Credit Evaluation School - May 2023

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

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

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