2020 Ace Retail Financial Report

Format Analysis

Contractor -Or i ented Suppl y (COS)

Suburban

Rural

Fringe

Suburban

Urban

COS

COS

COS

COS

Sample Size

11

8

Insufficient

Insufficient

Typical Sales Volume ($)

5,313,874

7,013,293

Sample

Sample

Income Statement (% of sales)

Net Sales

100.0

100.0

Cost Of Goods Sold

65.2 34.8

71.1 28.9

Gross Margin Before Patronage Dividend

Patronage Dividend

0.0

0.3

Gross Margin

34.8

29.2

Payroll Expenses Owners/Officers Salaries & Bonuses All Other Employee Wages & Bonuses Total Salaries, Wages & Bonuses Payroll Taxes (FICA, Workers’ Comp. & Unemp.) Group Insurance (Hospital, Medical, Life) Benefit Plans (Pension, Profit Sharing, etc.)

N/A N/A 14.3

2.7 9.8

12.5

1.3 0.3 0.4

0.9 0.8 0.6

Total Payroll Expenses

16.3

14.8

Occupancy Expenses Utilities (Heat, Light, Power, Water) Building Repairs & Maintenance Rent Or Ownership In Real Estate*

0.4 0.6 1.4 2.4 0.3 0.2 0.6 0.0 0.1 1.4 0.2 4.7 7.5

0.2 0.6 0.3 1.1 0.2 0.3 1.1 0.2 0.2 0.5 0.1 6.9 9.5

Total Occupancy Expenses Other Operating Expenses Advertising & Promotion

Telephone

Insurance (Business Liability & Casualty)

Interest Expense

Taxes (Personal Property, Use, Licenses, Permits)

Depreciation

Bad Debt Losses

All Other Operating Expenses Total Other Operating Expenses

Total Operating Expenses

26.2

25.4

Operating Profit

8.6 0.4 9.0

3.8 0.9 4.7

Other Income/Expenses

Profit Before Taxes

Balance Sheet (% of assets)

Assets Cash & Marketable Securities

22.6 14.9 46.3

17.4 16.2 33.9

Accounts Receivable

Inventory

Other Current Assets Total Current Assets

4.2

0.8

88.0 12.0

68.3 31.7

Fixed & Noncurrent Assets

Total Assets

100.0

100.0

Liabilities & Net Worth Accounts Payable

10.0

4.2 0.8 8.1

Notes Payable

0.0 5.8

Other Current Liabilities Total Current Liabilities Long Term Liabilities Loans From Stockholders Net Worth Or Owner Equity Total Liabilities & Net Worth

15.9

13.1

3.6 0.0

2.3 0.0

80.5

84.6

100.0

100.0

Owners' Return (%)

Owners' Discretionary Profit Margin Owners' Discretionary Return On Assets Owners' Discretionary Return On Net Worth

13.8 N/A N/A

7.4

15.1 17.6

*includes rent, mortgage interest, building depreciation, real estate insurance and real estate taxes

33

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