Elvis Products International

Income statement
For the Year Ended Dec. 31, 2011 ($ in thousands of dollars)
2011 2010
Sales 3,850.00 3,432.00
Cost of goods sold 3,250.00 2,864.00
Gross Profit 600.00 568.00
Selling and G&A expenses 330.30 240.00
Fixed expenses 100.00 100.00
Depreciation expenses 20.00 18.90
EBIT 149.70 209.10
Interest expense 76.00 62.50
Earning before taxes 73.70 146.60
Taxes 29.48 58.64
Net income 44.22 87.96

Notes
Tax rate 40%
 Elvis Products International
Balance Sheet
As of Dec 31, 2011
Assets 2011 2010
Cash and equivalents 52.00 57.60 -5,600.00
Accounts receivable 402.00 351.20
Inventory 836.00 715.20
Total current assets 1,290.00 1,124.00
Plant and equipments 527.00 491.00
Accumulated depreciation 166.20 146.20
Net fixed assets 360.80 344.80
Total assets 1,650.80 1,468.80
Liabilities and owner's equity
Accounts Payable 175.20 145.60
Short-term Note Payable 225.00 200.00
Other current liabilities 140.00 136.00
Total current liabilities 540.20 481.60
long-term debt 424.61 323.43
Total liabilities 964.81 805.03
Common stock 460.00 460.00
Retained Earnings 225.99 203.77
Total shareholders equity 685.99 663.77
Total liabilities and owner's equity 1,650.80 1,468.80
 Elvis Products International
Income statement
For the Year Ended Dec. 31, 2011 ($ in thousands of dollars)
2011 2010
Sales 100.00% 100.00%
Cost of goods sold 84.42% 83.45%
Gross Profit 15.58% 16.55%
Selling and G&A expenses 8.58% 6.99%
Fixed expenses 2.60% 2.91%
Depreciation expenses 0.52% 0.55%
EBIT 3.89% 6.09%
Interest expense 1.97% 1.82%
Earning before taxes 1.91% 4.27%
Taxes 0.77% 1.71%
Net income 1.15% 2.56%

Notes
Tax rate 40%
 Elvis Products International
Balance Sheet
As of Dec 31, 2011
Assets 2011 2010
Cash and equivalents 3.15% 3.92%
Accounts receivable 24.35% 23.91%
Inventory 50.64% 48.69%
Total current assets 78.14% 76.53%
Plant and equipments 31.92% 33.43%
Accumulated depreciation 10.07% 9.95%
Net fixed assets 21.86% 23.47%
Total assets 100.00% 100.00%
Liabilities and owner's equity
Accounts Payable 10.61% 9.91%
Short-term Note Payable 13.63% 13.62%
Other current liabilities 8.48% 9.26%
Total current liabilities 32.72% 32.79%
long-term debt 25.72% 22.02%
Total liabilities 58.45% 54.81%
Common stock 27.87% 31.32%
Retained Earnings 13.69% 13.87%
Total shareholders equity 41.55% 45.19%
Total liabilities and owner's equity 100.00% 100.00%
 Elvis Products International
Cash flow statement
For the Year Ended Dec. 31, 2011 ($ in thousands of dollars)
Cash flow from operation
Total cash flow from operation -73.78
Cash flow from investing
Total cash flow from investing -36.00
Cash flow from financing
Total cash flow form financing 104.18
Net change in cash balance -5.60
 Bithlo Barbecues
Cash budget
For the period June To September
April May June July August
beginning cash balance
collection disburesment
unadjusted cash balance
September October