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Fellow Fools;
I completed my first RMEssentials spreadsheet on PG. Total Score: 11 Did I do everything correctly? Thanks.
Income Statement:
Sales 38,125
Prior-year Sales 37,154
Cost of Goods Sold 21,206
Net Income 3,763
Balance Sheet:
Cash & Equivalents 2,800
Current Assets 11,358
Current Liabilities 10,761
Short-term Debt 2,683
Long-term Debt 6,231
Cash Flow Statement:
Operating Cash Flow 5,544
Capital Expenditures-2,828



jjowers,

Just took a look at your numbers, and I came up with a few discrepancies:

1) Short-Term Debt: according to the Balance Sheet, the line item "Debt due within one year" has a value of $3150. No other current liabilities appear to have an interest bearing component, so I believe the $3150 value to be correct.

2) Long-term Debt

According to the Balance Sheet, there are two items that have interest bearing components: LONG-TERM DEBT (I know, who would have guessed?) and Convertible Class A preferred stock. I generally include the preferred stock in the calculations simply because the dividend payments that are required for these securities resemble an interest payment of sorts. Therefore, for this value I got 6231 + 1781 = 8012.

Everything else looks right. Make sure when you put the Capital Expenditures in the spreadsheet, that you use a positive value instead of a negative value (the spreadsheet automatically performs the negation for you).

Hope this helps.

the LanceMan


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