| Module 10 Financial Fact Sheet - Scarlett Company and Gable Company |
| Information from year end balance sheets | Information from current period income statement |
| Scarlett Company | Gable Company | Scarlett Company | Gable Company |
| Assets | Sales | $ 397,600.00 | $ 671,500.00 |
| Cash | $ 24,000.00 | $ 40,500.00 | Cost of Goods Sold | $ 294,600.00 | $ 484,000.00 |
| Accounts Recevables | $ 81,100.00 | $ 74,500.00 | Interest Expense | $ 8,100.00 | $ 14,400.00 |
| Current Notes Receivables | $ 15,600.00 | $ 13,000.00 | Income Tax Expense | $ 9,700.00 | $ 16,300.00 |
| Merchandise Inventory | $ 90,800.00 | $ 86,000.00 | Net Income | $ 37,850.00 | $ 65,700.00 |
| Prepaid Expenses | $ 13,700.00 | $ 14,100.00 | EPS, Basic | $ 2.00 | $ 3.00 |
| Plant Assets | $ 180,900.00 | $ 256,300.00 |
| Total Assets | $ 406,100.00 | $ 484,400.00 |
| Liabilities and Equity | Beginning of the year balances |
| Current Liabilites | $ 95,500.00 | $ 105,000.00 | Accoutns Receivables | $ 76,200.00 | $ 77,300.00 |
| Long Term Notes Payable | $ 97,000.00 | $ 97,300.00 | Current Notes Receivables | $ - 0 | $ - 0 |
| Common Stock, $10 par | $ 140,000.00 | $ 145,000.00 | Merchandise Inventory | $ 109,100.00 | $ 84,500.00 |
| Retained Earnings | $ 73,600.00 | $ 137,100.00 | Total Assets | $ 387,400.00 | $ 447,000.00 |
| Total Liabilities and Equity | $ 406,100.00 | $ 484,400.00 | Common Stock, $10 par | $ 137,000.00 | $ 145,000.00 |
| Retained Earnings | $ 53,100.00 | $ 113,700.00 |
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