2023 2022

Gross profit 6,058,590,947,194 5,927,106,534,772

Operating profit 2,484,131,409,572 2,337,466,664,419
Net profit 1,971,099,177,135 1,810,691,843,397
Net sales revenue 33,136,929,196,429 33,876,454,559,153

Beginning assets 13,337,124,649,246 10,619,016,547,122

Ending assets 14,427,558,015,356 13,337,124,649,246
Average Asset 13,882,341,332,301 11,978,070,598,184
Beginning Shareholder's equity 8,444,094,654,850 6,012,633,980,253
Ending Shareholder's equity 9,806,180,663,976 8,444,094,654,850
Average Shareholder's Equity 9,125,137,659,413 7,228,364,317,552

COGS 27,078,338,249,235 27,949,348,024,381

Beginning Inventory 10,506,054,932,284 8,754,741,712,359
Ending Inventory 10,940,937,959,289 10,506,054,932,284
Average Inventory 10,723,496,445,787 9,630,398,322,322
Net Credit Sales 33,136,929,196,429 33,876,454,559,153
Beginning Accounts Receivable 300,880,402,245 111,969,758,488
Ending Accounts Receivable 215,035,937,840 300,880,402,245
Average Accounts Receivable 257,958,170,043 206,425,080,367
Beginning Accounts Payable 277,212,839,495 680,447,298,103
Ending Accounts Payable 257,304,950,807 277,212,839,495
Average Accounts Payable 267,258,895,151 478,830,068,799
Net Credit Purchases 27,513,221,276,240 29,700,661,244,306
Ending Inventory 10,940,937,959,289 10,506,054,932,284

Ending Current Assets 12,958,118,192,260 11,966,357,761,798

Ending Current Liabilities 4,611,956,609,380 4,883,064,421,396
Ending Inventory 10,940,937,959,289 10,506,054,932,284
Ending Prepaid Expenses 94,051,248,427 74,007,356,286

Depreciation 572,927,650,035 497,359,316,465

Total Liabilities 4,621,377,351,380 4,893,029,994,396
EBIT (EBT + Interest ) 2,607,328,806,477 2,406,470,986,121
Total Interest Payments 118,568,804,103 94,143,431,408
EBT ( Earning Before Tax ) 2,488,760,002,374 2,312,327,554,713
Shareholders' Equity 9,806,180,663,976 2,488,760,002,374
Change Change in%
131,484,412,422 2.22%
146,664,745,153 6.27%
160,407,333,738 8.86%
(739,525,362,724) -2.18%

2,718,108,102,124 25.60%
1,090,433,366,110 8.18%
1,904,270,734,117 15.90%
2,431,460,674,597 40.44%
1,362,086,009,126 16.13%
1,896,773,341,862 26.24%

(871,009,775,146) -3.12%
1,751,313,219,925 20.00%
434,883,027,005 4.14%
1,093,098,123,465 11.35%
(739,525,362,724) -2.18%
188,910,643,757 168.72%
(85,844,464,405) -28.53%
51,533,089,676 24.96%
(403,234,458,608) -59.26%
(19,907,888,688) -7.18%
(211,571,173,648) -44.19%
(2,187,439,968,066) -7.36%
434,883,027,005 4.14%

991,760,430,462 8.29%
(271,107,812,016) -5.55%
434,883,027,005 4.14%
20,043,892,141 27.08%

75,568,333,570 15.19%
(271,652,643,016) -5.55%
200,857,820,356 8.35%
24,425,372,695 25.94%
176,432,447,661 7.63%
7,317,420,661,602 294.02%
 2023 2022 Change
Profitability
Gross profit margin 18.28% 17.50% 0.79%
Operating profit margin 7.50% 6.90% 0.60%
Net profit margin 5.95% 5.34% 0.60%
ROA 14.20% 13.04% 1.16%
ROE 21.60% 25.05% -3.45%

Efficiency
Inventory Turnover Ratio 2.53 2.90 -37.71%
Accounts Receivable Turnover Ratio 12845.85% 16411.02% -3565.16%
Accounts Payable Turnover Ratio 10294.60% 6202.76% 4091.84%
Assets Turnover Ratio 238.70% 282.82% -44.12%
Day's Sales in Inventory 144.55 125.77 1877.98%

Liquidity
Current Ratio 280.97% 245.06% 35.91%
Quick Ratio 41.70% 28.39% 13.31%

Solvency
Solvency Ratio 55.05% 47.17% 7.88%
Interest Coverage Ratio 2199.00% 2556.18% -357.17%
Debt - to - Equity Ratio 47.13% 196.61% -149.48%
Debt - to - Capital Ratio 32.03% 66.29% -34.25%

Investment
EPS
P/E
Dividend Yield
 ABC INSTITUTION
December 31st
Unadjusted Trial Balance Adjustments
Debit Credit Debit Credit
Cash $ 34,000 16,900
Accounts receivable - 3,400
Teaching supplies 8,000
Prepaid insurance 12,000
Prepaid rent 3,000
Professional library 35,000
Accumulated Depreciation, Professional Library $ 10,000
Equipment 80,000 16,900
Accumulated depreciation, equipment 15,000 275
Accounts payable 26,000
Salaries payable - 7,000
Unearned training fees 12,500
ABC, capital 90,000
ABC, withdrawals 50,000
Tuition fees earned 123,900
Training fees earned 40,000 3,400
Depreciation expense, Professional library -
Depreciation expense, Equipment - 275
Salaries expense 50,000 7,000
Insurance expense -
Rent expense 33,000
Teaching supplies expense -
Advertising expense 6,000
Utilities expense 6,400
Total 317,400 317,400 27,575 27,575
 Salaries expense
Adjusted Trial Balance Debt Credit
Debit Credit 50,000
$ 17,100 B115-Dec 7,000 B115-Dec
$ 3,400
$ 8,000
$ 12,000 Balance 57,000 Balance
$ 3,000
$ 35,000 Equipment
$ 10,000 Debt Credit
96,900 80,000
15,275 01-Thg12 16,900 01-Thg12
26,000
7,000
12,500 Balance 96,900 Balance
90,000
50,000 Training fees earned
123,900 Debt Credit
43,400 12,000
B131-Dec 3,400 B131-Dec
275
57,000
Balance 15,900 Balance
33,000
Depreciation Expense
6,000 Debt Credit
6,400
328,075 328,075 B131-Dec 275 B131-Dec

Balance 275 Balance

Salaries payable
Debt Credit

7,000

7,000

Cash
Debt Credit
34,000
16,900

17,100

Account Receivable
Debt Credit

3,400

3,400

Accumulated
Depreciation
Debt Credit
15,000
275

15.275
 HAC BUSINESS PLAN

Production Units
Jan 400
Feb 450
Mar 500
Apr 350
May 400
Jun 500
Jul 500
Aug 600
Sep 700
Oct 750
Nov 800
Dec 850
Initial cash balance 140,000
Cost of manufactor 250,000
New Borrowing 120,000
Principal payment each month 10,000

Jan
Beginning borrowing 120,000
Interest 700
Principal payment 10,000
Ending borrowing 110,000

Jan
Beginning cash balance 140,000
Revenue 59,500
Total cash available 199,500
Sale expense 5,950
R&D expense 2,975
Principal payment 10,000
Interest 700
Tax 2,308
Outcome cash flow 21,933
Net cash flow 37,567
Ending cash balance 177,567

Jan
Products 350
Revenue 59,500
COGS 17,500
Depreciation 20,833
Sale expense 5,950
R&D expense 2,975
Interest 700
Earnings before tax (EBT) 11,542
Tax expense 2,308
Net income 9,233
AN

Sales Units COGS/Unit 50

350 Price/unit 170
500 Sale expense 10%
350 R&D expense 5%
400 Interest 7%
400 Tax 20%
550
500
600
650
750
850
850

Feb Mar Apr May Jun Jul

110,000 100,000 90,000
### 70,000 60,000
642 583 525
### 408 350
10,000 10,000 10,000
### 10,000 10,000
100,000 90,000 80,000
### 60,000 50,000

Feb Mar Apr May Jun Jul

177,567 234,020 271,680
### 359,700 422,620
85,000 59,500 68,000
### 93,500 85,000
262,567 293,520 339,680
### 453,200 507,620
8,500 5,950 6,800
### 9,350 8,500
4,250 2,975 3,400
### 4,675 4,250
10,000 10,000 10,000
### 10,000 10,000
642 583 525
### 408 350
5,155 2,332 3,288
### 6,147 5,213
28,547 21,840 24,013
### 30,580 28,313
56,453 37,660 43,987
### 62,920 56,687
234,020 271,680 315,667
### 422,620 479,307

Feb Mar Apr May Jun Jul

500 350 400
### 550 500
85,000 59,500 68,000
### 93,500 85,000
25,000 17,500 20,000
### 27,500 25,000
20,833 20,833 20,833
### 20,833 20,833
8,500 5,950 6,800
### 9,350 8,500
4,250 2,975 3,400
### 4,675 4,250
642 583 525
### 408 350
25,775 11,658 16,442
### 30,733 26,067
5,155 2,332 3,288
### 6,147 5,213
20,620 9,327 13,153
### 24,587 20,853
 Aug Sep Oct Nov Dec
50,000 40,000 30,000 20,000 10,000
292 233 175 117 58
10,000 10,000 10,000 10,000 10,000
40,000 30,000 20,000 10,000 0

Aug Sep Oct Nov Dec

479,307 548,600 624,220 712,447 813,280
102,000 110,500 127,500 144,500 144,500
581,307 659,100 751,720 856,947 957,780
10,200 11,050 12,750 14,450 14,450
5,100 5,525 6,375 7,225 7,225
10,000 10,000 10,000 10,000 10,000
292 233 175 117 58
7,115 8,072 9,973 11,875 11,887
32,707 34,880 39,273 43,667 43,620
69,293 75,620 88,227 100,833 100,880
548,600 624,220 712,447 813,280 914,160

Aug Sep Oct Nov Dec

600 650 750 850 850
102,000 110,500 127,500 144,500 144,500
30,000 32,500 37,500 42,500 42,500
20,833 20,833 20,833 20,833 20,833
10,200 11,050 12,750 14,450 14,450
5,100 5,525 6,375 7,225 7,225
292 233 175 117 58
35,575 40,358 49,867 59,375 59,433
7,115 8,072 9,973 11,875 11,887
28,460 32,287 39,893 47,500 47,547