UNIT 4 ASSIGNMENT: FINANCIAL STATEMENTS FORMAT Inputs in Blue Cells Cash Change, Balance Sheet 16,845 Cash Change, Cash Flow Statement 0 If not 16,845, INCORRECT BALANCE SHEET CASH FLOWS COMMON SIZE BALANCE SHEET 2017 2016 Change 2017 versus 2016 ASSETS 2017 2016 Cash 33,411 16,566 16,845 Cash Flow Operations ASSETS $ % $ % A/R 260,205 318,768 (58,563) Net Income Cash 33,411 1.3% 16,566 0.7% Inventory 423,819 352,740 71,079 Depreciation A/R 260,205 9.8% 318,768 12.6% Other 41,251 29,912 11,339 Chg: (Curr Assets minus- cash) Inventory 423,819 16.0% 352,740 13.9% Current Ratio Current Assets 758,686 717,986 40,700 Chg: Curr Liabiliities Other 41,251 1.6% 29,912 1.2% PP&E 1,512,675 1,403,220 109,455 CFO 0 Current Assets 758,686 28.6% 717,986 28.3% Quick Ratio Goodwill & Other 382,145 412,565 (30,420) PP&E 1,512,675 57.0% 1,403,220 55.4% Total Assets 2,653,506 2,533,771 119,735 Cash Flow Financing Goodwill & Other 382,145 14.4% 412,565 16.3% Chg in Debt Total Assets 2,653,506 100.0% 2,533,771 100.0% Liabilities & Equity Dividends Accounts Payable 378,236 332,004 46,232 CFF 0 Liabilities & Equity Wages Payable 14,487 7,862 6,625 Accounts Payable 378,236 332,004 Accrued Taxes 21,125 16,815 4,310 Cash Flow Investment Wages Payable 14,487 7,862 Curent Liabilities 413,848 356,681 57,167 Chg: PP&E Accrued Taxes 21,125 16,815 Chg: