Scribd Logo
Upload

Welcome to Scribd!

  • 31 views

    Jones Income Statement

    Uploaded by

    vrj1091
    1) The income statement shows that net sales, gross profit, and net income all increased from 2004 to 2005 and are projected to continue increasing in 2006 and 2007. Operating expenses and interest expenses also increased each year. 2) The balance sheet indicates that total assets increased each year from 2004 to 2006 and are projected to continue increasing in 2007. Current assets, property and equipment, and total liabilities also rose annually. 3) The cash flow statement reveals that cash from operations and net income increased from 2005 to 2006. Accounts receivable and inventory also grew while accounts payable rose significantly.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Jones Income Statement

    Uploaded by

    vrj1091
    31 views4 pages
    1) The income statement shows that net sales, gross profit, and net income all increased from 2004 to 2005 and are projected to continue increasing in 2006 and 2007. Operating expenses and interest expenses also increased each year. 2) The balance sheet indicates that total assets increased each year from 2004 to 2006 and are projected to continue increasing in 2007. Current assets, property and equipment, and total liabilities also rose annually. 3) The cash flow statement reveals that cash from operations and net income increased from 2005 to 2006. Accounts receivable and inventory also grew while accounts payable rose significantly.

    Original Description:

    this document will help to know jones electricals case

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    1) The income statement shows that net sales, gross profit, and net income all increased from 2004 to 2005 and are projected to continue increasing in 2006 and 2007. Operating expenses and interest expenses also increased each year. 2) The balance sheet indicates that total assets increased each year from 2004 to 2006 and are projected to continue increasing in 2007. Current assets, property and equipment, and total liabilities also rose annually. 3) The cash flow statement reveals that cash from operations and net income increased from 2005 to 2006. Accounts receivable and inventory also grew while accounts payable rose significantly.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    31 views4 pages

    Jones Income Statement

    Uploaded by

    vrj1091
    1) The income statement shows that net sales, gross profit, and net income all increased from 2004 to 2005 and are projected to continue increasing in 2006 and 2007. Operating expenses and interest expenses also increased each year. 2) The balance sheet indicates that total assets increased each year from 2004 to 2006 and are projected to continue increasing in 2007. Current assets, property and equipment, and total liabilities also rose annually. 3) The cash flow statement reveals that cash from operations and net income increased from 2005 to 2006. Accounts receivable and inventory also grew while accounts payable rose significantly.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 4

    Income Statement(thousands of dollars)

    Net sales
    COGS
    Gross profit
    Operating expenses
    Interest expenses
    Net income before taxes
    Provision for income taxes
    Net income

    2004
    1624
    1304
    320
    272
    27
    21
    7
    14

    2005
    1916
    1535
    381
    307
    30
    44
    15
    29

    2006 Q1(2006)
    Q1(2007) 2007(E)
    2007(E) (with trade discount)
    2242
    514
    608
    2700
    2700
    1818
    499
    2189
    2145.596789
    424
    109
    511
    554
    347
    94
    418
    418
    31
    8
    37
    37
    46
    7
    55
    99
    16
    2
    19
    34
    30
    5
    36
    65

    Balance Sheet(Thousands of dollars)


    2004
    45
    187
    243
    475

    2005
    53
    231
    278
    562

    Property and equipment


    Accumulated depreciation
    Total PP&E

    187
    -74
    113

    202
    -99
    103

    252
    -134
    118

    303.48
    -173.45
    130.03

    303.48
    173.45
    130.03

    Total Assets

    588

    665

    784

    909.08

    917.83

    Accounts Payable
    Line of Credit Payable
    Accured Expenses
    Long term Debt, current position
    Current Liabilities

    36
    149
    13
    24
    222

    42
    214
    14
    24
    294

    120
    249
    14
    24
    407

    58.78
    395.00
    14.00
    24.00
    491.78

    Long term debt


    Total liabilities

    182
    404

    158
    452

    134
    541

    601.78

    179.95
    310.00
    14.00
    24.00
    527.95
    110.00
    637.95

    Net Worth
    Total Liabilities and net worth

    184
    588

    213
    665

    243
    784

    308.00
    909.00

    279.00
    917.00

    Cash
    Accounts receivable
    Inventory
    Total current assets

    2006 2007 E(with trade discount)


    2007 E
    23
    32.00
    32.00
    264
    317.93 317.93
    379
    429.12 437.88
    666
    779.05 787.81

    CFO

    Cash Flow Statement

    CFO CFI

    PAT
    Deprecition
    Increase in account receivable
    Increase in inventory
    Increase in accounts payable
    increase in lines of credit
    Increase in accured expenses
    Debt repaid
    Investment in fixed asset
    Change in cash balance

    2005
    29
    25
    -44
    -35
    6
    65
    1

    2006
    30
    35
    -33
    -101
    78
    35
    0

    -24
    -15
    8

    -24
    -50
    -30

    Ratio Analysis
    Current Ratio
    Quick Ratio
    Inventory Turnover
    Days of inventory
    Day sales outstanding
    Days payable
    Fixed Asset turnover ratio
    ROA
    ROE
    Cash conversion cycle

    2004
    2.14
    1.05
    5.37
    68.02
    42.03
    10.08
    14.37
    2.38%
    7.61%
    99.97

    2005
    1.91
    0.97
    5.52
    66.1
    44.01
    9.99
    18.6
    4.36%
    13.62%
    100.12

    2006
    1.64
    0.71
    4.8
    76.09
    42.98
    24.5
    19
    3.83%
    12.35%
    95

    You might also like