Mcdollibee

Income Statement
2019 2018
Net Sales 7,457,736 6,396,040
Less: Cost of Goods Sold 6,228,552 5,859,680
Gross Profit 1,229,184 536,360
Less: Expenses 886,177 561,974
Operting Income 343,007 -25,614
Less: Interest Expense 74,208 144,173
Net Income 268,799 -169,787

Balance Sheet
2019 2018
Cash 91,626 7,792
Accounts Receivable 939,460 676,411
Inventories 1,836,634 1,377,475
Prepaid Rent 180,000 360,000
Total Current Asset 3,047,720 2,421,678
Equipment 1,280,961 1,287,157
Less: Accumulated Depreciatio 406,728 281,581
Total Fixed Asset 874,233 1,005,575
Total Assets 3,921,953 3,427,253

Accounts Payable 467,376 560,851

Notes Payable 321,000 681,385
Accrual 436,560 523,872
Total Current Liabilities 1,224,936 1,766,108
Long Term Debt 608,000 1,134,072
Owners Capital 2,089,017 527,073
Total Liabilities and Capital 3,921,953 3,427,253
 Vertical Analysis Horizontal Analysis
2019 2018 Change in Amount Percent Change
100% 100% 1,061,696 16.60%
83.52% 91.61% 368,872 6.30%
16.48% 8.39% 692,824 129.17%
11.88% 8.79% 324,203 57.69%
4.60% -0.40% 368,621 1439.14%
1% 2.25% -69,965 -48.53%
3.60% 2.65% 99,012 58.32%

Vertical Analysis Horizontal Analysis

2019 2018 Change in Amount Percent Change
2.34% 0.23% 83,834 1075.90%
23.95% 19.74% 263,049 38.89%
46.83% 40.19% 459,159 33.33%
4.59% 10.50% -180,000 -50%
77.71% 70.66% 626,042 25.85%
32.66% 37.56% -6,196 -0.48%
10.37% 8.22% 125,147 44.44%
22.29% 29.34% -131,342 -13.06%
100% 100% 494,700 14.43%

11.92% 16.36% -93,475 -16.67%

8.18% 19.88% -360,385 -52.89%
11.13% 15.29% -87,312 -16.67%
31.23% 51.53% -541,172 -30.64%
15.50% 33.09% -526,072 -46.39%
53.26% 15.38% 1,561,944 296.34%
100% 100% 494,700 14.43%
 Financial Ratio (2019)
Liquidity Ratio Solvency and Stability Ratio Profitability Ratio
Current Ratio Times Interest Earned Gross Profit Margin
2.49 4.62 16.48%
Acid Test Ratio (Quick Ratio) Debt Ratio Operating Profit Margin
0.84 46.74% 4.60%
Reeivables TurnOver Equity Ratio Net Profit Margin
9.23 53.26% 3.60%
Age of Receivable
39.54 or 40
Inventory TurnOver
3.88
Age of Invetory
94.07 or 94
 Financial Ratio (2018)
Liquidity Ratio Solvency and Stability Ratio Profitability Ratio
Current Ratio Times Interest Earned Gross Profit Margin
1.37 -0.18 8.39%
Acid Test Ratio (Quick Ratio) Debt Ratio Operating Profit Margin
0.39 84.62% -0.40%
Reeivables TurnOver Equity Ratio Net Profit Margin
15.38% -2.65%
Age of Receivable

Inventory TurnOver

Age of Invetory
Income Statement

Balance Sheet
Vertical Analysis Horizontal Analysis
Change in Amount Percent Change

Vertical Analysis Horizontal Analysis

Change in Amount Percent Change