Financial Analysis Conduct a financial analysis using 4 types of financial ratios for three year period (include numbers for your industry or children’s ne

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Conduct a financial analysis using 4 types of financial ratios for three year period (include numbers for your industry or children’s nest)?

NEED IT in 3 hours 

STATEMENT OF ASSETS, LIABILITIES AND STOCKHOLDER’S EQUITY

INCOME TAX BASIS

DECEMBER 31, 2019

ASSETS

CURRENT ASSETS
Cash $ 395,096
Employee Loan Receivable 3,526
Prepaid Expenses 60,869

Total Current Assets 459,491

PROPERTY AND EQUIPMENT, AT COST

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Leasehold Improvements 833,848

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Furniture, Fixtures & Toys 210,856
Vehicles 321,029
Equipment 259,482

Total 1,625,215
Less: Accumulated Depreciation (1,292,066)

Net Property and Equipment 333,149

OTHER ASSETS
Refundable Deposits 6,847
Non-Compete Agreements 11,944
Goodwill 11,944

Total 30,735
Total Assets $ 823,375

SEE ACCOMPANYING ACCOUNTANT’S COMPILATION REPORT

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STATEMENT OF ASSETS, LIABILITIES AND STOCKHOLDER’S EQUITY

INCOME TAX BASIS

December 31, 2019

LIABILITIES AND STOCKHOLDER’S EQUITY

CURRENT LIABILITIES
Employee Loan Payable

STOCKHOLDER’S EQUITY

Common Stock, $1 Par Value;
Authorized 5,000 Shares, Issued
and Outstanding 500 Shares

Retained Earnings-Income Tax Basis

Total Stockholder’s Equity

Total Liabilities and
Stockholders’ Equity

$ 2,643
–�–

500
820,232

820,732

$ 823,375

SEE ACCOMPANYING ACCOUNTANT’S COMPILATION REPORT

I
I

REVENUES

STATEMENT OF REVENUES, EXPENSES AND
RETAINED EARNINGS-INCOME TAX BASIS

FOR THE YEAR ENDED December 31, 2019

D ay Care Fees and Programs

EXPENSES (See Schedule)

EXCESS OF REVENUES OVER EXPENSES
BEFORE OTHER INCOME

OTHER INCOME

Auto Reimbursements

EXCESS OF REVENUES OVER EXPENSES

RETAINED EARNINGS, BEGINNING OF YEAR –
INCOME TAX BASIS

STOCKHOLDER DISTRIBUTIONS

RETAINED EARNINGS, END OF YEAR –
INCOME TAX BASIS

$ 4,508,662

$

(3,778,117)

730,545

5,396

735,941

728,403

644,112)

820,232

SEE ACCOMPANYING ACCOUNTANT’S COMPILATION REPORT

I

EXPENSES

STATEMENT OF REVENUES, E XPENSES AND
RETAINED EARNINGS-INCOME TAX BASIS

FOR THE YEAR ENDED December 31, 2019

Accreditation
Advertising
Bank Charges
Children’s Activities
Conferences
Contract Services
Depreciation
Director’s Fees
Dues and Subscriptions
Fire Safety
Gifts
Groceries
Insurance
Lawn Care
Legal and Accounting
Licenses
Loss on Fixed Asset Disposals
Maintenance and Repairs
Meals
Non-Compete Agreement and

Goodwill Amortization
Office Expense
Payroll Processing
Pest Control
Postage

Recruitment and Training
Rent
Salaries-Officers
Salaries-Other
Supplies
Taxes-Other
Taxes-Payroll
Telephone
Utilities
Vehicle Expenses

Total Expenses

$ 3,560
2,084

12,341
32,560

1,520
9,036

104,749
30,000

724
8,048
7,246

321,563
237,835

41,355
52,211

3,046
18,965

125,684
1,230

6,667
57,121
10,825

9,081
90

1,904
109,872
308,264

1,841,202
82,372

3,869
169,612

19,805
93,445
50,231

$ 3,778,117

SEE ACCOMPANYING ACOUNTANT’S COMPILATION RE PORT

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