Stockholders Report

By: Accounting Firm

Sippin’ Snacks
Firm’s Financial Performance
● Total expenses for the month was $29,507.00
○ We paid payroll for the amount of $23,072.00
● We made ninety three sales for a total of $39,327.00
● We have a profit margin of about 93%
○ We have such a high margin because of a low cost of
production.
Financial Statement
Income Statement: Change due to expenses.

● Operating on a net gain for the month.

● We have more revenue than we have expenses.
● We made $39,327.00 from sales.

Balance Sheet: Positive capital

● We have more assets than liabilities

Cash Budget:

● Cash is used for:

○ Rent - Paid monthly
○ Payroll - Paid biweekly
○ Inventory Purchases - Depending on the amount of sales we make.
○ Monthly Expenses
A Payroll Entry In QuickBooks
A Rent Entry in Quickbooks
Sales Entry in Quickbooks
Ratio Analysis
● Gross Profit Margin Ratio: (Gross Profit/Sales)
○ (28,644.62/30,742.08)=0.931
● Net Profit Margin Ratio: (Net Profit/Sales)
○ (697.11/30,742.08)=0.022
Financial Data
● Sippin’ Snacks has a positive income, or a net gain for the year of 2020.
○ More revenue than expenses for the month of march.
○ This is the second month in a row that we have had a positive capital.
● Sippin’ Snacks also has a positive capital.