Credit Evaluation School Dec 2022

Internal Use Only

Financial Exhibits

Note Abbreviations:

Balance Sheet

AP - Accounts Payable CA - Current Assets CPLTD - Current Portion of

AP - Accounts Receivable CL - Current Liabilities CSVLI - Cash Surrender

Long-Term Debt

Value Life Insurance

FA - Fixed Assets

LTD - Long-Term Debt

NR - Notes Receivable TL - Total Liabilities

NW - Net Worth

UP/RE- Undivided Profits

19

Internal Use Only

Financial Exhibits

Note Abbreviations:

Income Statement

COGS - Cost of Goods Sold

GP - Gross Profit NP – Net Profit

NI - Net Income

NIAT - Net Income After Taxes

20

Pge 10