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Big Stix Bats Essay

Satisfactory Essays

TABLE OF CONTENTS

Company Overview 3
Income Statement 6
Balance Sheet 7
Statement of Cash Flows 2018 9
Statement of Cash Flows 2019 10
Ratio Analysis 11
Business Analysis 19
Projected Income Statement for 2020 24
Actual vs. Predicted Earnings 27
Journal entry list …show more content…

chart of t-accounts 34 inventory tracking schedule 38 bond Amortization schedule 39 patent amortization 40 depreciation schedule 41 statement of retained earnings 42
Common Stock 42 vertical analysis …show more content…

Big Stix Bats designs, creates, and distributes sporting equipment to baseball and softball teams all across the world. With the expansion in 2019, Big Stix Bats officially went global yet retained its primary focus in North America at the professional level. The company’s retail and sales channels have emerged internationally, leading to increase expansion and shareholder’s equity in the 2019 fiscal year. The company combines top level manufacturing companies with our innovative ideas resulting in rapid growth in the sports equipment industry. Big Stix Bats strives to grow and expand into new markets and recently has expanded by becoming an official sponsor of Major League Baseball (MLB) doubling our size and employees in the 2019 year. Personal contracts were made with MLB professional players to use our very own Big Stix Bats during league play which increased marketable securities and advertisement expenses. In the last 5 years, trends of growth in sports equipment have increased in the youth division all the way to the professional level. Major League Baseball's annual growth has increased in recent years and Big Stix Bats is emerging as a top level performance equipment company that will lead the industry within the next 5 years. The company's goal of market leadership will be achieved by applying our company's mission to provide premier

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