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Data Entry
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1ST QTR
Sales
Sales
Cost of sales

Forecasted
2ND QTR
3RD QTR

4TH QTR

$2,000,000
$945,000

$1,500,000
$865,000

$1,300,000
$833,000

$2,010,100
$946,616

Gross profit

$1,055,000

$635,000

$467,000

$1,063,484

Expenses
Operating expenses
Interest
Depreciation
Amortization
Total expenses

$424,000
$16,250
$32,500
$1,250
$474,000

$318,000
$16,250
$33,958
$1,250
$369,458

$275,600
$16,250
$33,958
$1,250
$327,058

$426,141
$16,250
$33,958
$1,250
$477,599

Operating income

$581,000

$265,542

$139,942

$585,885

Other income and expenses

Gain (loss) on sale of assets
Other (net)
Subtotal

$100,000
$20,000
$120,000

$10,000
$50,000
$60,000

$3,000
$100,000
$103,000

$405,700
$200,000
$605,700

$701,000

$325,542

$242,942

$1,191,585

$210,300

$97,663

$72,883

$357,475

$490,700

$227,879

$170,059

$834,109

$320,000
$500,000
$125,000

$240,000
$500,000
$125,000

$208,000
$500,000
$125,000

$321,616
$500,000
$125,000

Income before tax

Please enter a tax percentage
Taxes @
30%
Net income
Detailed Supporting Information
Cost of sales
Direct labor
Materials
Other costs

Total
1999
$6,810,100
$3,589,616
$3,220,484
$1,443,741
$65,000
$134,374
$5,000
$1,648,115
$1,572,369
$518,700
$370,000
$888,700
$2,461,069
$738,321
$1,722,748

$1,089,616
$2,000,000
$500,000

Actual
2002

1ST QTR

$451,000
$350,000
$400,000
$10,000
$1,211,000

$90,360
$657,534
$630,411
$60,000
$1,438,305

$229,233
$493,151
$590,959
$45,090
$1,358,433

Subtotal
Less-accumulated depreciation
Total Fixed Assets

$100,000
$1,500,000
$800,000
$2,400,000
$400,000
$2,000,000

$112,500
$1,450,000
$875,000
$2,437,500
$432,500
$2,005,000

$125,000
$1,450,000
$875,000
$2,450,000
$466,458
$1,983,542

Intangible Assets
Cost
Less-accumulated amortization
Total Intangible Assets

$50,000
$20,000
$30,000

$50,000
$21,250
$28,750

$50,000
$22,500
$27,500

$25,000
$3,266,000

$33,000
$3,505,055

$120,000
$3,489,475

ASSETS
Current Assets
Cash and cash equivalents
Accounts receivable
Inventory
Other current assets
Total Current Assets
Fixed Assets
Land
Buildings
Equipment

Other assets
Total Assets
LIABILITIES AND
STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable
Notes payable
Current portion of long-term debt
Income taxes
Accrued expenses
Other current liabilities
Total Current Liabilities
Non-Current Liabilities
Long-term debt
Deferred income
Deferred income taxes

Actual
1999

1ST QTR

Forecast
2ND QTR

Forecast
2ND QTR

$600,000
$100,000
$100,000
$30,000
$90,000
$16,000
$936,000

$328,767
$50,000
$100,000
$183,300
$83,288
$12,000
$757,355

$328,767
$50,000
$100,000
$52,663
$62,466
$12,000
$605,896

$600,000
$100,000
$30,000

$500,000
$90,000
$27,000

$500,000
$90,000
$27,000

Other long-term liabilities

Total Liabilities
### Shares Outstanding
Capital stock issued
Additional paid in capital
Retained earnings
Total Liabilities and Equity

$50,000

$90,000

$40,000

$1,716,000

$1,464,355

$1,262,896

1,000
$100,000
$50,000
$1,400,000
$1,550,000

1,000
$100,000
$50,000
$1,890,700
$2,040,700

1,000
$100,000
$50,000
$2,076,579
$2,226,579

$3,266,000

$3,505,055

$3,489,475

Forecast
3RD QTR

4TH QTR

$469,196
$427,397
$575,178
$76,320
$1,548,091

($945,586)
$660,855
$1,186,002
$50,000
$951,271

$137,500
$1,450,000
$875,000
$2,462,500
$500,416
$1,962,084

$150,000
$1,450,000
$875,000
$2,475,000
$534,374
$1,940,626

$50,000
$23,750
$26,250

$50,000
$25,000
$25,000

$5,000
$3,541,425

$23,000
$2,939,897

Forecast
3RD QTR

4TH QTR

$328,767
$50,000
$100,000
$14,983
$54,137
$12,000
$559,887

$328,767
$50,000
$100,000
($188,735)
$83,708
$12,000
$385,740

$500,000
$90,000
$27,000

$500,000
$90,000
$27,000

$40,000

$40,000

$1,216,887

$1,042,740

1,000
$100,000
$50,000
$2,174,538
$2,324,538

1,000
$100,000
$50,000
$1,747,157
$1,897,157

$3,541,425

$2,939,897

Profitability Ratios
Earnings Per Share (EPS) Ratio
Net income
Shares of common stock outstanding
EPS

Quarter 1
$490,700
1,000
$491

Quarter 2
$227,879
1,000
$228

Quarter 3
$170,059
1,000
$170

Quarter 4
$834,109
1,000
$834

Profitability Ratios
Gross Profit Margin
Sales
Cost of sales
Gross profit margin

Quarter 1
$2,000,000
$945,000
52.8%

Quarter 2
$1,500,000
$865,000
42.3%

Quarter 3
$1,300,000
$833,000
35.9%

Quarter 4
$2,010,100
$946,616
52.9%

Profitability Ratios
Net Profit Margin
Net Income
Sales
Net profit margin

Quarter 1
$490,700
$2,000,000
24.5%

Quarter 2
$227,879
$1,500,000
15.2%

Quarter 3
$170,059
$1,300,000
13.1%

Quarter 4
$834,109
$2,010,100
41.5%

Profitability Ratios
Return on Assets
EBITDA
Total assets
Return on assets

Full Year
Err:509
$3,368,963
Err:509

Profitability Ratios
Return on Equity
Earnings after taxes
Stockholder's equity
Return on equity

Quarter 1
$490,700
$2,040,700
24.0%

Quarter 2
$227,879
$2,226,579
10.2%

Quarter 3
$170,059
$2,324,538
7.3%

Quarter 4
$834,109
$1,897,157
44.0%

Liquidity Ratios
Current ratio
Current assets
Current liabilities
Current ratio

Quarter 1
$1,438,305
$757,355
1.9

Quarter 2
$1,358,433
$605,896
2.2

Quarter 3
$1,548,091
$559,887
2.8

Quarter 4
$951,271
$385,740
2.5

Liquidity Ratios
Quick ratio
Current assets
Inventory
Current liabilities
Quick ratio

Quarter 1
$1,438,305
$630,411
$757,355
1.1

Quarter 2
$1,358,433
$590,959
$605,896
1.3

Quarter 3
$1,548,091
$575,178
$559,887
1.7

Quarter 4
$951,271
$1,186,002
$385,740
-0.6

Activity Ratios
Average Collection Period
Accounts Receivable
Credit sales per day
Average Collection Period

Quarter 1
$657,534
$22,222
30

Quarter 2
$493,151
$16,667
30

Quarter 3
$427,397
$14,444
30

Quarter 4
$660,855
$22,334
30

Activity Ratios
Inventory Turnover Ratio
Cost of Goods Sold
Average Inventory
Inventory Turnover

Quarter 1
$945,000
$630,411
1.5

Quarter 2
$865,000
$590,959
1.5

Quarter 3
$833,000
$575,178
1.4

Quarter 4
$946,616
$1,186,002
0.8

Leverage Ratios
Debt ratio
Total Liabilities
Total Assets
Debt ratio

Quarter 1
$1,464,355
$3,505,055
41.8%

Quarter 2
$1,262,896
$3,489,475
36.2%

Quarter 3
$1,216,887
$3,541,425
34.4%

Quarter 4
$1,042,740
$2,939,897
35.5%

Leverage Ratios
Equity ratio
Total Equity
Total Assets
Equity ratio

Quarter 1
$2,040,700
$3,505,055
58.2%

Quarter 2
$2,226,579
$3,489,475
63.8%

Quarter 3
$2,324,538
$3,541,425
65.6%

Quarter 4
$1,897,157
$2,939,897
64.5%

Leverage Ratios
Times Interest Earned Ratio
EBIT
Interest charges
Times interest earned

Quarter 1
$717,250
$16,250
44.1

Quarter 2
$341,792
$16,250
21.0

Quarter 3
$259,192
$16,250
16.0

Quarter 4
$1,207,835
$16,250
74.3

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