Balance Sheet
20X1 20X0 20X1 20X0
Assets Liabilities and Equity
Current Assets Current Liabilities
Cash 1,013 2,025 Accts Payable 2,331 1,184
Accounts Rec 6,652 5,109 Current LT debt 2,000 1,995
Inventories 6,700 10,611 Accrued Exp 3,158 2,808
Total Current Assets 14,365 17,745 Total Current Liab 7,489 5,987
Long Term Debt 6,910 15,600
Property Plant & Equip 10,237 8,418 Total Liabilities 14,399 21,587
Accum depreciation (5,741) (4,165)
Net PP&E 4,496 4,253 Preferred Stock 40 17
Common Stock 129 138
Total Assets 18,861 21,998 Retained Earnings 4,293 256
Total Equity 4,462 411
Total Liab and Equity 18,861 21,998
Income Statement
20X1 20X0
Net Sales 69,169 52,857
Cost of Goods Sold (57,292) (45,179)
Gross Profit 11,877 7,678
Selling and adm (5,353) (5,547)
Income before depre 6,524 2,131
Depre and amort (697) (531)
Non operating exp 272 713
Earnings before int & tax 6,099 2,313
Interest exp (875) (1,245)
Income before tax 5,224 1,068
Taxes (2,090) (427)
Net Income 3,134 641
20X1 20X0
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