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Accounting 202 Plush Carpet Mills Case Study STUDENT'S NAME Exhibit Assembled Financial Data Plush Carpet...

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Accounting

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Accounting 202 Plush Carpet Mills Case Study STUDENT'S NAME Exhibit Assembled Financial Data Plush Carpet Mills Inc Balance Sheet ($000 Industry 2014 2015 2016 Average Balance Sheet (000) Assets Current assets Cash 1,5 12 1,176 1,097 6,237 10,271 15,919 20% Accounts receivable 4,536 7,838 12,570 Inventories 3780 5.140 6840 5% Prepaid expenses 24,425 36,426 Total current assets 6,300 9,080 12,918 25% Gross fixed assets 2,050 2,958 42500 Less: Accumulated depreciation 4,250 611 22 8,668 28% Net fixed assets 567 588 605 4% Intangible assets 1.323 1,790 1,985 6% All other noncurrent assets Total Assets 32,925 47,684 Liabilities and Stockholders Equity Current liabilities 1,205 3.243 6,323 Notes payable 1,008 1,460 2,246 5% Current maturities--L.T.D. 3,570 5,958 9,955 16% Accounts payable 84 336 336 0% Income taxes payable 1,995 3360 5,016 8% Accruals at other Non Current Liabilities 7.862 14,357 23.876 36% Total current liabilities 2,940 100 9,350 13% Long-term debt 10,802 20,457 33,226 61% Total Liabilities Stockholder's equity 3,360 3.360 360 Common stock 2.100 2.100 2.100 Paid-in capital Retained earnings 7,008 12.468 14,458 39% Total stockholders' equity 11,403 Total liabilities & equity 22.205 32,925 47.684 100%

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