Compute the missing values for the following chart and analyze the financial performance and position of this
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2014 2017 2016 2015 Assets: $ 300 $ 300 $500 $200 Cash Accounts receivable ? 700 300 200 Inventory ? 400 400 500 Land 100 400 400 200 Property, plant, and equipment (net) 800 700 600 700 Liabilities and shareholders' equity: Accounts payable 500 300 200 Bonds payable 700 800 600 500 Common stock ? 600 600 400 Retained earnings 800 600 300 400 1,000 Sales ? 700 1,100 Operating expenses (600) ? ? (400) Net income (100) 400 ? Dividends 200 ? ?
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2014 Common Stock Total assets Total liabilities Total shareholders equity 300 200 500 100 700 200 500 Common Stock 400 Common Stock 700 Net Income Net income Sales Operating Expenses 1000 400 600 Div...View the full answer
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