Analysis of Financial Statements
Analysis of Financial Statements
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14 for every $1 of current debt.
Let us now take the statement, item for item.
WILSON AND CARPENTER LAKESIDE GROCERY COMPANY DETROIT, MICH.
Statemext as of December 31, 1916 Assets Cash $88, 225. 16 Notes Receivable 104, 424. 22 Accounts Receivable . . 506, 325. 36 Merchandise 812, 150. 09 Real Estate, Bldgs. , etc. 328, 147. 51 Investment in A. B. C.
Can Co 180, 000. 00 Loans to Officers, Em- ployees, etc 13, 652. 62 Deferred Assets 7, 804. 31 Machinery & Fixtures. 92, 018. 04 Patents & Goodwi...ll . . . 400, 000. 00 Liabilities Notes Payable $600, 000. 00 Accounts Payable .... 69, 558. 32 Accrued Interest 1, 562. 21 Bonded Debt ($10, 000.
Exp. Annually) 100, 000. 00 Reserve for Bonus, etc. 25, 162. 44 Capital — Preferred ( 6% Cu- mulative) 700, 000. 00 Common 400, 000. 00 Surplus 636, 464. 34 $2, 532, 747. 31 $2, 532, 747. 31 Sales (1916)— $4, 688, 293. 78 Profits— $147, 983. 35 Dividends — 6% Preferred — 8% Common Depreciation — $25, 762. 54 We have examined the books and accounts of the Lakeside Grocery Company, of Detroit, Mich.
What to read after Analysis of Financial Statements?
You can find similar books in the "Read Also" column, or choose other free books by Richard P Wilson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
14 for every $1 of current debt.
Let us now take the statement, item for item.
WILSON AND CARPENTER LAKESIDE GROCERY COMPANY DETROIT, MICH.
Statemext as of December 31, 1916 Assets Cash $88, 225. 16 Notes Receivable 104, 424. 22 Accounts Receivable . . 506, 325. 36 Merchandise 812, 150. 09 Real Estate, Bldgs. , etc. 328, 147. 51 Investment in A. B. C.
Can Co 180, 000. 00 Loans to Officers, Em- ployees, etc 13, 652. 62 Deferred Assets 7, 804. 31 Machinery & Fixtures. 92, 018. 04 Patents & Goodwi...ll . . . 400, 000. 00 Liabilities Notes Payable $600, 000. 00 Accounts Payable .... 69, 558. 32 Accrued Interest 1, 562. 21 Bonded Debt ($10, 000.
Exp. Annually) 100, 000. 00 Reserve for Bonus, etc. 25, 162. 44 Capital — Preferred ( 6% Cu- mulative) 700, 000. 00 Common 400, 000. 00 Surplus 636, 464. 34 $2, 532, 747. 31 $2, 532, 747. 31 Sales (1916)— $4, 688, 293. 78 Profits— $147, 983. 35 Dividends — 6% Preferred — 8% Common Depreciation — $25, 762. 54 We have examined the books and accounts of the Lakeside Grocery Company, of Detroit, Mich.
What to read after Analysis of Financial Statements?
You can find similar books in the "Read Also" column, or choose other free books by Richard P Wilson to read onlineMoreLess
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