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Minnesota Small Business Management
Education Programs
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| Sorted
By Organization Type |
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| Balance
Sheet - 1998 Business Year |
** Average per
business ** |
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Sole |
Partshp/ |
"C" |
"S" |
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Propr. |
LL Part. |
Corp. |
Corp. |
| Number of
Businesses |
46 |
3 |
12 |
48 |
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| ASSETS |
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| (H) Cash |
$10,494 |
$4,888 |
$62,112 |
$9,011 |
| (I) Accounts
Receivable |
$9,878 |
$7,026 |
$100,744 |
$18,663 |
| (J)
Inventory |
$18,198 |
$3,333 |
$184,163 |
$44,671 |
| Other
Current Assets |
$2,978 |
$1,376 |
$80,681 |
$4,785 |
| (K) TOTAL
CURRENT ASSETS |
$41,548 |
$16,623 |
$427,700 |
$77,130 |
| (L) FIXED
ASSETS (Net Value) |
$68,755 |
$43,247 |
$223,024 |
$79,366 |
| (M) OTHER
ASSETS (Net Value) |
$148 |
$67 |
$41,111 |
$5,909 |
| (N) TOTAL
ASSETS |
$110,452 |
$59,937 |
$691,834 |
$162,404 |
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| LIABILITIES |
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| (O) Accounts
Payable |
$9,290 |
$20,287 |
$16,413 |
$18,778 |
| Payroll Tax
Payable |
$1,250 |
$2,617 |
$3,565 |
$3,535 |
| Other
Current Liabilities |
$4,234 |
$2,291 |
$89,026 |
$20,283 |
| (P) TOTAL
CURRENT LIABILITIES |
$14,774 |
$25,195 |
$109,004 |
$42,596 |
| (Q) LONG
TERM LIABILITIES |
$58,331 |
$18,263 |
$232,880 |
$85,120 |
| (R) TOTAL
LIABILITIES |
$73,105 |
$43,458 |
$341,884 |
$127,716 |
| (S) OWNER'S
EQUITY |
$37,347 |
$16,479 |
$349,950 |
$34,688 |
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