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Income statement

Sales

Operating expense
Depreciation
Interest expense
Notes payable
LT debt
PBT
Tax, 30%
PAT
Dividends

9-10
72000000

10-11
93600000

1500000
57500

1875000
50250

100000
84655
600000
570000
69742500
91020095
20922750 27306028.5
48819750 63714066.5

Balance Sheet
Assets
CA
Accounts receivables
Inventory
Branded computers
Accessories

9-10

10-11

4500000
93600000
4500000
1400000

1872000
2496000
5900000

Fixed Assets
Furniture
Office computers

425000
75000

382500
60000
500000
10900000

Total Assets
Liabilities
Current liabilities
Accounts payable
10% notes payable

4368000

1500000
1000000

442500

846550
2500000

Long term liabilities


Share capital
12% Long tem loan
Total liabilities

3400000
5000000
Total

52219750
4000000
8400000
10900000

56219750

56160000 1872000
37440000 2496000

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