【正文】 w a l s R e v e nue E x pe ns e sB a l . 8 , 0 0 0$ 1 , 2 0 0$ 1 6 , 0 0 0$ 1 , 2 0 0$ 4 , 0 0 0$ 2 0 , 0 0 0$ ( 6 ) 3 , 0 0 0 3 , 0 0 0$ ( 7 ) ( 8 0 0 ) ( 8 0 0 )$ ( 8 ) ( 5 0 0 ) ( 5 0 0 )$ 9 , 7 0 0$ 1 , 2 0 0$ 1 6 , 0 0 0$ 1 , 2 0 0$ 4 , 0 0 0$ 2 0 , 0 0 0$ ( 5 0 0 )$ 3 , 0 0 0$ ( 8 0 0 )$ 2 6 , 9 0 0$ = 2 6 , 9 0 0$ E qui t yIne Statement A withdrawal of $500 is made by the owner. A2 Statement of Owner’s Equity 169。 The McGrawHill Companies, Inc., 2022 McGrawHill/Irwin Net ine is the difference between Revenues and Expenses. R e v e n u e s : C o n s u l t i n g r e v e n u e 3 , 0 0 0$ E x p e n s e s : S a l a r i e s e x p e n s e 800 N e t i n c o m e 2 , 2 0 0$ S c o t t C o m p a n yI n c o m e S t a t e m e n tF o r M o n t h E n d e d D e c e m b e r 3 1 , 2 0 0 7The ine statement describes a pany’s revenues and expenses along with the resulting ine or loss over a period of time due to earnings activities. Ine Statement P1 169。 The McGrawHill Companies, Inc., 2022 McGrawHill/Irwin S c ot t Co m pa nyS ta te m en t o f Ow ne r39。 s E qu i tyFor Mon th E nd ed Decem be r 31, 2 00 7Cap i ta l , De c em be r 1, 2 00 7 $ P l us: In v estm en ts b y Ow ne r 20 ,0 00$ Net In c om e 2, 20 0 22 ,2 00 22 ,2 00Le s s : W i th draw al s b y o w ne r 500Cap i ta l , De c em be r 31, 2 00 7 21 ,7 00$ The ine of $2,200 increases Owner39。s Equity by $2,200. R e v e n u e s : C o n s u l t i n g r e v e n u e 3 , 0 0 0$ E x p e n s e s : S a l a r i e s e x p e n s e 800 N e t i n c o m e 2 , 2 0 0$ S c o t t C o m p a n yI n c o m e S t a t e m e n tF o r M o n t h E n d e d D e c e m b e r 3 1 , 2 0 0 7Statement of Owner’s Equity P1 169。 The McGrawHill Companies, Inc., 2022 McGrawHill/Irwin C a s h 9 , 7 0 0$ A c c o u n t s p a y a b l e 1 , 2 0 0$ S u p p l i e s 1 , 2 0 0 N o t e s p a y a b l e 4 , 0 0 0 E q u i p m e n t 1 6 , 0 0 0 T o t a l l i a b i l i t i e s 5 , 2 0 0 O w n e r C a p i t a l 2 1 , 7 0 0 T o t a l a s s e t s 2 6 , 9 0 0$ T o t a l l i a b i l i t i e s a n d e q u i t y 2 6 , 9 0 0$ A s s e t s L i a b i l i t i e s amp。 E q u i t yS c o t t C o m p a n yB a l a n c e S h e e tD e c e m b e r 3 1 , 2 0 0 7The Balance Sheet describes a pany’s financial position at a point in time. Balance Sheet P1 S c ot t Co m pa nyS ta te m en t o f Ow ne r39。 s E qu i tyFor Mon th E nd ed Decem be r 31, 2 00 7Cap i ta l , De c em be r 1, 2 00 7 $ P l us: In v estm en ts b y Ow ne r 20 ,0 00$ Net In c om e 2, 20 0 22 ,2 00 22 ,2 00Le s s : W i th draw al s b y o w ne r 500Cap i ta l , De c em be r 31, 2 00 7 21 ,7 00$ 169。 The McGrawHill Companies, Inc., 2022 McGrawHill/Irwin C a s h f l o w s f r o m o p e r a t i n g a c t i v i t i e s : C a s h r e c e i v e d f r o m c l i e n t s 3 , 0 0 0$ P u r c h a s e o f s u p p l i e s ( 1 , 0 0 0 ) C a s h p a i d t o e m p l o y e e s ( 8 0 0 ) N e t c a s h p r o v i d e d b y o p e r a t i n g a c t i v i t i e s 1 , 2 0 0$ C a s h f l o w s f r o m i n v e s t i n g a c t i v i t i e s : P u r c h a s e o f e q u i p m e n t ( 1 5 , 0 0 0 ) N e t c a s h u s e d i n i n v e s t i n g a c t i v i t i e s ( 1 5 , 0 0 0 ) C a s h f l o w s f r o m f i n a n c i n g a c t i v i t i e s : I n v e s t m e n t b y o w n e r 2 0 , 0 0 0 B o r r o w e d a t b a n k 4 , 0 0 0 W i t h d r a w a l b y o w n e r ( 5 0 0 ) N e t c a s h p r o v i d e d b y f i n a n c i n g a c t i v i t i e s 2 3 , 5 0 0 N e t i n c r e a s e i n c a s h 9 , 7 0 0$ C a s h b a l a n c e , D e c e m b e r 1 , 2 0 0 7 C a s h b a l a n c e , D e c e m b e r 3 1 , 2 0 0 7 9 , 7 0 0$ S t a t e m e n t o f C a s h F l o w sF o r M o n t h E n d e d D e c e m b e r 3 1 , 2 0 0 7S c o t t C o m p a n yStatement of Cash Flows P1 169。 The McGrawHill Companies, Inc., 2022 McGrawHill/Irwin ROA is viewed as an indicator of operating efficiency. Return on Assets (ROA) Net ine Average total assets Return on assets = A3 169。 The McGrawHill Companies, Inc., 2022 McGrawHill/Irwin ROA is viewed as an indicator of operating efficiency. Return on Assets (ROA) Net ine Average total assets Return on assets = A3 2022 2022 2022 2022 2022 2022 2022 Dell Net ine (US$ Million) 1,433 2,478 2,947 2,583 3,602 3,018 2,625 Total assets ((US$ Million) 33,625 26,500 27,561 25,635 23,252 23,318 19,340 ROA % % % % % % HP Net ine (US$ Million) 7,660 8,329 7,264 6,198 2,398 3,497 2,539 Total assets ((US$ Million) 114,799 113,331 88,699 81,981 77,317 76,138 74,716 ROA % % % % % % Lenovo Net Ine (US$ Thousand) 129,368 226,389 485,157 161,138 27,670 140,041 130,128 Total Assets 8,955,928 6,621,663 7,199,847 5,450,838 5,040,558 1,157,943 1,069,492 ROA % % % % % % 169。 The McGrawHill Companies, Inc., 2022 McGrawHill/Irwin ROA is viewed as an indicator of operating efficiency. Return on Assets (ROA) Net ine Average total assets Return on assets = A3 Return on Assets%%%%%%2022 2022 2022 2022 2022 2022 2022YearROADell HP Lenovo169。 The McGrawHill Companies, Inc., 2022 McGrawHill/Irwin End of Chapter 1