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Play Time Toy Company Financials
Play Time Toy Company Financials
SCHEDULEOFINVENTORY
1991
(A)
Month
January
February
March
April
May
June
July
August
September
October
November
December
(B)
(C)
(D)
Beginning
Balance
CostofFinished
GoodsCompleted(a)
Costof
Goodssold(b)
Ending
Balance
$530
948
1,355
1,749
2,157
2,564
2,971
3,365
2,904
2,314
1,549
697
$489
489
489
489
489
489
489
489
489
489
489
489
$5,865
$70
82
94
81
81
81
94
950
1,079
1,254
1,340
656
$5,865
$948
1,355
1,749
2,157
2,564
2,971
3,365
2,904
2,314
1,549
697
530
Notes:
(a)TotalCostofGoodSoldunderlevelproductiondividedinto12months.
(b)MonthlyCOGSat65.1667%ofsales,reflectingthe$435,000laborsavings
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Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
$1,778
$850
$108
$126
$145
$125
$125
$125
$145
255
225
0
225
80
225
225
225
225
225
225
32
225
31
225
31
225
32
0
197
0
199
25
20Jl
0
198
25
190
264
264
264
264
0
195
264
0
191
264
203
264
0
201
264
264
Oct.
Nov.
Dec.
Cash Inflows:
ColIection of AI
Cash Outflows:
Payment of Al
Tax Payments
Repayment of
Operating Expenses
0
192
Wages
264
194
264
0
196
264
Total
$711
$683
$764
$717
$688
$746
$691
$689
$719
$683
$680
$736
1,067
175
167
562
(656)
730
(591)
175
(543)
175
(621)
175
(566)
175
(564)
175
(574)
175
775
175
975
175
1,189
175
1,242
730
73
(416)
(368)
(446)
(391)
(389)
(399)
950
1,150
1,364
175
175
175
175
175
175
175
175
175
175
175
175
-680
0
$562
0
0
$730
102
102
591
693
$175
543
1,236
$175
621
1,856
$175
566
2,423
$175
564
2,987
$175
574
3,561
$175
(775)
2,786
$175
(975)
1,811
(1,189)
622
$175
Long-term debt
Beginning Cash
Ending Cash before
any Loan Incr. Deer.
Increase
End-of-month Loan
End-of-month Cash
$175
$175
MQllthly
Sales $1.,778 $850 $108 $126 $145 $125 $125 $125 $145 $1,458 $1,655 $1,925 $2,057 $1,006
AI
Ending
Balance (a)
$2,628 $958 $234 $271 $270 $250 $250 $270 $1,603 $3,113 $3,580 $3,982 $3,063
Cash
Infows
$1,778 $850 $108 $126 $145 $125 $125 $125 $145 $1,458 $1,655 $1,925
Notes:
June
July
Jan.
Feb.
Mar.
($102)
($99)
($96)
(Inc.) Deer. AI
1,670
724
(37)
20
(20)
(Ine.)Deer. Inventory
(418)
(407)
(394)
(407)
(407)
(407)
(394)
461
Inc. (Deer.) NP
(30)
(53)
(51)
(129)
(83)
(53)
(84)
(25)
Net
Income
Apr.
May
Aug.
Sept.
Oct.
Nov.
Dec.
$203
$250
$314
$347
$106
(467)
(402)
919
590
766
852
167
(52)
104
97
162
179
22
(25)
($564)
($574)
$775
$975
$1,189
175
175
175
175
175
($399)
$950
175
574
3,561
$175
175
(775)
2,786
(1,333) (1,510)
175
562
Beginning Cash
Ending Cash before
any Loan Inc. or Rep. $1,242 $730
730
$73
175
0
0
175
102
102
$730
$175
175
591
693
$175
175
End of
175
175
175
543
1,236
$175
175
175
175
621
1,856
175
566
2,423
$175
$175
175
564
2,987
$175
$175
$1,150 $1,364
175
(975)
1,811
$175
175
(1,189)
622
$175
Actual
Assets
Cash
Accounts Receivable (a
Inventory (b)
Current Assets
Total Assets
Dec-9O
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
$175
530
$562
958
948
$730
234
1,355
$175
271
1,749
$175
270
2,157
$175
250
2,564
$175
250
2,971
$175
270
3,365
$175
1,603
2,904
$75
3,113
2,314
$175
3,580
1,549
$175
3,982
697
$175
3,063
530
3,333
1,070
2,469
1,070
2,319
1,070
2,195
1,070
2,602
1,070
2,989
1,070
3,396
1,070
3,810
1,070
4,682
1,070
5,602
1,070
5,304
1,070
4,854
1,070
3,768
1,070
2,628
(24)
225
102
(153)
225
693
(236)
225
1,236
(289)
225
1,856
(374)
225
2,423
(425)
225
2,987
(321)
225
3,561
(224)
225
2,786
(62)
225
1,811
116
225
622
139
50
302
50
251
50
224
50
732
50
1,222
50
1,758
.50
2,272
50
2,941
50
3,612
50
2,999
50
2,202
50
1,036
400
2,836
400
2,737
400
2,641
400
2,540
400
2,437
375
2,333
375
2,233
375
2,436
375
2,686
375
3,000
375
3,346
350
3,452
255
680
80
225
225
27
50
1,065
Long-term debt
Current Portion (0
Current Liabilities
400
Long-term Debt
Shareholders'Equity (h 2,938
Total Liabilities
&
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