XYZ Company

COMPARATIVE BALANCE SHEET

December 31, 2022, 2021, and 2020

LIQUIDITY RATIO
YEARS 2022' 2021' 2020' 1 NWC
ASSETS:
Current Assets
2 CR
Cash 65,000.00 70,000.00 75,000.00
Accounts Receivable 40,000.00 35,000.00 20,000.00
Marketable Securities 40,000.00 35,000.00 10,000.00
3 QA
Inventory 100,000.00 80,000.00 100,000.00
Total Current Assets 245,000.00 220,000.00 205,000.00
Non-Current Assets:
Plant Assets (net) 200,000.00 160,000.00 170,000.00 ACTIVITY RATIO
Total Assets 445,000.00 380,000.00 375,000.00

1 ART
LIABILITIES:
Current Liabilities 110,800.00 105,000.00 104,000.00
Long term liabilities 160,000.00 145,000.00 140,000.00
Total Liabilities 270,800.00 250,000.00 244,000.00
2 ACP
STOCKHOLDER'S EQUITY:
Common stock (P 5.00 par
100,000.00 100,000.00 100,000.00
value, 20,000 shares 3 IT
Retained Earnings 74,200.00 30,000.00 31,000.00
Total Stockholder's Equity 174,200.00 130,000.00 131,000.00
TOTAL LIABILITIES &
445,000.00 380,000.00 375,000.00
STOCKHOLDER'S EQUITY 4 AAI

5 OC =
XYZ Company
COMPARATIVE INCOME STATEMENT
6 FAT
December 31, 2022, 2021, and 2020

YEARS 2022' 2021' 2020'

7 TAT
Sales 200,000.00 210,000.00 100,000.00
Sales return and allowances 40,000.00 25,000.00 6,000.00
Net Sales 160,000.00 185,000.00 94,000.00
Cost of Goods Sold 100,000.00 115,625.00 50,000.00 LEVERAGE
Gross Profit 60,000.00 69,375.00 44,000.00
Operating Expenses:
1 DEBT
Selling expenses 22,000.00 25,000.00 16,000.00
General Expenses 8,000.00 12,000.00 8,000.00
Total Operating expenses 30,000.00 37,000.00 24,000.00
2 D-TO-E
Income from operations 30,000.00 32,375.00 20,000.00
Non-Operating Income 6,000.00 2,500.00 3,500.00
Income before interest expense
36,000.00 34,875.00 23,500.00
and taxes 3 TIE
Interest expense 4,000.00 3,500.00 3,000.00
Income before taxes 32,000.00 31,375.00 20,500.00
Income tax (35% rate) 11,200.00 10,981.00 7,175.00
Net Income 20,800.00 20,394.00 13,325.00 PROFITABILITY

1 GPM

2 PM

3 RTA

4 RCSE
 2022" 2021"

LIQUIDITY RATIO 2022 - 2021 2021 - 2020

CA - CL 245,000.00 110,800.00 134,200.00 220,000.00 105,000.00 115,000.00

CA 245,000.00 220,000.00
2.21 221.00% 2.10 210.00%
CL 110,800.00 105,000.00

C+MS+R 65+40+40 70+35+35

1.31 131.00% 1.33 133.00%
CL 110,800.00 110,800.00

ACTIVITY RATIO

NCS 160,000.00 185,000.00

4.27 6.73
AVE. A/R (40+35)/2 (35+20)/2

360 360.00 360.00

84.31 DAYS 53.49 DAYS
ART 4.27 6.73

CGS 100,000.00 1.11 115,625.00 1.28

AVE. INVTY. (100+80)/2 (80+100)/2

360 360.00 324.32 DAYS 360.00 281.25 DAYS

IT 1.11 1.28

ACP+AAI 84.31 DAYS +324.32 DAYS 408.63 DAYS 53.49 Days + 281.25 days 334.74 days

NS 160,000.00 185,000.00
88.89% 112.12%
ANFA (200+160)/2 (160+170)/2

NS 160,000.00 185,000.00
38.79% 49.01%
ATA (445+380)/2 (380+375)/2

LEVERAGE

TD 270,800.00 250,000.00
60.85% 65.79%
TA 445,000.00 380,000.00
 TL 270,800.00 250,000.00
1.55x 1.92x
SE 174,200.00 130,000.00

36,000.00 34,875.00
EB4I&T 9x 9.96x
IE 4,000.00 3,500.00

PROFITABILITY

GP 60,000.00 69,375.00
37.50% 37.50%
NS 160,000.00 185,000.00

NI 20,800.00 20,394.00
13.00% 11.02%
NS 160,000.00 185,000.00

NI 20,800.00 20,394.00
5.04% 5.40%
ATA (445+380)/2 (380+375)/2

NI 20,800.00 20,394.00
20.80% 20.39%
ACSE (100+100)/2 (100+100)/2