Question: Please do the financial analysis on below SALZA TECHNOLOGY CORPORATION ANNUAL INCOME STATEMENTS (IN $ THOUSANDS) 2009 2010 $375 $450 -270 Net sales Less: Cost

Please do the financial analysis on below

Please do the financial analysis on below SALZA TECHNOLOGY CORPORATION ANNUAL INCOME

SALZA TECHNOLOGY CORPORATION ANNUAL INCOME STATEMENTS (IN $ THOUSANDS) 2009 2010 $375 $450 -270 Net sales Less: Cost of goods sold Gross profit Less: Operating expenses Less: Depreciation Less: Interest Income before taxes less: Income taxes Net income Cash dividends | g# # % ] lal |= | || -30 100 -30 $ $ 20 BALANCE SHEETS AS OF DECEMBER 31 (IN S THOUSANDS) 2009 2010 Cash $ 39 $ 16 Accounts receivable 50 80 Inventories 151 204 Total current assets 240 300 Gross fixed assets 200 290 Less accumulated depreciation -95 -125 Net fixed assets 105 165 Total assets $345 466 Accounts payable $ 30 $ 45 Bank loan 27 Accrued liabilities 10 23 Total current liabilities 60 95 Long-term debt 15 15 Common stock 85 120 Retained earnings 185 235 Total liabilities and equity $345 20 1338889|| Ar

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