Accounting Presentation

Diego Piedrahita, Michael Biryukov, Scott Yanover

 Overview
We received a lot more sales in January than any other month. The increase of sales have
allowed us to have a positive net income for the month of January.

Current Balance
 Rent and Utilities
Proof that our rent and utilities payments were made
 Insurance
We have started our monthly payments to Guardian Insurance.
 Payroll
1st payroll 2nd payroll
 941 payment
Proof that all our taxes were paid.
 Current Ratio

The current ratio measures the ability of a business to pay its bills in the near
term. It is calculated by taking our current assets and dividing it by our current
liabilities. Our number shows that we have enough assets to pay our short
term liabilities.
November: (Current assets)/(Current Liabilities) = ($153,932.69)/($25,676.57) = 5.995

December: ($133,660.08)/($0) = 0

January: ($229,272.59/$18,679.27= 12.27

 Gross Profit Margin
Indicates the percent gross profit is of sales. A low percentage most likely
indicates a high Cost of Merchandise Sold. It is calculated by taking our gross
profit and dividing by our sales. Our Gross profit margin decreased a little
from December to January. . Which means we are making a more money off
our sales but spending more on COMS.. However we still need to make more
sales as we still have a low Gross Profit Margin.
November: (Gross Profit)/(Sales) = ($3,895.88)/($8,487.91) = 0.46

December: ($23,857.52)/($25,285.30) = 0.94

January: ($110,158.45/$230.544.04= .477

 Net Profit Margin Ratio

Indicates the percent net profit is of sales. A low percentage most likely
indicates high costs. It is calculated by taking our net profit and dividing it by
our sales. Our number shows we are making more money in sales in
December than November, but we still need to make more money in sales.

November: (Net Profit)/(Sales) = (-$47,012.32)/($8,487.91) = -5.5

December: (-$9,970.75)/($25,285.30) = -0.35

January: ($76,841.62/$230.544.04)=.33
 Debt to Asset Ratio

Indicates the proportion of a company’s assets that are being financed with debt,
rather than equity. A low ratio indicates that assets are being funded with equity
and not assets. A high ratio, greater than 1, indicates that assets are being funded
with debt and may be putting itself at risk of not being able to pay back its debt.

November: (Total Liabilities/Total assets) = ($25,676.57)/($153,664.25) = 0.167

December: ($0)/(133,214.82) = 0

January: ($18,679.27/$224,900.36)=0.083
Sales
Income Statement(Nov)
Income Statement(Dec)
Income Statement(Jan)
Balance Sheet(Nov)
Balance Sheet(Dec)
Balance Sheet(Jan)
Cash Flow Statement(Nov)
Cash Flow Statement(Dec)
Cash Flow Statement(Jan)