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NuCo Inc. Financial Statement

NuCo Inc. Financial Statement. Income Statement Balance Sheet Ratios. NuCo Inc. Operating Expenses Salary Expense ($7,500) Advertising Expense ($200) Revenue Sales of Goods $9,500 Service Revenue $42,600 Total Revenue $52,100 Cost of Goods Sold ($6,000) Gross Margin $46,100.

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NuCo Inc. Financial Statement

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  1. NuCo Inc.Financial Statement • Income Statement • Balance Sheet • Ratios NuCo Inc.

  2. Operating Expenses Salary Expense ($7,500) Advertising Expense ($200) Revenue Sales of Goods $9,500 Service Revenue $42,600 Total Revenue $52,100 Cost of Goods Sold ($6,000) Gross Margin $46,100 Income Statement

  3. Income Statement • Phone Expense ($800) • Insurance Expense ($500) • Total Operating Expense ($9,000) • Net Income before Interest and Taxes $37,000 • Interest Expense ($500) • Net Income before Taxes $36,600 • Income Tax Expense ($14,640) • Net Operating Income $27,960

  4. Assets Current Assets Cash $52,360 Accounts Receivable $7,000 Inventory $1,000 Prepaid Expenses $1,000 Total Current Assets $61,360 Balance Sheet

  5. Balance Sheet • Long Term Assets • Land $40,000 • Building $60,000 • Total Long Term Assets $100,000 • Liabilities and Stockholders Equity • Liabilities • Current Liabilities • Unearned Revenues $400 • Total current Liabilities $400

  6. Balance Sheet • Non-Current Liabilities • Mortgage Payable $45,000 • Total Non-Current Liabilities $45,000 • Total Liabilities $45,500 • Stockholders, Equity • Common Stock $100,000 • Retained Earnings $15,960 • Total Stockholders’ Equity $115,960 • Total Liability and Stockholders’ Equity $161,360

  7. Liquidity Current Ratio 153.40 Quick Ratio 148.40 Long Term Solvency Ratios Debt Ratio 28% Equity Ratio 72% Long-Term Debt (LTD) Ratio 28% Times Interest Earned 74.20 Ratios

  8. Ratios • Asset Management Ratios • Asset Turnover 0.32 times • Accounts Receivable Turnover 7.44 times • Days, Sales in Receivable 40.04 Days • Asset Management Ratios Cont. • Inventory Turnover 6.00 times • Days’ Sales in Inventory 60.83 days

  9. Ratios • Asset Management Ratios Cont. • Inventory Turnover 6.00 times • Days’ Sales in Inventory 60.83 days • Profitability Ratios • Gross Profit Ratio 88% • Profit Margin 42% • Return on Assets (ROA) 14% • Return on Equity (ROE) 19% • Stock Return Ratios • Dividend Payout 27

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