Jennifer Grayson
BSA/500
June 4, 2011
Brian Keltch
Balance Sheet and Income Statement
The following four companies are related to the companies that have been in review over the last four weeks. These four following companies show how well the company has been doing over the last two years or not so well. The company has pulled their balance sheets and income statement to see if all the company’s financial needs are being met. If the company’s needs are not being met, the company will show where the company needs to cut back and where the company needs to improve.
National Plastic Co
Nation Plastic Co is a Korea-based company that engages in synthetic resin products. The company 's products include industrial containers, beverage, leisure furniture, and pallets. National Plastic Co also produces moldings and plastic sheets. Nation Plastic Co is in Dawon-gu, Ansan-si, and Gyeonggi, Korea. Nation Plastic is related to Riordan Manufacturing both companies are invested into plastic.
Nation Plastic Co Balance Sheet: Period End Date | 12/31/2011 | 12/31/2010 | Assets | + Cash & Near Cash Items | 17,698.41 | 12,833.48 | + Short-Term Investments | 442.18 | 6,750.00 | + Accounts & Notes Receivable | 64,667.76 | 51,408.34 | + Inventories | 22,697.71 | 41,142.94 | + Other Current Assets | 4,211.31 | 11,660.34 | Total Current Assets | 109,717.37 | 123,795.11 | + LT Investments & LT Receivables | 21,758.89 | 12,729.31 | + Net Fixed Assets | 74,848.00 | 237,660.76 | + Other Long-Term Assets | 32,601.65 | 19,198.67 | Total Long-Term Assets | 129,208.54 | 269,588.74 | Total Assets | 238,925.91 | 393,383.84 | Liabilities & Shareholders ' Equity | + Accounts Payable | 19,425.17 | 7,877.42 | + Short-Term Borrowings | 46,832.84 | 88,825.17 | + Other Short-Term Liabilities | 15,740.95 | 57,229.20 | Total Current