Philosophers interested in criminal justice may write about whether certain punishments are ethical.
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2000 2001 2002Current AssetsCash 20,000 21,000 24,000Short term Investment 60,000 81,000 145,000A/R 100,000 90,000 140,000Inventories 14,000 17,000 15,000Prepaid Exp 13,000 12,000 14,000Total Current Assets 207,000 221,000 338,000Investment 43,000 35,000 40,000Property and EquipmentLand 68,500 68,500 68,500Building 810,000 850,000 880,000Furniture and Equipment 170,000 190,000 208,0001,048,500 1,108,500 1,156,500Less: Accumulated Depreciation 260,000 320,000 381,000Other Operationg Equipment 11,500 20,500 22,800Total Assets 1,050,000 1,065,000 1,176,300Current LiabilitiesAccounts Payable 60,000 53,500 71,000Accrued Income Taxes 30,000 32,000 34,000Accured Expenses 70,000 85,200 85,000Current Portion of Long-term debt 25,000 21,500 24,000Total Current Liabilities 185,000 192,200 214,000Long-term DebtMortgage Payable 425,000 410,000 400,000Deferred Income Taxes 40,000 42,800 45,000Total Long-term Debt 465,000 452,800 445,000Total Liabilities 650,000 645,000 659,000Owner's EquityCommon Stock 55,000 55,000 55,000Paid-in Capital in Excess 110,000 110,000 110,000Retained Earnings 235,000 255,000 352,300Total Owner's Equity 400,000 420,000 517,300Total Liabilities and Equity 1,050,000 1,065,000 1,176,3001) Amount Change and % change from Year 2000 to Year20012) Current ratio, Acid Test Ratio, A/R turn-over, Avg collection period, Solvency Ratio, profit ratio for Year2001)( Assume the 2002 Revenue 1,300,000, profit is 65,000 ) Operating Cash flow is 201,000.