Financial Statement - X

Short Term Assets Cash Receivables Inventory Total Long Term Assets Machinery Buildings Total Retained Earnings 734 734 2,574 1,733 4,307 100 345 837 1,282

Working Capital

610 610
-

TOTAL ASSETS

5,589

Financial Statement - XYZ Corporation

CZK ,000 Short Term Liabilities Bank Loan Payables Total Long Term Liabilities LT Bank Loan Mortgage Total 1,237 946 2,183 250 422 672

TOTAL LIABILITIES
Shareholders' Equity Capital Shares Retained Earnings Total

2,855
2,000 734 2,734

TOTAL SHAREHOLDERS' EQUITY & LIABILITIES

5,589

Cash 100

Receivables 345

100 100

345 345

Bank Loan 250

Payables 422

250 250

422 422

1. Purchase Inventory - 150 on credit 2. Sell Inventory on credit for 1000 - M/U = 100% 3. Borrow 300 from Bank 4. Pay Supplier - 250 5. Receive Payment for 1200 6. Pay balance of Bank Loan 7. Purchase inventory for 300 cash 8. Sell Inventory for 300 - M/U = 50%

Inventory 837

837 837

Retained Earnings 734

734 734

0 - M/U = 100%