Beruflich Dokumente
Kultur Dokumente
Clarkson Lumber
Income Statement
Years Ending December 31, 1993-1996
1st Quarter
1993
1994
1995
1996
Net sales
Cost of goods sold
Trade Discounts
Fixed salaries [estimated]
Other operating expenses
EBIT
Interest
Earnings before tax
Income tax
Net Income
1,062.00
799.00
0.00
34.00
210.00
19.00
13.00
6.00
1.00
5.00
% of Sales Pro-Forma
1993-1995
1996
$
75.7% $
$
3.42% $
17.46% $
$
$
$
$
$
5,500.00
4,161.40
(66.20)
187.92
960.25
256.64
105.50
151.14
42.19
108.95
Clarkson_Lumber_Income_Smt
Clarkston Lumber
Balance Sheet
Years Ending December 31, 1993-1996
Assets
Cash
Accounts receivable
Inventory
Total current assets
Property Plant & Equipment
Total Assets
Liabilities
Notes payable, bank
NP, Holtz, current portion
Notes payable, trade
Accounts payable
Accruals
Current portion, term loan
Current liabilities
Term loan
Notes payable, Holtz
Total liabilities
Shareholder Equity
Total Shareholder Equity
Liabilities+Shareholder Equity
1993
1994
1995
% of Sales Pro-Forma
1996 1993-1995
1996
$43.00
$52.00
$56.00
$53.00
306.00
411.00
606.00
583.00
337.00
432.00
587.00
607.00
686.00
895.00 1,249.00 1,243.00
233.00
262.00
388.00
384.00
$919.00 $1,157.00 $1,637.00 $1,627.00
$0.00
0.00
0.00
213.00
42.00
20.00
$275.00
140.00
0.00
$415.00
$60.00 $390.00
$399.00
100.00
100.00
100.00
0.00
127.00
123.00
340.00
376.00
364.00
45.00
75.00
67.00
20.00
20.00
20.00
$565.00 $1,088.00 $1,073.00
120.00
100.00
100.00
100.00
0.00
0.00
$785.00 $1,188.00 $1,173.00
504.00
372.00
449.00
454.00
$919.00 $1,157.00 $1,637.00 $1,627.00
1.38%
12.12%
25.92%
8.09%
EFN=
1.48%
$76.07
666.53
619.23
1,361.83
444.86
$1,806.69
$949.00
0.00
0.00
113.13
81.62
20.00
$1,163.74
80.00
0.00
$1,243.74
562.95
$1,806.69
Clarkson_Lumber_Balance_Sheet
Ratio:
Current
Quick
Cash
NWC to Total Assets
158%
82%
9%
28.52%
115%
61%
5%
9.84%
1996
117%
64%
7%
10.96%
1996
69%
221%
3.21
12%
2.43
0.22
Profitability Ratios
1993
1994
2.05%
1.93%
6.53%
5.79%
11.90%
18.01%
1995
1.70%
4.70%
17.15%
1996
1.98%
6.03%
19.35%
1995
5.83
62.57
7.46
48.95
28.07
11.65
2.76
1996
6.72
54.31
8.25
44.23
27.77
12.36
3.04
1996
19.35%
31.16%
10.06%
68.84%
12.95%
Ratio:
Profit Margin (Net)
ROA
ROE
Ratio:
ROE
E/A
Cost of Debt
D/A
WACC
Relevant_Fin_Ratios
Liability
NP to Holtz, current portion
Term loan, current portion
Term Loan
Northrup National Bank $750,000
$100.00
20.00
100.00
750.00
Interest
$11.00
2.00
10.00
82.50
1996_Interest_Calc
Tax Bracket
$0-$50,000
$50,000-75,000
75,000-100,000
above 100,000
$50.00
25.00
25.00
51.14
Tax Bill
$7.50
6.25
8.50
19.94
$42.19
1996_Taxes
$587.00
4,161.40
(619.23)
4,129.17
819.00
3,310.17
-$66.20
$3,424.00
509.50
6.72
4,161.40
$619.23
Purchase_Discount