A B D F G. H 2 Assets 3 2014 2015 4 Current Assets Cash 3,417 3,312 5,100 1,330 6. Accounts Receivable 4,854 Inventory 1,271 8. Prepaid Expenses 631 650 9. 32,875 3,450 10 PPE 33,600 11 Goodwill 3,670 12 13 Total Assets 46,498 47,662 14 15 Liabilites 16 17 Current Liabilities 6,109 6,305 1,200 18 Accounts Payable 19 Current Portion Debt (CPLTD) 2,350 20 21 Senior Debt 21,000 20,800 22 Subordinated Debt 5,500 5,500 23 24 Total Liabilites 34,959 33,805 25 26 Shareholders' Equity 27 28 Common Stock 7,545 7,545 29 Retained Earnings 3,994 6,312 30 Shoot1 shoot?
A B D F G. H 2 Assets 3 2014 2015 4 Current Assets Cash 3,417 3,312 5,100 1,330 6. Accounts Receivable 4,854 Inventory 1,271 8. Prepaid Expenses 631 650 9. 32,875 3,450 10 PPE 33,600 11 Goodwill 3,670 12 13 Total Assets 46,498 47,662 14 15 Liabilites 16 17 Current Liabilities 6,109 6,305 1,200 18 Accounts Payable 19 Current Portion Debt (CPLTD) 2,350 20 21 Senior Debt 21,000 20,800 22 Subordinated Debt 5,500 5,500 23 24 Total Liabilites 34,959 33,805 25 26 Shareholders' Equity 27 28 Common Stock 7,545 7,545 29 Retained Earnings 3,994 6,312 30 Shoot1 shoot?
Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN:9781337485913
Author:BROOKS
Publisher:BROOKS
Chapter8: Subprime Lending Fiasco-ethics Issues
Section: Chapter Questions
Problem 3.7EC
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1. Was the company profitable in 2015? Explain how you reached this conclusion
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