Chemalite Inc Memo

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Title: Chemalite Inc Memo

Essay Details:

Subject: Business

Author: Vernon A

Date: May 25, 2015

Level: University

Grade: A

Length: 2 / 367

Essay text:

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. 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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