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Cash is King Accountants
Memo
To: Stockholders of Chemalite, Inc.
From: Jon Smart
CC: Tim Mofit
Date: 4/12/2008
Re: Financial Performance of Chemalite, Inc.
The purpose of this memo is to present the financial performance of Chemalite, Inc. to the stockholders of the company.

Analysis
Chemalite, Inc. is a new company that is performing very well and additionally has a very bright future. 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.......

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Approximate Word Count: 360
Approximate Pages: 2 (250 words per double-spaced page)

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