARLA VISTA COMPANY Balance Sheets December 31 Assets 2019 2018 Cash...
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