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Maynard A Balance Sheet

The balance sheet shows assets of $681,888 and liabilities/equity of $681,888 as of June 30th. Current assets increased to $129,141 from $107,025 in the previous period. Property/equipment increased to $547,482 from $531,513, with equipment costs rising over 2.7x. Bank notes payable increased nearly 3.5x to $66,660, while accounts payable rose 2.5x to $21,315. Retained earnings increased by $7,935 due to net income of $19,635 and dividends of $11,700 paid out.

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Faisal Habibie Yurzal
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49 views

Maynard A Balance Sheet

The balance sheet shows assets of $681,888 and liabilities/equity of $681,888 as of June 30th. Current assets increased to $129,141 from $107,025 in the previous period. Property/equipment increased to $547,482 from $531,513, with equipment costs rising over 2.7x. Bank notes payable increased nearly 3.5x to $66,660, while accounts payable rose 2.5x to $21,315. Retained earnings increased by $7,935 due to net income of $19,635 and dividends of $11,700 paid out.

Uploaded by

Faisal Habibie Yurzal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Maynard Company

Balance Sheet
As Of June 1
Assets Liabilities and Shareholders Equ
Current Assets Current Liabilities
Cash $ 34,983 Bank Notes Payable
Note receivable $ 11,700 Account Payable
Account receivable $ 21,798 Accrued Wages Payable
Inventories $ 29,835 Taxes Payable
Supplies on hand $ 5,559
Prepaid Insurance $ 3,150
Total Current Assets $ 107,025 Total Current Liabilities

Property Plant and Equipment Shareholders Equity


Land $ 89,700 Capital Stock
Buildings $ 585,000 Retained Earnings
Equipment at cost $ 13,260 Total Shareholders Equity
Less : Accumulated depreciation building $ (156,000)
Less : Accumulated depreciation equipment $ (5,304) Other non current Liabilities
Net Property Plant and Equipment $ 531,513

Other non-current assets $ 4,857

Total Assets $ 638,538 Total Liabilities and Shareholders Equity

2 Comments :
1 Equipment at cost meningkat lebih dari 2.7x lipat.
2 Bank Notes Payable meningkat hampir 3.5x lipat
3 Account payable meningkat 2.5x lipat

secara keseluruhan value of the firm meningkat karena ada penambahan di retained earnings sebesa

3 net income juni 19.635 namun ada penarikan dividen sebesar 11.700, sehingga perubahan di retaine

4 Capital stock tidak mencerminkan harga saham dipasaran. Bisa undervalue maupun over value. Meto

Faisal Habibie
1806161153
Maynard Co
Balance S
As Of Jun
Liabilities and Shareholders Equity Assets
Current Assets
$ 8,385 Cash
$ 8,517 Note receivable
$ 1,974 Account receivable
$ 5,700 Inventories
Supplies on hand
Prepaid Insurance
$ 24,576 Total Current Assets

Property Plant and Equipment


$ 390,000 Land
$ 221,511 Buildings
$ 611,511 Equipment at cost
Less : Accumulated depreciation building
$ 2,451 Less : Accumulated depreciation equipment
Net Property Plant and Equipment

Other non-current assets

Shareholders Equity $ 638,538 Total Assets

$ 23,400
$ 20,865
$ 12,798

han di retained earnings sebesar 7935 usd

sehingga perubahan di retained earning hanya sebesar 7935

value maupun over value. Metode yang lebih umum digunakan menggunakan Discounted Cash Flow
Maynard Company
Balance Sheet
As Of June 30
Liabilities and Shareholders Equity
Current Liabilities
$ 66,660 Bank Notes Payable $ 29,250
$ - Account Payable $ 21,315
$ 26,505 Accrued Wages Payable $ 2,202
$ 26,520 Taxes Payable $ 7,224
$ 6,630
$ 2,826
$ 129,141 Total Current Liabilities $ 59,991

Shareholders Equity
$ 89,700 Capital Stock $ 390,000
$ 585,000 Retained Earnings $ 229,446
$ 36,660 Total Shareholders Equity $ 619,446
$ (157,950)
$ (5,928) Other non current Liabilities $ 2,451
$ 547,482

$ 5,265

$ 681,888 Total Liabilities and Shareholders Equity $ 681,888

19635

$ 31,677
$ 19,977

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