Industry 94
1994 1995 1996 1997 1998 Average* 10000
Assets
Cash & marketable
securities 1.30% 9.10% 20.80% 23.50% 32.40% 7.40% 130
Accounts receivable 27.1 22.7 22.4 18 16.8 22.7 2710
Inventories 46.1 42.9 35.4 34 28 37.1 4610
Prepaid expenses and 0
other current assets4.4 5.5 4.1 5.9 5.4 5.5 440
Total current assets 79 80.2 82.6 81.4 82.6 72 7900
Proper, plant, and 0
equipment 23.4 22.8 23.1 27.7 28 31.5 2340
Less accumulated 0
depriciation and 0
amortization 9 10.3 12.2 15.1 15.8 13.6 900
Net property, plant 0
and equipment 14.4 12.4 10.9 12.6 12.1 17.9 1440
Intangible assets 5.5 5.8 5 5 4.1 3.2 550
Other assets 1.1 1.6 1.5 1 1.2 6.9 110
Total assets ### ### ### ### ### ### 100
Liabilities and
shareholders' Equity
Accounts payable 7.80% 6.00% 4.70% 4.90% 5.50% 11.20% 780
Notes payable 4.8 2 480
Long-term debt due 0
in one year 1.7 1.8 4 1 170
Wages apyable 1.9 0.2 2.6 4.2 3.9 190
accrued expenses 6.4 8.5 11.3 14.5 11 10 640
Total current 0
Liabilities 22.6 16.5 22.7 23.6 20.4 24.2 2260
Long-term debt 43.7 47.3 38.2 23.8 21.3 14.8 4370
Deferred taxes 2.2 2.4 2.4 1.4 1.6 1 220
Total Liabilities 68.5 66.3 63.2 48.8 43.3 39.9 6850
Common stock 0 0 0 0 0 4.6 0
Additional paid in 0
capital 12.2 14.2 13.7 16.3 15.9 10.8 1220
Retained earnings 19.3 19.6 23 34.8 44.2 54.8 1930
Less: Treasury stock0 0 0 0 3.5 10.2 0
Total stockholders' 0
equity 31.5 33.7 36.8 51.2 56.7 60.1 3150
0
Total liabilities and 0
shareholders' equity
### 100% ### ### ### ### 100
TABLE 2-3 (Concluded)
Industry
1994 1995 1996 1997 1998 Average*
94 95 96
910 2080 2350 3240 740 ROE= 0.04 0.03 0.04
2270 2240 1800 1680 2270 ROA= 0.01 0.01 0.02
4290 3540 3400 2800 3710 PR MG= 0.02 0.03 0.06
0 0 0 0
550 410 590 540 550 GM= 0.35 0.34 0.39
8020 8260 8140 8260 7200
0 0 0 0 0 SAL/ASST 0.5 0.5 0.5
2280 2310 2770 2800 3150 SAL/NP 2.14 2.19 2.16
0 0 0 0 0 INV/TR 0.7 0.77 0.86
0 0 0 0 0 AT/SE 3.17 2.97 2.72
1030 1220 1510 1580 1360 d/e 1.09 0.98 0.86
0 0 0 0 0
1240 1090 1260 1210 1790
580 500 500 410 320
160 150 100 120 690
100 100 100 100 100
BALANCE SHEET
Current assets $7,472.21 7472 $9,713.88
Net fixed assets 280 280 270
Total assets $7,752.21 7,752 ###
as in 1999
TABLE 2-3
10000 Industry
1994 1995 1996 1997 1998 Average* 1994
Assets
Cash & marketable
securities 1.30% 9.10% 20.80% 23.50% 32.40% 7.40%
Accounts receivable 27.1 22.7 22.4 18 16.8 22.7
Inventories 46.1 42.9 35.4 34 28 37.1
Prepaid expenses and
other current assets 4.4 5.5 4.1 5.9 5.4 5.5
Total current assets79 80.2 82.6 81.4 82.6 72
Proper, plant, and
equipment 23.4 22.8 23.1 27.7 28 31.5
Less accumulated
depriciation and
amortization 9 10.3 12.2 15.1 15.8 13.6
Net property, plant
and equipment 14.4 12.4 10.9 12.6 12.1 17.9
Intangible assets 5.5 5.8 5 5 4.1 3.2
Other assets 1.1 1.6 1.5 1 1.2 6.9
Total assets ### ### ### ### ### ###
Liabilities and
shareholders' Equity
Accounts payable 7.80% 6.00% 4.70% 4.90% 5.50% 11.20%
Notes payable 4.8 2
Long-term debt due
in one year 1.7 1.8 4 1
Wages apyable 1.9 0.2 2.6 4.2 3.9
accrued expenses 6.4 8.5 11.3 14.5 11 10
Total current
Liabilities 22.6 16.5 22.7 23.6 20.4 24.2
Long-term debt 43.7 47.3 38.2 23.8 21.3 14.8
Deferred taxes 2.2 2.4 2.4 1.4 1.6 1
Total Liabilities 68.5 66.3 63.2 48.8 43.3 39.9
Common stock 0 0 0 0 0 4.6
Additional paid in
capital 12.2 14.2 13.7 16.3 15.9 10.8
Retained earnings 19.3 19.6 23 34.8 44.2 54.8
Less: Treasury stock 0 0 0 0 3.5 10.2
Total stockholders'
equity 31.5 33.7 36.8 51.2 56.7 60.1
5000 Industry
1994 1995 1996 1997 1998 Average* 1994
Total nonoperating
expense 2.3 4.2 2.9 2 0.9 0.9
Income before
income taxes 4.4 2.9 4.5 8.5 10.1 7.3
1590 1080
4420 5480
350 1020
5660 6000
9990 10000
5000 Industry
1995 1996 1997 1998 Average*Sales/Day
1430 1465
105 90
1535 1555
550 410
55 35
10 10
20
45 5
505 405
160 135
345 230
Industry
Average*
0.04
0.02
0.05
0.39
0.5
2.79
0.82
0.45
54.02
0.37
1.68
0.4
0.67
11.71
3
1.47