Date: March 2005

Opening Balance Opening Balance Current Period Current Period Current Period
Account Description This Year YTD Debits YTD Credits YTD Movement This Period Debits Credits Movement
ASSETS
Current Assets
1000 Cash and equivalents 3,862,508 5,052,759 3,421,160 1,631,599 4,851,115 965,735 322,744 642,991
1100 A/R - trade 10,290,145 7,990,628 4,922,866 3,067,762 13,560,733 750,851 953,677 (202,826)
1110 A/R - other (44,611) 0 14,938 (14,938) (58,239) 0 1,310 (1,310)
1199 Allowance for bad debts (139,569) 0 46,523 (46,523) (181,719) 0 4,373 (4,373)
1200 Inventory 702,699 208,522 0 208,522 905,835 5,386 0 5,386
1900 Other current assets 65,395 22,825 0 22,825 86,416 1,804 0 1,804
Total Current Assets Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
Other Assets
2000 Fixed assets (11,815) 0 4,027 (4,027) (15,488) 0 354 (354)
2100 Accumulated depreciation (737,469) 0 245,823 (245,823) (960,185) 0 23,107 (23,107)
2900 Other assets 15,542 5,126 0 5,126 20,270 398 0 398
Total Other Assets Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
TOTAL ASSETS Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
LIABILITIES & OWNERS' EQUITY
Current Liabilities
3000 Accounts payable (1,897,695) 3,200,696 3,795,779 (595,083) (2,452,350) 316,387 356,815 (40,428)
3100 Accrued payroll (16,555) 5,492 0 5,492 (11,554) 491 0 491
3400 Other current liabilities (404,090) 0 141,702 (141,702) (532,974) 0 12,819 (12,819)
Total Current Liabilities Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
Other Liabilities
3500 Long-term notes (12,303) 0 4,163 (4,163) (16,187) 0 279 (279)
3900 Other liabilities (12,550) 0 2,506 (2,506) (14,795) 0 261 (261)
Total Other Liabilities Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
TOTAL LIABILITIES Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
Owners' Equity
4000 Capital stock (7,451) 0 2,501 (2,501) (9,741) 0 211 (211)
4500 Retained earnings (11,652,180) 0 0 0 (11,652,180) 0 0 0
Total Owners' Equity Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
Revenue
5000 In Store sales 0 0 2,452,399 (2,452,399) (2,221,873) 0 230,526 (230,526)
5200 Catalog sales 0 0 1,471,399 (1,471,399) (1,333,088) 0 138,312 (138,312)
5800 Consulting sales 0 0 2,391,287 (2,391,287) (2,166,506) 0 224,781 (224,781)
5900 Other revenue 0 0 59,518 (59,518) (53,923) 0 5,595 (5,595)

© Copyright, 2003, JaxWorks, All Rights Reserved.

Date: March 2005

Opening Balance Opening Balance Current Period Current Period Current Period
Account Description This Year YTD Debits YTD Credits YTD Movement This Period Debits Credits Movement
Total Revenue Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
Direct Expense
6000 Direct material 0 713,118 0 713,118 646,085 67,033 0 67,033
6100 Direct labor 0 911,319 0 911,319 825,655 85,664 0 85,664
6200 Other direct cost 0 537,186 0 537,186 486,691 50,495 0 50,495
6900 Sales and marketing 0 318,655 0 318,655 288,701 29,954 0 29,954
Total Direct Expense Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
Gross Profit Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
Indirect Expense
5100 Telephone sales 0 0 1,592,399 (1,592,399) (1,442,713) 0 149,685 (149,685)
7000 Accounting and legal 0 56,495 0 56,495 51,184 5,311 0 5,311
7100 Communication & telephone 0 87,364 0 87,364 79,152 8,212 0 8,212
7200 Deprec & amortization 0 245,823 0 245,823 222,716 23,107 0 23,107
7300 Facilites and rent 0 273,640 0 273,640 247,918 25,722 0 25,722
7500 Office expense & misc 0 116,167 0 116,167 105,247 10,920 0 10,920
7600 Salaries 0 281,069 0 281,069 254,649 26,420 0 26,420
7700 Taxes - business 0 195,643 0 195,643 177,253 18,390 0 18,390
7800 Bad debt expense 0 46,523 0 46,523 42,150 4,373 0 4,373
7400 Interest expense 0 73,340 0 73,340 66,446 6,894 0 6,894
9990 Income taxes 0 226,600 0 226,600 205,300 21,300 0 21,300
Total Indirect Expense Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
Net Loss (Profit) Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522
TOTAL LIABILITIES & OWNERS' EQUITY Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522

© Copyright, 2003, JaxWorks, All Rights Reserved.

Date: March 2005

Account Description Closing Balance

ASSETS
Current Assets
1000 Cash and equivalents 5,494,107
1100 A/R - trade 13,357,907
1110 A/R - other (59,548)
1199 Allowance for bad debts (186,092)
1200 Inventory 911,221
1900 Other current assets 88,220
Total Current Assets Err:522
Other Assets
2000 Fixed assets (15,842)
2100 Accumulated depreciation (983,292)
2900 Other assets 20,668
Total Other Assets Err:522
TOTAL ASSETS Err:522
LIABILITIES & OWNERS' EQUITY
Current Liabilities
3000 Accounts payable (2,492,778)
3100 Accrued payroll (11,063)
3400 Other current liabilities (545,793)
Total Current Liabilities Err:522
Other Liabilities
3500 Long-term notes (16,466)
3900 Other liabilities (15,056)
Total Other Liabilities Err:522
TOTAL LIABILITIES Err:522
Owners' Equity
4000 Capital stock (9,952)
4500 Retained earnings (11,652,180)
Total Owners' Equity Err:522
Revenue
5000 In Store sales (2,452,399)
5200 Catalog sales (1,471,399)
5800 Consulting sales (2,391,287)
5900 Other revenue (59,518)

© Copyright, 2003, JaxWorks, All Rights Reserved.

Date: March 2005

Account Description Closing Balance

Total Revenue Err:522
Direct Expense
6000 Direct material 713,118
6100 Direct labor 911,319
6200 Other direct cost 537,186
6900 Sales and marketing 318,655
Total Direct Expense Err:522
Gross Profit Err:522
Indirect Expense
5100 Telephone sales (1,592,399)
7000 Accounting and legal 56,495
7100 Communication & telephone 87,364
7200 Deprec & amortization 245,823
7300 Facilites and rent 273,640
7500 Office expense & misc 116,167
7600 Salaries 281,069
7700 Taxes - business 195,643
7800 Bad debt expense 46,523
7400 Interest expense 73,340
9990 Income taxes 226,600
Total Indirect Expense Err:522
Net Loss (Profit) Err:522
TOTAL LIABILITIES & OWNERS' EQUITY Err:522

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Balance Sheet
Date: March 2000

Account Description March 2000

ASSETS
Current Assets
1000 Cash and equivalents 5,494,107
1100 A/R - trade 13,357,907
1110 A/R - other (59,548)
1199 Allowance for bad debts (186,092)
1200 Inventory 911,221
1900 Other current assets 88,220
Total Current Assets Err:522
Other Assets
2000 Fixed assets (15,842)
2100 Accumulated depreciation (983,292)
2900 Other assets 20,668
Total Other Assets Err:522
TOTAL ASSETS Err:522
LIABILITIES & OWNERS' EQUITY
Current Liabilities
3000 Accounts payable 2,492,778
3100 Accrued payroll 11,063
3400 Other current liabilities 545,793
Total Current Liabilities Err:522
Other Liabilities
3500 Long-term notes 16,466
3900 Other liabilities 15,056
Total Other Liabilities Err:522
TOTAL LIABILITIES Err:522
Owners' Equity
4000 Capital stock 9,952
4500 Retained earnings 11,652,180
Net Income 3,884,060
Total Owners' Equity Err:522
TOTAL LIABILITIES & OWNERS' EQUITY Err:522

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Balance Sheet
Date: March 2000

Account Description March 1999 March 2000 Change

ASSETS
Current Assets
1000 Cash and equivalents 3,862,508 5,494,107 1,631,599
1100 A/R - trade 10,290,145 13,357,907 3,067,762
1110 A/R - other (44,611) (59,548) (14,938)
1199 Allowance for bad debts (139,569) (186,092) (46,523)
1200 Inventory 702,699 911,221 208,522
1900 Other current assets 65,395 88,220 22,825
Total Current Assets Err:522 Err:522 Err:522
Other Assets
2000 Fixed assets (11,815) (15,842) (4,027)
2100 Accumulated depreciation (737,469) (983,292) (245,823)
2900 Other assets 15,542 20,668 5,126
Total Other Assets Err:522 Err:522 Err:522
TOTAL ASSETS Err:522 Err:522 Err:522
LIABILITIES & OWNERS' EQUITY
Current Liabilities
3000 Accounts payable 1,897,695 2,492,778 595,083
3100 Accrued payroll 16,555 11,063 (5,492)
3400 Other current liabilities 404,090 545,793 141,702
Total Current Liabilities Err:522 Err:522 Err:522
Other Liabilities
3500 Long-term notes 12,303 16,466 4,163
3900 Other liabilities 12,550 15,056 2,506
Total Other Liabilities Err:522 Err:522 Err:522
TOTAL LIABILITIES Err:522 Err:522 Err:522
Owners' Equity
4000 Capital stock 7,451 9,952 2,501
4500 Retained earnings 7,768,120 11,652,180 3,884,060
Net Income 3,884,060 3,884,060 (0)
Total Owners' Equity Err:522 Err:522 Err:522
TOTAL LIABILITIES & OWNERS' EQUITY Err:522 Err:522 Err:522

© Copyright, 2003, JaxWorks, All Rights Reserved.

Date: December 2021

Current
Account Description March 2000 February 2000 Change

Cash Flow From Operations

0 Net Income 365,102 361,218 3,884
1100 Net change in Accounts receivable - trade 202,826 (299,201) 502,028
1110 Net change in Accounts receivable - other 1,310 1,179 131
1199 Net change in Allowance for bad debts 4,373 4,327 47
1200 Net change in Inventory (5,386) (10,027) 4,642
1900 Net change in Other current assets (1,804) (2,035) 231
3000 Net change in Accounts payable 40,428 40,086 342
3100 Net change in Accrued payroll (491) (406) (85)
3400 Net change in Other current liabilities 12,819 12,146 673
Total Cash Flow From Operations 619,177 107,286 511,891
Cash Flow From Investments
2900 Increases in Other assets (398) (420) 22
2000 Decreases in Fixed assets 354 346 8
2100 Decreases in Accumulated depreciation 23,107 22,862 246
Total Cash Flow From Investments 23,063 22,788 276
Cash Flow From Financing
3500 Increases in Long-term notes 279 318 (39)
3900 Increases in Other liabilities 261 189 72
4000 Increases in Capital stock 211 203 8
Total Cash Flow From Financing 751 710 41
Total Cash Flow 642,991 130,783 512,208

© Copyright, 2003, JaxWorks, All Rights Reserved.

Date: December 2021

YTD YTD YTD

Account Description March 2000 March 1999 Change

Cash Flow From Operations

0 Net Income 3,884,060 3,884,060 (0)
1100 Net change in Accounts receivable - trade (3,067,762) (3,611,191) 543,429
1110 Net change in Accounts receivable - other 14,938 14,836 101
1199 Net change in Allowance for bad debts 46,523 46,523 0
1200 Net change in Inventory (208,522) (247,089) 38,567
1900 Net change in Other current assets (22,825) (21,285) (1,540)
3000 Net change in Accounts payable 595,083 651,306 (56,224)
3100 Net change in Accrued payroll (5,492) 11,024 (16,516)
3400 Net change in Other current liabilities 141,702 131,194 10,508
Total Cash Flow From Operations 1,377,705 859,378 518,327
Cash Flow From Investments
2900 Increases in Other assets (5,126) (5,208) 82
2000 Decreases in Fixed assets 4,027 3,894 133
2100 Decreases in Accumulated depreciation 245,823 245,823 (0)
Total Cash Flow From Investments 244,724 244,509 215
Cash Flow From Financing
3500 Increases in Long-term notes 4,163 4,070 93
3900 Increases in Other liabilities 2,506 5,022 (2,516)
4000 Increases in Capital stock 2,501 2,475 26
Total Cash Flow From Financing 9,170 11,567 (2,397)
Total Cash Flow 1,631,599 1,115,454 516,145

© Copyright, 2003, JaxWorks, All Rights Reserved.

Date: April 1999 - March 2000

Account Description April 1999 May 1999 June 1999 Quarter 1, FY2000 July 1999 August 1999

Cash Flow From Operations

0 Net Income 275,768 279,652 295,189 850,609 302,957 314,609
1100 Net change in Accounts receivable - trade (566,488) (228,611) (255,774) (1,050,873) (252,000) (266,488)
1110 Net change in Accounts receivable - other 998 1,318 1,341 3,657 1,304 1,292
1199 Net change in Allowance for bad debts 3,303 3,350 3,536 10,189 3,629 3,768
1200 Net change in Inventory (89,959) (8,712) (19,078) (117,750) (10,160) (14,749)
1900 Net change in Other current assets (1,836) (1,887) (1,840) (5,563) (1,863) (1,768)
3000 Net change in Accounts payable 194,284 30,987 33,005 258,276 33,656 35,043
3100 Net change in Accrued payroll (418) (430) (524) (1,372) (462) (520)
3400 Net change in Other current liabilities 12,343 12,447 12,434 37,224 11,505 10,963
Total Cash Flow From Operations (172,005) 88,113 68,288 (15,603) 88,565 82,150
Cash Flow From Investments
2900 Increases in Other assets (491) (420) (443) (1,354) (437) (414)
2000 Decreases in Fixed assets 372 336 344 1,052 327 360
2100 Decreases in Accumulated depreciation 17,453 17,699 18,683 53,835 19,174 19,912
Total Cash Flow From Investments 17,334 17,615 18,584 53,533 19,064 19,858
Cash Flow From Financing
3500 Increases in Long-term notes 312 396 319 1,027 359 324
3900 Increases in Other liabilities 262 226 207 695 204 184
4000 Increases in Capital stock 202 180 171 553 233 174
Total Cash Flow From Financing 776 802 697 2,275 796 682
Total Cash Flow (153,894) 106,531 87,568 40,205 108,425 102,690

© Copyright, 2003, JaxWorks, All Rights Reserved.

Date: April 1999 - March 2000

Account Description September 1999 Quarter 2, FY2000 October 1999 November 1999

Cash Flow From Operations

0 Net Income 322,377 939,943 330,145 337,913
1100 Net change in Accounts receivable - trade (267,851) (786,339) (274,110) (280,516)
1110 Net change in Accounts receivable - other 1,090 3,686 1,306 1,261
1199 Net change in Allowance for bad debts 3,861 11,259 3,954 4,047
1200 Net change in Inventory (10,066) (34,975) (9,952) (10,132)
1900 Net change in Other current assets (2,087) (5,718) (2,057) (1,823)
3000 Net change in Accounts payable 35,805 104,505 36,660 37,512
3100 Net change in Accrued payroll (437) (1,419) (470) (485)
3400 Net change in Other current liabilities 9,545 32,013 10,104 12,359
Total Cash Flow From Operations 92,238 262,953 95,581 100,137
Cash Flow From Investments
2900 Increases in Other assets (418) (1,269) (413) (463)
2000 Decreases in Fixed assets 264 951 351 343
2100 Decreases in Accumulated depreciation 20,403 59,489 20,895 21,387
Total Cash Flow From Investments 20,249 59,171 20,833 21,267
Cash Flow From Financing
3500 Increases in Long-term notes 352 1,035 418 391
3900 Increases in Other liabilities 225 613 157 171
4000 Increases in Capital stock 253 660 178 239
Total Cash Flow From Financing 830 2,308 753 801
Total Cash Flow 113,317 324,432 117,167 122,205

© Copyright, 2003, JaxWorks, All Rights Reserved.

Date: April 1999 - March 2000

Account Description December 1999 Quarter 3, FY2000 January 2000 February 2000 March 2000

Cash Flow From Operations

0 Net Income 345,681 1,013,740 353,449 361,218 365,102
1100 Net change in Accounts receivable - trade (286,684) (841,310) (292,865) (299,201) 202,826
1110 Net change in Accounts receivable - other 1,318 3,885 1,222 1,179 1,310
1199 Net change in Allowance for bad debts 4,141 12,142 4,234 4,327 4,373
1200 Net change in Inventory (10,059) (30,142) (10,241) (10,027) (5,386)
1900 Net change in Other current assets (1,878) (5,758) (1,947) (2,035) (1,804)
3000 Net change in Accounts payable 38,375 112,547 39,240 40,086 40,428
3100 Net change in Accrued payroll (434) (1,389) (415) (406) (491)
3400 Net change in Other current liabilities 11,727 34,190 13,310 12,146 12,819
Total Cash Flow From Operations 102,187 297,905 105,988 107,286 619,177
Cash Flow From Investments
2900 Increases in Other assets (390) (1,266) (419) (420) (398)
2000 Decreases in Fixed assets 333 1,027 297 346 354
2100 Decreases in Accumulated depreciation 21,878 64,160 22,370 22,862 23,107
Total Cash Flow From Investments 21,821 63,921 22,248 22,788 23,063
Cash Flow From Financing
3500 Increases in Long-term notes 347 1,156 348 318 279
3900 Increases in Other liabilities 186 514 234 189 261
4000 Increases in Capital stock 231 648 226 203 211
Total Cash Flow From Financing 764 2,318 808 710 751
Total Cash Flow 124,772 364,144 129,044 130,783 642,991

© Copyright, 2003, JaxWorks, All Rights Reserved.

Date: April 1999 - March 2000

Account Description Quarter 4, FY2000 Total

Cash Flow From Operations

0 Net Income 1,079,769 3,884,060
1100 Net change in Accounts receivable - trade (389,240) (3,067,762)
1110 Net change in Accounts receivable - other 3,711 14,938
1199 Net change in Allowance for bad debts 12,933 46,523
1200 Net change in Inventory (25,654) (208,522)
1900 Net change in Other current assets (5,786) (22,825)
3000 Net change in Accounts payable 119,755 595,083
3100 Net change in Accrued payroll (1,312) (5,492)
3400 Net change in Other current liabilities 38,275 141,702
Total Cash Flow From Operations 832,451 1,377,705
Cash Flow From Investments
2900 Increases in Other assets (1,237) (5,126)
2000 Decreases in Fixed assets 997 4,027
2100 Decreases in Accumulated depreciation 68,339 245,823
Total Cash Flow From Investments 68,099 244,724
Cash Flow From Financing
3500 Increases in Long-term notes 945 4,163
3900 Increases in Other liabilities 684 2,506
4000 Increases in Capital stock 640 2,501
Total Cash Flow From Financing 2,269 9,170
Total Cash Flow 902,818 1,631,599

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: Mar-2000

Account Description Mar-2000 Feb-2000 Variance % Chg

Revenue
5000 In Store sales 230,526 228,073 2,452 1.08%
5200 Catalog sales 138,312 136,840 1,471 1.08%
5800 Consulting sales 224,781 222,390 2,391 1.08%
5900 Other revenue 5,595 5,535 60 1.08%
Total Revenue 599,213 592,838 6,375 1.08%
Cost of Sales
6000 Direct material 67,033 66,320 (713) (1.08)%
6100 Direct labor 85,664 84,753 (911) (1.08)%
6200 Other direct cost 50,495 49,958 (537) (1.08)%
6900 Sales and marketing 29,954 29,635 (319) (1.08)%
Total Cost of Sales 233,146 230,666 (2,480) (1.08)%
Gross Profit 366,067 362,172 3,894 1.08%
Operating Expenses
5100 Telephone sales (149,685) (148,093) 1,592 (1.08)%
7000 Accounting and legal 5,311 5,254 (57) (1.08)%
7100 Communications and telephone 8,212 8,125 (87) (1.08)%
7200 Depreciation and amortization 23,107 22,862 (246) (1.08)%
7300 Facilities and rent 25,722 25,449 (274) (1.08)%
7400 Interest expense 6,894 6,821 (73) (1.08)%
7500 Office expense and miscellaneous 10,920 10,804 (116) (1.08)%
7600 Salaries 26,420 26,139 (281) (1.08)%
7700 Taxes - business 18,390 18,195 (196) (1.08)%
7800 Bad debt expense 4,373 4,327 (47) (1.08)%
Total Operating Expenses (20,335) (20,119) 216 (1.07)%
Non-Operating Income
N/A Not Available 0 0 0 0.00%
Total Non-Operating Income 0 0 0 0.00%
Non-Operating Expenses
N/A Not Available 0 0 0 0.00%
Total Non-Operating Expenses 0 0 0 0.00%
Net Income before Taxes 386,402 382,291 4,111 1.08%
Income Taxes
9990 Income taxes 21,300 21,074 (227) (1.08)%
Total Income Taxes 21,300 21,074 (227) (1.08)%
Net Income after Taxes 365,102 361,218 3,884 1.08%

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: Mar-2000
YTD YTD
Account Description March 2000 March 1999 Variance % Chg
Revenue
5000 In Store sales 2,452,399 2,452,399 0 0.00%
5200 Catalog sales 1,471,399 1,471,399 0 0.00%
5800 Consulting sales 2,391,287 2,391,287 0 0.00%
5900 Other revenue 59,518 59,518 0 0.00%
Total Revenue 6,374,603 6,374,603 0 0.00%
Cost of Sales
6000 Direct material 713,118 713,118 0 0.00%
6100 Direct labor 911,319 911,319 0 0.00%
6200 Other direct cost 537,186 537,186 (0) (0.00)%
6900 Sales and marketing 318,655 318,655 0 0.00%
Total Cost of Sales 2,480,278 2,480,278 0 0.00%
Gross Profit 3,894,325 3,894,325 0 0.00%
Operating Expenses
5100 Telephone sales (1,592,399) (1,592,399) (0) 0.00%
7000 Accounting and legal 56,495 56,495 0 0.00%
7100 Communications and telephone 87,364 87,364 0 0.00%
7200 Depreciation and amortization 245,823 245,823 0 0.00%
7300 Facilities and rent 273,640 273,640 0 0.00%
7400 Interest expense 73,340 73,340 0 0.00%
7500 Office expense and miscellaneous 116,167 116,167 0 0.00%
7600 Salaries 281,069 281,069 (0) (0.00)%
7700 Taxes - business 195,643 195,643 (0) (0.00)%
7800 Bad debt expense 46,523 46,523 (0) (0.00)%
Total Operating Expenses (216,335) (216,335) (0) 0.00%
Non-Operating Income
N/A Not Available 0 0 0 0.00%
Total Non-Operating Income 0 0 0 0.00%
Non-Operating Expenses
N/A Not Available 0 0 0 0.00%
Total Non-Operating Expenses 0 0 0 0.00%
Net Income before Taxes 4,110,660 4,110,660 0 0.00%
Income Taxes
9990 Income taxes 226,600 226,600 (0) (0.00)%
Total Income Taxes 226,600 226,600 (0) (0.00)%
Net Income after Taxes 3,884,060 3,884,060 (0) (0.00)%

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Apr-1999 May-1999 Jun-1999 Quarter 1, FY2000
Revenue
5000 In Store sales 174,120 176,573 186,382 537,075
5200 Catalog sales 104,469 105,941 111,826 322,236
5800 Consulting sales 169,781 172,173 181,738 523,692
5900 Other revenue 4,226 4,285 4,523 13,034
Total Revenue 452,597 458,971 484,470 1,396,038
Cost of Sales
6000 Direct material 50,631 51,345 54,197 156,173
6100 Direct labor 64,704 65,615 69,260 199,579
6200 Other direct cost 38,140 38,677 40,826 117,644
6900 Sales and marketing 22,625 22,943 24,218 69,785
Total Cost of Sales 176,100 178,580 188,501 543,181
Gross Profit 276,497 280,391 295,969 852,857
Operating Expenses
5100 Telephone sales (113,060) (114,653) (121,022) (348,735)
7000 Accounting and legal 4,011 4,068 4,294 12,372
7100 Communications and telephone 6,203 6,290 6,640 19,133
7200 Depreciation and amortization 17,453 17,699 18,683 53,835
7300 Facilities and rent 19,428 19,702 20,797 59,927
7400 Interest expense 5,207 5,280 5,574 16,061
7500 Office expense and miscellaneous 8,248 8,364 8,829 25,441
7600 Salaries 19,956 20,237 21,361 61,554
7700 Taxes - business 13,891 14,086 14,869 42,846
7800 Bad debt expense 3,303 3,350 3,536 10,189
Total Operating Expenses (15,360) (15,576) (16,442) (47,377)
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 291,857 295,968 312,410 900,235
Income Taxes
9990 Income taxes 16,089 16,315 17,222 49,626
Total Income Taxes 16,089 16,315 17,222 49,626
Net Income after Taxes 275,768 279,652 295,189 850,609

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Jul-1999 Aug-1999 Sep-1999 Quarter 2, FY2000
Revenue
5000 In Store sales 191,287 198,644 203,549 593,481
5200 Catalog sales 114,769 119,183 122,126 356,079
5800 Consulting sales 186,520 193,694 198,477 578,691
5900 Other revenue 4,642 4,821 4,940 14,403
Total Revenue 497,219 516,343 529,092 1,542,654
Cost of Sales
6000 Direct material 55,623 57,763 59,189 172,575
6100 Direct labor 71,083 73,817 75,639 220,539
6200 Other direct cost 41,901 43,512 44,586 129,999
6900 Sales and marketing 24,855 25,811 26,448 77,115
Total Cost of Sales 193,462 200,903 205,863 600,227
Gross Profit 303,757 315,440 323,229 942,427
Operating Expenses
5100 Telephone sales (124,207) (128,984) (132,169) (385,361)
7000 Accounting and legal 4,407 4,576 4,689 13,672
7100 Communications and telephone 6,814 7,076 7,251 21,142
7200 Depreciation and amortization 19,174 19,912 20,403 59,489
7300 Facilities and rent 21,344 22,165 22,712 66,221
7400 Interest expense 5,721 5,941 6,087 17,748
7500 Office expense and miscellaneous 9,061 9,410 9,642 28,112
7600 Salaries 21,923 22,767 23,329 68,019
7700 Taxes - business 15,260 15,847 16,238 47,346
7800 Bad debt expense 3,629 3,768 3,861 11,259
Total Operating Expenses (16,874) (17,523) (17,956) (52,353)
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 320,632 332,963 341,185 994,780
Income Taxes
9990 Income taxes 17,675 18,355 18,808 54,837
Total Income Taxes 17,675 18,355 18,808 54,837
Net Income after Taxes 302,957 314,609 322,377 939,943

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Oct-1999 Nov-1999 Dec-1999 Quarter 3, FY2000
Revenue
5000 In Store sales 208,454 213,359 218,264 640,076
5200 Catalog sales 125,069 128,012 130,955 384,035
5800 Consulting sales 203,259 208,042 212,825 624,126
5900 Other revenue 5,059 5,178 5,297 15,534
Total Revenue 541,841 554,590 567,340 1,663,771
Cost of Sales
6000 Direct material 60,615 62,041 63,468 186,124
6100 Direct labor 77,462 79,285 81,107 237,854
6200 Other direct cost 45,661 46,735 47,810 140,206
6900 Sales and marketing 27,086 27,723 28,360 83,169
Total Cost of Sales 210,824 215,784 220,745 647,353
Gross Profit 331,018 338,806 346,595 1,016,419
Operating Expenses
5100 Telephone sales (135,354) (138,539) (141,723) (415,616)
7000 Accounting and legal 4,802 4,915 5,028 14,745
7100 Communications and telephone 7,426 7,601 7,775 22,802
7200 Depreciation and amortization 20,895 21,387 21,878 64,160
7300 Facilities and rent 23,259 23,807 24,354 71,420
7400 Interest expense 6,234 6,381 6,527 19,142
7500 Office expense and miscellaneous 9,874 10,107 10,339 30,320
7600 Salaries 23,891 24,453 25,015 73,359
7700 Taxes - business 16,630 17,021 17,412 51,063
7800 Bad debt expense 3,954 4,047 4,141 12,142
Total Operating Expenses (18,388) (18,821) (19,254) (56,463)
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 349,406 357,627 365,849 1,072,882
Income Taxes
9990 Income taxes 19,261 19,714 20,167 59,143
Total Income Taxes 19,261 19,714 20,167 59,143
Net Income after Taxes 330,145 337,913 345,681 1,013,740

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Jan-2000 Feb-2000 Mar-2000 Quarter 4, FY2000
Revenue
5000 In Store sales 223,168 228,073 230,526 681,767
5200 Catalog sales 133,897 136,840 138,312 409,049
5800 Consulting sales 217,607 222,390 224,781 664,778
5900 Other revenue 5,416 5,535 5,595 16,546
Total Revenue 580,089 592,838 599,213 1,772,140
Cost of Sales
6000 Direct material 64,894 66,320 67,033 198,247
6100 Direct labor 82,930 84,753 85,664 253,347
6200 Other direct cost 48,884 49,958 50,495 149,338
6900 Sales and marketing 28,998 29,635 29,954 88,586
Total Cost of Sales 225,705 230,666 233,146 689,517
Gross Profit 354,384 362,172 366,067 1,082,622
Operating Expenses
5100 Telephone sales (144,908) (148,093) (149,685) (442,687)
7000 Accounting and legal 5,141 5,254 5,311 15,706
7100 Communications and telephone 7,950 8,125 8,212 24,287
7200 Depreciation and amortization 22,370 22,862 23,107 68,339
7300 Facilities and rent 24,901 25,449 25,722 76,072
7400 Interest expense 6,674 6,821 6,894 20,389
7500 Office expense and miscellaneous 10,571 10,804 10,920 32,294
7600 Salaries 25,577 26,139 26,420 78,137
7700 Taxes - business 17,804 18,195 18,390 54,389
7800 Bad debt expense 4,234 4,327 4,373 12,933
Total Operating Expenses (19,687) (20,119) (20,335) (60,141)
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 374,070 382,291 386,402 1,142,764
Income Taxes
9990 Income taxes 20,621 21,074 21,300 62,995
Total Income Taxes 20,621 21,074 21,300 62,995
Net Income after Taxes 353,449 361,218 365,102 1,079,769

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Total
Revenue
5000 In Store sales 2,452,399
5200 Catalog sales 1,471,399
5800 Consulting sales 2,391,287
5900 Other revenue 59,518
Total Revenue 6,374,603
Cost of Sales
6000 Direct material 713,118
6100 Direct labor 911,319
6200 Other direct cost 537,186
6900 Sales and marketing 318,655
Total Cost of Sales 2,480,278
Gross Profit 3,894,325
Operating Expenses
5100 Telephone sales (1,592,399)
7000 Accounting and legal 56,495
7100 Communications and telephone 87,364
7200 Depreciation and amortization 245,823
7300 Facilities and rent 273,640
7400 Interest expense 73,340
7500 Office expense and miscellaneous 116,167
7600 Salaries 281,069
7700 Taxes - business 195,643
7800 Bad debt expense 46,523
Total Operating Expenses (216,335)
Non-Operating Income
N/A Not Available 0
Total Non-Operating Income 0
Non-Operating Expenses
N/A Not Available 0
Total Non-Operating Expenses 0
Net Income before Taxes 4,110,660
Income Taxes
9990 Income taxes 226,600
Total Income Taxes 226,600
Net Income after Taxes 3,884,060

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: Q1 FY2000 - Q4 FY2000
Account Description Q1, FY2000 Q2, FY2000 Q3, FY2000 Q4, FY2000
Revenue
5000 In Store sales 2,452,399 0 0 0
5200 Catalog sales 1,471,399 0 0 0
5800 Consulting sales 2,391,287 0 0 0
5900 Other revenue 59,518 0 0 0
Total Revenue 6,374,603 0 0 0
Cost of Sales
6000 Direct material 713,118 0 0 0
6100 Direct labor 911,319 0 0 0
6200 Other direct cost 537,186 0 0 0
6900 Sales and marketing 318,655 0 0 0
Total Cost of Sales 2,480,278 0 0 0
Gross Profit 3,894,325 0 0 0
Operating Expenses
5100 Telephone sales (1,592,399) 0 0 0
7000 Accounting and legal 56,495 0 0 0
7100 Communications and telephone 87,364 0 0 0
7200 Depreciation and amortization 245,823 0 0 0
7300 Facilities and rent 273,640 0 0 0
7400 Interest expense 73,340 0 0 0
7500 Office expense and miscellaneous 116,167 0 0 0
7600 Salaries 281,069 0 0 0
7700 Taxes - business 195,643 0 0 0
7800 Bad debt expense 46,523 0 0 0
Total Operating Expenses (216,335) 0 0 0
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 4,110,660 0 0 0
Income Taxes
9990 Income taxes 226,600 0 0 0
Total Income Taxes 226,600 0 0 0
Net Income after Taxes 3,884,060 0 0 0

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Apr-1999 May-1999 Jun-1999 Quarter 1, FY2000
Revenue
5000 In Store sales 174,120 176,573 186,382 537,075
5200 Catalog sales 104,469 105,941 111,826 322,236
5800 Consulting sales 169,781 172,173 181,738 523,692
5900 Other revenue 4,226 4,285 4,523 13,034
Total Revenue 452,597 458,971 484,470 1,396,038
Cost of Sales
6000 Direct material 50,631 51,345 54,197 156,173
6100 Direct labor 64,704 65,615 69,260 199,579
6200 Other direct cost 38,140 38,677 40,826 117,644
6900 Sales and marketing 22,625 22,943 24,218 69,785
Total Cost of Sales 176,100 178,580 188,501 543,181
Gross Profit 276,497 280,391 295,969 852,857
Operating Expenses
5100 Telephone sales (113,060) (114,653) (121,022) (348,735)
7000 Accounting and legal 4,011 4,068 4,294 12,372
7100 Communications and telephone 6,203 6,290 6,640 19,133
7200 Depreciation and amortization 17,453 17,699 18,683 53,835
7300 Facilities and rent 19,428 19,702 20,797 59,927
7400 Interest expense 5,207 5,280 5,574 16,061
7500 Office expense and miscellaneous 8,248 8,364 8,829 25,441
7600 Salaries 19,956 20,237 21,361 61,554
7700 Taxes - business 13,891 14,086 14,869 42,846
7800 Bad debt expense 3,303 3,350 3,536 10,189
Total Operating Expenses (15,360) (15,576) (16,442) (47,377)
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 291,857 295,968 312,410 900,235
Income Taxes
9990 Income taxes 16,089 16,315 17,222 49,626
Total Income Taxes 16,089 16,315 17,222 49,626
Net Income after Taxes 275,768 279,652 295,189 850,609

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Jul-1999 Aug-1999 Sep-1999 Quarter 2, FY2000
Revenue
5000 In Store sales 191,287 198,644 203,549 593,481
5200 Catalog sales 114,769 119,183 122,126 356,079
5800 Consulting sales 186,520 193,694 198,477 578,691
5900 Other revenue 4,642 4,821 4,940 14,403
Total Revenue 497,219 516,343 529,092 1,542,654
Cost of Sales
6000 Direct material 55,623 57,763 59,189 172,575
6100 Direct labor 71,083 73,817 75,639 220,539
6200 Other direct cost 41,901 43,512 44,586 129,999
6900 Sales and marketing 24,855 25,811 26,448 77,115
Total Cost of Sales 193,462 200,903 205,863 600,227
Gross Profit 303,757 315,440 323,229 942,427
Operating Expenses
5100 Telephone sales (124,207) (128,984) (132,169) (385,361)
7000 Accounting and legal 4,407 4,576 4,689 13,672
7100 Communications and telephone 6,814 7,076 7,251 21,142
7200 Depreciation and amortization 19,174 19,912 20,403 59,489
7300 Facilities and rent 21,344 22,165 22,712 66,221
7400 Interest expense 5,721 5,941 6,087 17,748
7500 Office expense and miscellaneous 9,061 9,410 9,642 28,112
7600 Salaries 21,923 22,767 23,329 68,019
7700 Taxes - business 15,260 15,847 16,238 47,346
7800 Bad debt expense 3,629 3,768 3,861 11,259
Total Operating Expenses (16,874) (17,523) (17,956) (52,353)
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 320,632 332,963 341,185 994,780
Income Taxes
9990 Income taxes 17,675 18,355 18,808 54,837
Total Income Taxes 17,675 18,355 18,808 54,837
Net Income after Taxes 302,957 314,609 322,377 939,943

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Oct-1999 Nov-1999 Dec-1999 Quarter 3, FY2000
Revenue
5000 In Store sales 208,454 213,359 218,264 640,076
5200 Catalog sales 125,069 128,012 130,955 384,035
5800 Consulting sales 203,259 208,042 212,825 624,126
5900 Other revenue 5,059 5,178 5,297 15,534
Total Revenue 541,841 554,590 567,340 1,663,771
Cost of Sales
6000 Direct material 60,615 62,041 63,468 186,124
6100 Direct labor 77,462 79,285 81,107 237,854
6200 Other direct cost 45,661 46,735 47,810 140,206
6900 Sales and marketing 27,086 27,723 28,360 83,169
Total Cost of Sales 210,824 215,784 220,745 647,353
Gross Profit 331,018 338,806 346,595 1,016,419
Operating Expenses
5100 Telephone sales (135,354) (138,539) (141,723) (415,616)
7000 Accounting and legal 4,802 4,915 5,028 14,745
7100 Communications and telephone 7,426 7,601 7,775 22,802
7200 Depreciation and amortization 20,895 21,387 21,878 64,160
7300 Facilities and rent 23,259 23,807 24,354 71,420
7400 Interest expense 6,234 6,381 6,527 19,142
7500 Office expense and miscellaneous 9,874 10,107 10,339 30,320
7600 Salaries 23,891 24,453 25,015 73,359
7700 Taxes - business 16,630 17,021 17,412 51,063
7800 Bad debt expense 3,954 4,047 4,141 12,142
Total Operating Expenses (18,388) (18,821) (19,254) (56,463)
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 349,406 357,627 365,849 1,072,882
Income Taxes
9990 Income taxes 19,261 19,714 20,167 59,143
Total Income Taxes 19,261 19,714 20,167 59,143
Net Income after Taxes 330,145 337,913 345,681 1,013,740

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Jan-2000 Feb-2000 Mar-2000 Quarter 4, FY2000
Revenue
5000 In Store sales 223,168 228,073 230,526 681,767
5200 Catalog sales 133,897 136,840 138,312 409,049
5800 Consulting sales 217,607 222,390 224,781 664,778
5900 Other revenue 5,416 5,535 5,595 16,546
Total Revenue 580,089 592,838 599,213 1,772,140
Cost of Sales
6000 Direct material 64,894 66,320 67,033 198,247
6100 Direct labor 82,930 84,753 85,664 253,347
6200 Other direct cost 48,884 49,958 50,495 149,338
6900 Sales and marketing 28,998 29,635 29,954 88,586
Total Cost of Sales 225,705 230,666 233,146 689,517
Gross Profit 354,384 362,172 366,067 1,082,622
Operating Expenses
5100 Telephone sales (144,908) (148,093) (149,685) (442,687)
7000 Accounting and legal 5,141 5,254 5,311 15,706
7100 Communications and telephone 7,950 8,125 8,212 24,287
7200 Depreciation and amortization 22,370 22,862 23,107 68,339
7300 Facilities and rent 24,901 25,449 25,722 76,072
7400 Interest expense 6,674 6,821 6,894 20,389
7500 Office expense and miscellaneous 10,571 10,804 10,920 32,294
7600 Salaries 25,577 26,139 26,420 78,137
7700 Taxes - business 17,804 18,195 18,390 54,389
7800 Bad debt expense 4,234 4,327 4,373 12,933
Total Operating Expenses (19,687) (20,119) (20,335) (60,141)
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 374,070 382,291 386,402 1,142,764
Income Taxes
9990 Income taxes 20,621 21,074 21,300 62,995
Total Income Taxes 20,621 21,074 21,300 62,995
Net Income after Taxes 353,449 361,218 365,102 1,079,769

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement
Date: April 1999 - March 2000
Account Description Fiscal Year 2000
Revenue
5000 In Store sales 2,452,399
5200 Catalog sales 1,471,399
5800 Consulting sales 2,391,287
5900 Other revenue 59,518
Total Revenue 6,374,603
Cost of Sales
6000 Direct material 713,118
6100 Direct labor 911,319
6200 Other direct cost 537,186
6900 Sales and marketing 318,655
Total Cost of Sales 2,480,278
Gross Profit 3,894,325
Operating Expenses
5100 Telephone sales (1,592,399)
7000 Accounting and legal 56,495
7100 Communications and telephone 87,364
7200 Depreciation and amortization 245,823
7300 Facilities and rent 273,640
7400 Interest expense 73,340
7500 Office expense and miscellaneous 116,167
7600 Salaries 281,069
7700 Taxes - business 195,643
7800 Bad debt expense 46,523
Total Operating Expenses (216,335)
Non-Operating Income
N/A Not Available 0
Total Non-Operating Income 0
Non-Operating Expenses
N/A Not Available 0
Total Non-Operating Expenses 0
Net Income before Taxes 4,110,660
Income Taxes
9990 Income taxes 226,600
Total Income Taxes 226,600
Net Income after Taxes 3,884,060

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Income Statement

Date: Q1 FY2000 - Q4 FY2000

Account Description Q1, FY2000 Q2, FY2000 Q3, FY2000 Q4, FY2000
Revenue
5000 In Store sales 537,075 593,481 640,076 681,767
5200 Catalog sales 322,236 356,079 384,035 409,049
5800 Consulting sales 523,692 578,691 624,126 664,778
5900 Other revenue 13,034 14,403 15,534 16,546
Total Revenue 1,396,038 1,542,654 1,663,771 1,772,140
Cost of Sales
6000 Direct material 156,173 172,575 186,124 198,247
6100 Direct labor 199,579 220,539 237,854 253,347
6200 Other direct cost 117,644 129,999 140,206 149,338
6900 Sales and marketing 69,785 77,115 83,169 88,586
Total Cost of Sales 543,181 600,227 647,353 689,517
Gross Profit 852,857 942,427 1,016,419 1,082,622
Operating Expenses
5100 Telephone sales (348,735) (385,361) (415,616) (442,687)
7000 Accounting and legal 12,372 13,672 14,745 15,706
7100 Communications and telephone 19,133 21,142 22,802 24,287
7200 Depreciation and amortization 53,835 59,489 64,160 68,339
7300 Facilities and rent 59,927 66,221 71,420 76,072
7400 Interest expense 16,061 17,748 19,142 20,389
7500 Office expense and miscellaneous 25,441 28,112 30,320 32,294
7600 Salaries 61,554 68,019 73,359 78,137
7700 Taxes - business 42,846 47,346 51,063 54,389
7800 Bad debt expense 10,189 11,259 12,142 12,933
Total Operating Expenses (47,377) (52,353) (56,463) (60,141)
Non-Operating Income
N/A Not Available 0 0 0 0
Total Non-Operating Income 0 0 0 0
Non-Operating Expenses
N/A Not Available 0 0 0 0
Total Non-Operating Expenses 0 0 0 0
Net Income before Taxes 900,235 994,780 1,072,882 1,142,764
Income Taxes
9990 Income taxes 49,626 54,837 59,143 62,995
Total Income Taxes 49,626 54,837 59,143 62,995
Net Income after Taxes 850,609 939,943 1,013,740 1,079,769

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Ratios Report
Date: March 2000

Net Sales to Net CapitalDescription

Assets Apr 1999 May 1999 Jun 1999
Financial Health Ratios
Altman Z Score 1,003.57 995.86 995.65
Liquidity Ratios
Current Ratio 6.04 6.07 6.10
Gross Margin Percentage 5.69 5.73 5.76
Activity Ratios
Days Sales in AR 707.13 735.68 690.01
Allowance for Bad Debt as % of AR 1.32% 1.32% 1.33%
Bad Debt Expense as % of Net Revenues 0.73% 0.73% 0.73%
Inventory Turnover 2.71 2.63 2.80
Days Inventory 135.04 139.11 130.57
Net Sales to Inventory 6.97 6.76 7.20
Days Purchases in AP 356.39 368.53 343.12
Net Sales to Working Capital 0.43 0.42 0.44
Total Assets to Net Sales 2.62 2.73 2.56
Net Sales to AR 0.52 0.50 0.53
Net Sales to Net Fixed Assets (7.20) (6.90) (7.35)
Net Sales to Total Assets 0.38 0.37 0.39
Net Sales to Net Worth 0.46 0.44 0.47
Amortization and Depreciation Expense to Net Sales 0.04 0.04 0.04
Profitability Ratios
Gross Profit Percentage 61.09% 61.09% 61.09%
Operating Expenses as % of Net Sales 4.54% 4.54% 4.54%
Return on Total Assets 0.23 0.22 0.24
Return on Net Worth 0.28 0.27 0.29
Return on Net Sales 0.61 0.61 0.61
Income before tax to Net Worth 0.30 0.29 0.30
Income before tax to Total Assets 0.25 0.24 0.25
Retained Earning to Net Income 3.55 3.70 3.47
Coverage Ratios
Times Interest Earned 57.05 57.05 57.05
Interest Expense to Net Sales 0.01 0.01 0.01
Current Liabilities to Net Worth 0.21 0.21 0.21
Current Liabilities to Inventory 3.18 3.20 3.18
AP to Net Sales 0.38 0.39 0.36
Total Liabilities to Net Worth 0.21 0.21 0.21
Net Worth to Total Liabilities 4.68 4.71 4.74

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Ratios Report
Date: March 2000

Net Sales to Net CapitalDescription

Assets Jul 1999 Aug 1999 Sep 1999 Oct 1999
Financial Health Ratios
Altman Z Score 993.02 993.92 993.47 989.08
Liquidity Ratios
Current Ratio 6.14 6.17 6.21 6.25
Gross Margin Percentage 5.80 5.83 5.87 5.92
Activity Ratios
Days Sales in AR 710.13 699.53 675.56 697.03
Allowance for Bad Debt as % of AR 1.33% 1.33% 1.33% 1.34%
Bad Debt Expense as % of Net Revenues 0.73% 0.73% 0.73% 0.73%
Inventory Turnover 2.75 2.81 2.94 2.88
Days Inventory 133.10 130.44 124.66 127.25
Net Sales to Inventory 7.07 7.21 7.55 7.39
Days Purchases in AP 350.86 343.27 329.41 337.78
Net Sales to Working Capital 0.43 0.44 0.45 0.44
Total Assets to Net Sales 2.64 2.60 2.51 2.60
Net Sales to AR 0.52 0.52 0.54 0.53
Net Sales to Net Fixed Assets (7.13) (7.22) (7.47) (7.22)
Net Sales to Total Assets 0.38 0.38 0.40 0.39
Net Sales to Net Worth 0.46 0.46 0.48 0.46
Amortization and Depreciation Expense to Net Sales 0.04 0.04 0.04 0.04
Profitability Ratios
Gross Profit Percentage 61.09% 61.09% 61.09% 61.09%
Operating Expenses as % of Net Sales 4.54% 4.54% 4.54% 4.54%
Return on Total Assets 0.23 0.23 0.24 0.23
Return on Net Worth 0.28 0.28 0.29 0.28
Return on Net Sales 0.61 0.61 0.61 0.61
Income before tax to Net Worth 0.30 0.30 0.31 0.30
Income before tax to Total Assets 0.24 0.25 0.26 0.25
Retained Earning to Net Income 3.58 3.53 3.42 3.53
Coverage Ratios
Times Interest Earned 57.05 57.05 57.05 57.05
Interest Expense to Net Sales 0.01 0.01 0.01 0.01
Current Liabilities to Net Worth 0.21 0.21 0.20 0.20
Current Liabilities to Inventory 3.20 3.20 3.21 3.23
AP to Net Sales 0.37 0.36 0.35 0.36
Total Liabilities to Net Worth 0.21 0.21 0.21 0.20
Net Worth to Total Liabilities 4.77 4.81 4.85 4.88

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Ratios Report
Date: March 2000

Net Sales to Net CapitalDescription

Assets Nov 1999 Dec 1999 Jan 2000 Feb 2000
Financial Health Ratios
Altman Z Score 987.33 988.84 990.78 995.09
Liquidity Ratios
Current Ratio 6.29 6.33 6.36 6.39
Gross Margin Percentage 5.95 5.99 6.03 6.06
Activity Ratios
Days Sales in AR 673.93 696.11 696.17 651.62
Allowance for Bad Debt as % of AR 1.34% 1.34% 1.34% 1.35%
Bad Debt Expense as % of Net Revenues 0.73% 0.73% 0.73% 0.73%
Inventory Turnover 3.01 2.94 2.97 3.21
Days Inventory 121.72 124.36 123.04 113.88
Net Sales to Inventory 7.73 7.56 7.65 8.26
Days Purchases in AP 324.58 333.25 331.32 308.32
Net Sales to Working Capital 0.45 0.43 0.43 0.46
Total Assets to Net Sales 2.51 2.60 2.60 2.43
Net Sales to AR 0.54 0.53 0.53 0.56
Net Sales to Net Fixed Assets (7.45) (7.20) (7.19) (7.67)
Net Sales to Total Assets 0.40 0.39 0.38 0.41
Net Sales to Net Worth 0.48 0.46 0.46 0.49
Amortization and Depreciation Expense to Net Sales 0.04 0.04 0.04 0.04
Profitability Ratios
Gross Profit Percentage 61.09% 61.09% 61.09% 61.09%
Operating Expenses as % of Net Sales 4.54% 4.54% 4.54% 4.54%
Return on Total Assets 0.24 0.23 0.23 0.25
Return on Net Worth 0.29 0.28 0.28 0.30
Return on Net Sales 0.61 0.61 0.61 0.61
Income before tax to Net Worth 0.31 0.30 0.30 0.32
Income before tax to Total Assets 0.26 0.25 0.25 0.26
Retained Earning to Net Income 3.42 3.54 3.55 3.33
Coverage Ratios
Times Interest Earned 57.05 57.05 57.05 57.05
Interest Expense to Net Sales 0.01 0.01 0.01 0.01
Current Liabilities to Net Worth 0.20 0.20 0.20 0.20
Current Liabilities to Inventory 3.25 3.27 3.29 3.31
AP to Net Sales 0.35 0.35 0.35 0.33
Total Liabilities to Net Worth 0.20 0.20 0.20 0.20
Net Worth to Total Liabilities 4.92 4.95 4.98 5.01

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Ratios Report
Date: March 2000

Net Sales to Net CapitalDescription

Assets Mar 2000
Financial Health Ratios
Altman Z Score 1,001.57
Liquidity Ratios
Current Ratio 6.43
Gross Margin Percentage 6.10
Activity Ratios
Days Sales in AR 678.36
Allowance for Bad Debt as % of AR 1.40%
Bad Debt Expense as % of Net Revenues 0.73%
Inventory Turnover 3.02
Days Inventory 121.16
Net Sales to Inventory 7.76
Days Purchases in AP 331.45
Net Sales to Working Capital 0.43
Total Assets to Net Sales 2.63
Net Sales to AR 0.54
Net Sales to Net Fixed Assets (7.08)
Net Sales to Total Assets 0.38
Net Sales to Net Worth 0.46
Amortization and Depreciation Expense to Net Sales 0.04
Profitability Ratios
Gross Profit Percentage 61.09%
Operating Expenses as % of Net Sales 4.54%
Return on Total Assets 0.23
Return on Net Worth 0.28
Return on Net Sales 0.61
Income before tax to Net Worth 0.29
Income before tax to Total Assets 0.24
Retained Earning to Net Income 3.60
Coverage Ratios
Times Interest Earned 57.05
Interest Expense to Net Sales 0.01
Current Liabilities to Net Worth 0.20
Current Liabilities to Inventory 3.35
AP to Net Sales 0.35
Total Liabilities to Net Worth 0.20
Net Worth to Total Liabilities 5.05

© Copyright, 2003, JaxWorks, All Rights Reserved.

Sales Chart
Composition

Cost of Sales By Product

11%
11% 8% 5%

Product1
Product2
16%
Product3
13% Product4
Product5
Product6
Product7
Product8
16% 21%

© Copyright, 2003, JaxWorks, All Rights Reserved.

© Copyright, 2003, JaxWorks, All Rights Reserved.
Revenue -
Expense Trend Chart

Revenue-Expense Trend
$700,000

$600,000

$500,000

$400,000

$300,000

$200,000

$100,000

$0
April 1999 May 1999 June 1999 July 1999 August 1999 September October November December January F
($100,000) 1999 1999 1999 1999 2000 2

© Copyright, 2003, JaxWorks, All Rights Reserved.

 Revenue
Cost of Sales
Gross Profit
Total Operating Expense
Net Income before Taxes

ecember January February March 2000

999 2000 2000

© Copyright, 2003, JaxWorks, All Rights Reserved.