Fun Fitness, Incorporated, reported the following information for the six-month period ended June 29, 2019. Items...

 

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Fun Fitness, Incorporated, reported the following information for the six-month period ended June 29, 2019. Items are listed alphabetically and are in thousands of dollars. Accounts Payable Accounts Receivable. Advertising Expense Cash (January 1, 2019) Cash (June 29, 2019) Connon Stock Dividends Equipment Income Tax Expense Inventory. Notes Payable office Expense Operating Expenses Retained Earnings (January 1, 2019) Sales Revenue Supplies Other cash flow information: Cash received from issuing common stock Cash paid to purchase equipment Cash paid to suppliers and employees Cash received from customers Cash received from sale of long-term assets Dividends paid to stockholders) $ 1,029,700 604,000 71,000 1,385,000 1,000,000 1,540,000 311,000 3,067,000 80,000 650,000 349,300 650,000 695,000 2,727,000 1,740,000 170,000 $ 59,000 531,000 1,433,000 1,726,000 185,000 311,000 2-6. Was the stockholders' equity at June 29, 2019, comprised more of contributions made by stockholders directly to the company or amounts earned and retained through profitable business operations? O Comprised more of contributions made by stockholders directly to the company. Amounts earned and retained through profitable business operations. O Approximately equal amounts of both. 2-b. What is your information source? O Income Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows 4 Req 1C What amount of total assets have been financed by the creditors and the stockholders? (Enter your answers in thousands.). ($ in thousands) Reg 1A Reg 18 Financed by Creditors Financed by Stockholders Req 18 > Reg 1A Rea Req 1C Was the company financed mainly by creditors or stockholders? Creditors Stockholders < Req 1A Req 1C > Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C What is your information source? OIncome Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows < Req 1B Fun Fitness, Incorporated, reported the following information for the six-month period ended June 29, 2019. Items are listed alphabetically and are in thousands of dollars. Accounts Payable Accounts Receivable. Advertising Expense Cash (January 1, 2019) Cash (June 29, 2019) Connon Stock Dividends Equipment Income Tax Expense Inventory. Notes Payable office Expense Operating Expenses Retained Earnings (January 1, 2019) Sales Revenue Supplies Other cash flow information: Cash received from issuing common stock Cash paid to purchase equipment Cash paid to suppliers and employees Cash received from customers Cash received from sale of long-term assets Dividends paid to stockholders) $ 1,029,700 604,000 71,000 1,385,000 1,000,000 1,540,000 311,000 3,067,000 80,000 650,000 349,300 650,000 695,000 2,727,000 1,740,000 170,000 $ 59,000 531,000 1,433,000 1,726,000 185,000 311,000 2-6. Was the stockholders' equity at June 29, 2019, comprised more of contributions made by stockholders directly to the company or amounts earned and retained through profitable business operations? O Comprised more of contributions made by stockholders directly to the company. Amounts earned and retained through profitable business operations. O Approximately equal amounts of both. 2-b. What is your information source? O Income Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows 4 Req 1C What amount of total assets have been financed by the creditors and the stockholders? (Enter your answers in thousands.). ($ in thousands) Reg 1A Reg 18 Financed by Creditors Financed by Stockholders Req 18 > Reg 1A Rea Req 1C Was the company financed mainly by creditors or stockholders? Creditors Stockholders < Req 1A Req 1C > Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C What is your information source? OIncome Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows < Req 1B

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