Head Cash Accounts Receivable Inventory Plant (Gross) Accumulated Depreciation Plant (Net) Depreciation Research (Gross) Accumulated

Amortization Research (Net) Prepaid Research Expenditure Total Assets Common Stock Accounts Payable Short Term Loan Long Term Loan Retained Earnings Total Liabilities

Q1(E) 2,360 3,618,360 0 1,500,000 (75,000) 1,425,000 48,500 0 48,500 0 5,094,220 3,000,000 1,800,000 270,000 0 24,220 5,094,220

Head Revenue Cost of Goods Sold Plant Depreciation Gross Margin Research Amortization Inventory Holding Costs Marketing Research Costs Advertising Costs Sales Costs After Sales Costs Administrative Expenses Miscellaneous Expenses

Q1(E) 6,030,600 (4,000,000) (75,000) 1,955,600 0 0 0 (70,000) (234,000) (342,000) (1,275,000) 0

Profit Before Interest And Tax Short Term Interest Long Term Interest Profit Before Tax Tax Profit After Tax

34,600 0 0 34,600 (10,380) 24,220

Head Q1(E) Profit After Tax 24,220 Add: Depreciation 75,000 Decrease (Increase) in Inventory 0 Decrease (Increase) in Accounts Receivable(3,618,360) Increase (Decrease) in Accounts Payable 1,800,000 Cash Flow From Operating Activities (1,719,140) Add (Less) Investment in Plant 0 Add (Less) Investment in Research (48,500) Cash Flow From Investing Activities (48,500) Increase (Decrease) in Short Term Loan 270,000 Increase (Decrease) in Long Term Loan 0 Cash Flow From Financing Activities 270,000 Net Change in Cash (1,497,640) Opening Balance 1,500,000 Closing Balance 2,360

Head Revenue Cost of Goods Sold Plant Depreciation Gross Margin Research Amortization Inventory Holding Costs Marketing Research Costs

Q1(E) 100 (66) (1) 32 0 0 0

Advertising Costs Sales Costs After Sales Costs Administrative Expenses Miscellaneous Expenses Profit Before Interest And Tax Short Term Interest Long Term Interest Profit Before Tax Tax Profit After Tax

(1) (4) (6) (21) 0 1 0 0 1 (0) 0

Head Revenue Cost of Goods Sold Gross Contribution Advertising Costs Sales Costs After Sales Costs Net Contribution

Head Revenue Cost of Goods Sold Gross Contribution Sales Costs After Sales Costs Net Contribution