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Chemalite Inc Memo
Essay specific features
Written by:
Gerald L
Date added:
December 23, 2013
Level:
Grade:
A
No of pages / words:
2 / 367
Was viewed:
5823 times
Rating of current essay:
Essay content:
The following topics will explain:
• Assets
• Cash Flow
• Income
• Future
Assets: Current assets total $439,375.00 with $113,000.00 of that being liquid cash. The company has no liabilities, meaning that it owes no money.
Cash Flow: A big concern for all of the stockholders was the negative cash flows that they observed...
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All of the negative cash flows for the period are attributed to investing and the sale/purchase of inventory which should in turn result in additional positive cash flow. In addition, there was a positive change in cash for the total period of $113,000.00.
Income: The Company has a positive net income of $39,375...
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