MOULTON CORPORATION
Income Statement
For Year 13
Sales
Cost of Goods Sold
Gross Profit
Operating Expenses (OPEX)
Selling & Administrative
Insurance
Depreciation
EBIT
Interest Expense
EBT
Income Tax
NET INCOME
Year 13
2,000,000.00
(1,200,000.00)
800,000.00
(625,000.00)
(12,000.00)
(34,000.00)
129,000.00
(26,400.00)
102,600.00
(41,040.00)
61,560.00
%
100.00%
-60.00%
40.00%
-31.25%
-0.60%
-1.70%
6.45%
-1.32%
5.13%
-2.05%
3.08%
MOULTON CORPORATION
Comparative Balance Sheet
For 2012 and 2013
31/12/12
Current Assets
Cash
Accounts Receivable
Inventories
Prepaid Insurance
Total Current Assets
Noncurrent Assets
Land
Building
Equipment
Accumulated Depreciation
Total Noncurrent Assets
Total Assets
Current Liabilities
Accounts Payable
Notes Payable
Interest Payable
Income Tax Payable
Total Current Liabitilies
Noncurrent Liabilities (LP)
Total Liabilities
Shareholders' Equity (SHE)
Common Stock/ Ordinary Shares
Retained Earnings
Total Shareholders' Equity
Total Liabilities and SHE
31/12/13
343,000.00
275,000.00
12,000.00
630,000.00
28.35%
0.00%
22.73%
0.99%
52.07%
85,600.00
600,000.00
175,000.00
860,600.00
6.09%
42.66%
12.44%
0.00%
61.18%
50,000.00
450,000.00
80,000.00
580,000.00
1,210,000.00
4.13%
37.19%
6.61%
0.00%
47.93%
100.00%
50,000.00
450,000.00
80,000.00
(34,000.00)
546,000.00
1,406,600.00
3.55%
31.99%
5.69%
-2.42%
38.82%
100.00%
30,000.00
80,000.00
2.48%
6.61%
180,000.00
-
12.80%
0.00%
110,000.00
300,000.00
410,000.00
0.00%
0.00%
9.09%
24.79%
33.88%
24,000.00
41,040.00
245,040.00
300,000.00
545,040.00
1.71%
2.92%
17.42%
21.33%
38.75%
800,000.00
800,000.00
1,210,000.00
66.12%
0.00%
66.12%
100.00%
800,000.00
61,560.00
861,560.00
1,406,600.00
56.87%
4.38%
61.25%
100.00%