工商导论第八章宏雅案例图标.doc

Hongya Balance sheetASSETS(RMB) LIABILITIES AND OWNERS EQUITY(RMB)Current assets Current liabilities Cash 1,100,000 Accts ¬es payable 1,115,000Acct ¬es receivable 830,000 Accrued wages 378,000Inventories 2,000,000 Income taxes due 1,387,710Total current assets 3,930,000 Total current liabilities 2,880,710Fixed assets Long-term Liabilities 1,000,000 Furniture 6,420,000 Total long-term liabilities 1,000,000 Less: Accumu. Depreciation 6,050,000 Total liabilities 3,880,710Facilities 6,050,000 Owner equity 11,709,280Less: Accumu. Depreciation (1,210,000) Stock Total fixed assets 10,618,000Other Assets Total liabilitiesSundry 1,042,000 and owners equity 15,590,000Total other assets 1,042,000Total assets 15,590,000Hongya Income StatementRevenueGross sales 48,265,600Less: Sales returns and allowances 2,413,300Net sales 45,852,300Cost of goods soldBeginning inventory 1,430,000Purchases 34,016,000Cost goods available for sale 35,446,000 Less: Ending inventory 5,280,000Total cost of goods sold 30,166,000Gross profit 15,686,000ExpensesMarketing expenses 5,080,000 (advertising, salaries for salesmen)General expenses 2,443,000(utilities, relit, etc)Total expenses 7,523,000Net income before taxes 8,163,000Less income taxes 1,387,710Net income 6,775,290 4, (1) Average inventory=Beginning inventory + Ending inventory2=1,430,000 + 5,280,0002=3355000(2)Inventory turnover= cost of goods soldAverage inventory=30,166,0003,355,000=10 turnsCurrent ratio = current assetscurrent liabilities=3,930,0002,880,710=1.36timesQuick ratio= current assets-inventoriescurrent liabilities=3,930,000-2,000,0002,880,710=0.67 timesR1=负债liabilities资产 assets=3,880,71011,709,280=0.33Gross profit margin= gross profitsnet sales=15,686,00045,852,300 =34.2%Net profit margin=net incomenet sales=6,775,29045,85