Elvis Products International

Income Statement
For the Year Ended Dec, 31, 2014
2014 2013
Sales 3,850,000 3,432,000
Cost of Goods Sold 3,250,000 2,864,000
Gross Profit 600,000 568,000
Selling and G&A Expenses 330,300 240,000
Fixed Expenses 100,000 100,000
Depreciation Expense 20,000 18,900
EBIT 149,700 209,100
Interest Expense 76,000 62,500
Earnings Before Taxes 73,700 146,600
Taxes 29,480 58,640
Net Income 44,220 87,960

Notes:
Tax Rate 40%
B7 = B5-B6

B11 = B7-SUM(B8:B10)

B13 = B11-B12
B14 = B13*$B18
B15 = B13-B14
 Elvis Products International
Balance Sheet
As of Dec, 31, 2014
Assets 2014 2013
Cash and Equivalents 52,000 57,600
Account Receivable 402,000 351,200
Inventory 836,000 715,200
Total Current Assets 1,290,000 1,124,000
Plant & Equipment 527,000 491,000
Accumulated Depreciation 166,200 146,200
Net Fixed Assets 360,800 344,800
Total Assets 1,650,800 1,468,800
Liabilities and Owner's Equity
Account Payable 175,200 145,600
Short-term Notes Payable 225,000 200,000
Other Current Liabilities 140,000 136,000
Total Current Liabilites 540,200 481,600
Long-term Debt 424,612 323,432
Total Liabilities 964,812 805,032
Common Stock 460,000 460,000
Retained Earnings 225,988 203,768
Total Shareholder's Equity 685,988 663,768
Total Liabilities and Owner's Equity 1,650,800 1,468,800
B8 =SUM(B5:B7)

B11 =B9-B10
B12 =B8+B11

B17 =SUM(B14:B16)

B19 =B17+B18

B22 =SUM(B20:B21)
B23 =B19+B22
 Elvis Products International
Income Statement
For the Year Ended Dec, 31, 2014
2014 2013
Sales 3,850.00 3,432.00
Cost of Goods Sold 3,250.00 2,864.00
Gross Profit 600.00 568.00
Selling and G&A Expenses 330.30 240.00
Fixed Expenses 100.00 100.00
Depreciation Expense 20.00 18.90
EBIT 149.70 209.10
Interest Expense 76.00 62.50
Earnings Before Taxes 73.70 146.60
Taxes 29.48 58.64
Net Income 44.22 87.96

Notes:
Tax Rate 40%
1. Block B5:C23
2. Klik kanan, format cells
3. Pilih custom, kemudian #,###.00,
 Elvis Products International
Balance Sheet
As of Dec, 31, 2014
Assets 2014 2013
Cash and Equivalents 52.00 57.60
Account Receivable 402.00 351.20
Inventory 836.00 715.20
Total Current Assets 1,290.00 1,124.00
Plant & Equipment 527.00 491.00
Accumulated Depreciation 166.20 146.20
Net Fixed Assets 360.80 344.80
Total Assets 1,650.80 1,468.80
Liabilities and Owner's Equity
Account Payable 175.20 145.60
Short-term Notes Payable 225.00 200.00
Other Current Liabilities 140.00 136.00
Total Current Liabilites 540.20 481.60
Long-term Debt 424.61 323.43
Total Liabilities 964.81 805.03
Common Stock 460.00 460.00
Retained Earnings 225.99 203.77
Total Shareholder's Equity 685.99 663.77
Total Liabilities and Owner's Equity 1,650.80 1,468.80
1. Block B5:C23
2. Klik kanan, format cells
3. Pilih custom, kemudian #,###.00,
 Elvis Products International
Common-size Income Statement
For the Year Ended Dec, 31, 2014
2014 2013 Contribution
Sales 100.00% 100.00%
Cost of Goods Sold 84.42% 83.45% -0.97%
Gross Profit 15.58% 16.55%
Selling and G&A Expenses 8.58% 6.99% -1.59%
Fixed Expenses 2.60% 2.91% 0.31%
Depreciation Expense 0.52% 0.55% 0.03%
EBIT 3.88% 6.10%
Interest Expense 1.97% 1.82% -0.15%
Earnings Before Taxes 1.91% 4.28%
Taxes 0.76% 1.71% 0.95%
Net Income 1.15% 2.57% -1.42%

Notes:
Tax Rate 40%
 Elvis Products International
Common-size Balance Sheet
As Of Dec. 31, 2014
Assets 2014 2013
Cash and Equivalents 3.15% 3.92%
Accounts Receivable 24.35% 23.91%
Inventory 50.64% 48.69%
Total Current Assets 78.14% 76.52%
Plant & Equipment 31.92% 33.43%
Accumulated Depreciation 10.07% 9.95%
Net Fixed Assets 21.85% 23.48%
Total Assets 100.0% 100.00%
Liabilities and Owner's Equity
Accounts Payable 10.61% 9.91%
Short-term Notes Payable 13.63% 13.62%
Other Current Liabilities 8.48% 9.26%
Total Current Liabilities 32.72% 32.79%
Long-term Debt 25.72% 22.02%
Total Liabilities 58.44% 54.81%
Common Stock 27.87% 31.32%
Retained Earnings 13.69% 13.87%
Total Shareholder's Equity 41.56% 45.19%
Total Liabilities and Owner's Equity 100.00% 100.00%
 Elvis Products International
Statement of Cash Flows
For the Year Ended Dec, 31, 2014($ in 000's)
Cash flows from operations
Net Income 44.22
Depreciation Expense 20.00000.
Change in Accounts Receivable -50.8000.
Change in Inventories -120.8000.
Change in Account Payable 29.6000.
Change in Other Current Liabilities 4.00000.
Total Cash Flows from Operations -73.78
Cash Flows from Investing
Change in Plant & Equipment -36.00000.
Total Cash Flows from Investing -36.00000.
Cash Flows from Financing
Change in Short-term Notes Payable 25.0000.
Change in Long-term Debt 101.1800.
Change in Common Stock .0000.
Cash Dividends Paid to Shareholders -22.0000.
Total Cash Flows from Financing 104.1800.
Net Change in Cash Balance -5.6000.
 Elvis Products International
Statement of Cash Flows
For the Year Ended Dec, 31, 2014 ($ in 000's)
Total Cash Flows from Operations -73.78
Total Cash Flows from Investing -36.00000.
Total Cash Flows from Financing 104.18
Net Change in Cash Balance -5.6000.
Block A4:C10 kemudian klik alt+shift+(tanda panah ke kanan), , pilih row
Block A12:C13 kemudian klik alt+shift+(tanda panah ke kanan), pilih row
Block A16:C19 kemudian klik alt+shift+(tanda panah ke kanan), pilih row
Block A4:C10 kemudian klik option+shift+(tanda panah ke kanan), pilih row
Block A12:C13 kemudian klik option+shift+(tanda panah ke kanan), pilih row
Block A16:C19 kemudian klik option+shift+(tanda panah ke kanan), pilih row
 Elvis Products International
Statement of Cash Flows
For the Year Ended Dec, 31, 2014 ($ in 000's)
Cash flows from operations % of Sales
Net Income 0.00115%
Depreciation Expense 0.00052%
Change in Accounts Receivable -0.00132%
Change in Inventories -0.00314%
Change in Account Payable 0.00077%
Change in Other Current Liabilities 0.00010%
Total Cash Flows from Operations -0.00192%
Cash Flows from Investing
Change in Plant & Equipment -0.00094%
Total Cash Flows from Investing -0.00094%
Cash Flows from Financing
Change in Short-term Notes Payable 0.00065%
Change in Long-term Debt 0.00263%
Change in Common Stock 0.00000%
Cash Dividends Paid to Shareholders -0.00057%
Total Cash Flows from Financing 0.00271%
Net Change in Cash Balance -0.00015%
B5 ='Exhibit 2-7'!B5/'Exhibit 2-3'!B$5
B6 ='Exhibit 2-7'!B6/'Exhibit 2-3'!B$5
B7 ='Exhibit 2-7'!B7/'Exhibit 2-3'!B$5
B8 ='Exhibit 2-7'!B8/'Exhibit 2-3'!B$5
B9 ='Exhibit 2-7'!B9/'Exhibit 2-3'!B$5
B10 ='Exhibit 2-7'!B10/'Exhibit 2-3'!B$5
C11 =SUM(B5:B10)

B13 ='Exhibit 2-7'!B13/'Exhibit 2-3'!B$5

C14 =B13

B16 ='Exhibit 2-7'!B16/'Exhibit 2-3'!B$5

B17 ='Exhibit 2-7'!B17/'Exhibit 2-3'!B$5
B18 ='Exhibit 2-7'!B18/'Exhibit 2-3'!B$5
B19 ='Exhibit 2-7'!B19/'Exhibit 2-3'!B$5
C20 =SUM(16:B19)
C21 =SUM(C11:C20)
 Elvis Products International
Statement of Cash Flows
For the Year Ended Dec, 31, 2014 ($ in 000's)
Cash flows from operations % of Beginning Cash
Net Income 0.08%
Depreciation Expense 0.03%
Change in Accounts Receivable -0.09%
Change in Inventories -0.21%
Change in Account Payable 0.05%
Change in Other Current Liabilities 0.01%
Total Cash Flows from Operations -0.13%
Cash Flows from Investing
Change in Plant & Equipment -0.06%
Total Cash Flows from Investing -0.06%
Cash Flows from Financing
Change in Short-term Notes Payable 0.04%
Change in Long-term Debt 0.18%
Change in Common Stock 0.00%
Cash Dividends Paid to Shareholders -0.04%
Total Cash Flows from Financing 0.18%
Net Change in Cash Balance -0.01%
B5 ='Exhibit 2-7'!B5/'Exhibit 2-4'!C$5
B6 ='Exhibit 2-7'!B6/'Exhibit 2-4'!C$5
B7 ='Exhibit 2-7'!B7/'Exhibit 2-4'!C$5
B8 ='Exhibit 2-7'!B8/'Exhibit 2-4'!C$5
B9 ='Exhibit 2-7'!B9/'Exhibit 2-4'!C$5
B10 ='Exhibit 2-7'!B10/'Exhibit 2-4'!C$5
C10 =SUM(B5:B10)

B13 ='Exhibit 2-7'!B13/'Exhibit 2-4'!C$5

C14 =B13

B16 ='Exhibit 2-7'!B16/'Exhibit 2-4'!C$5

B17 ='Exhibit 2-7'!B17/'Exhibit 2-4'!C$5
B18 ='Exhibit 2-7'!B18/'Exhibit 2-4'!C$5
B19 ='Exhibit 2-7'!B19/'Exhibit 2-4'!C$5
B20 =SUM(B16:B19)
B21 =SUM(B16:B20)