Financial statements are presented below Assets Cash AYAYAI CORPORATION Statement of Financial Position December 31 Accounts receivable
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Assets Cash AYAYAI CORPORATION Statement of Financial Position December 31 Accounts receivable (net) Other current assets. Long-term investments Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Current liabilities Non-current liabilities Common shares Retained earnings Total liabilities and shareholders' equity 2022 $55,000 60,000 70,000 $95,000 65,000 500,000 $750,000 $675,000 70,000 320,000 265,000 2021 $750,000 $50,000 52,000 63,000 50,000 460,000 $80,000 80,000 290,000 225,000 $675,000 Assets Cash AYAYAI CORPORATION Statement of Financial Position December 31 Accounts receivable (net) Other current assets. Long-term investments Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Current liabilities Non-current liabilities Common shares Retained earnings Total liabilities and shareholders' equity 2022 $55,000 60,000 70,000 $95,000 65,000 500,000 $750,000 $675,000 70,000 320,000 265,000 2021 $750,000 $50,000 52,000 63,000 50,000 460,000 $80,000 80,000 290,000 225,000 $675,000
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a To calculate the basic earnings per share EPS we divide the net income by the weighted average num... View the full answer
Related Book For
Financial Accounting
ISBN: 978-1119305736
10th edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
Posted Date:
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