FINANCIAL STATEMENTS

BALANCE SHEET

Assetso Casho Accounts receivableo Inventorieso Property, plant and equipment

Liabilitieso Accounts payableo Notes payable to banks

Stockholder’s equityo Common stocko Retained earnings

INCOME STATEMENT

Revenueso Sales revenue

Expenseso Cost of goods soldo Selling, general and administrativeo Interest expenseo Income tax expense

Net Income

STATEMENT OF STOCKHOLDER’S EQUITY

Net income Dividends Common stock Retained earnings

STATEMENT OF CASH FLOWS

CFO CFI CFF Net increase/decrease in cash Cash balance (previous) Cash balance (new)