Construct an income statement for Fincorp for 2015 and 2016. What were reinvested earnings for 2016? 2015
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Construct an income statement for Fincorp for 2015 and 2016. What were reinvested earnings for 2016?
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2015 $4,000 1,600 500 300 500 150 400 300 400 5,000 2,000 1,000 410 800 2016 Revenue Cost of goods sold Depreclation Inventories Administratlve expenses Interest expense Federal and state taxes Accounts payable Accounts recelvable Net flxed assets Long-term debt Notes payable Divldends pald Cash and marketable securitles $4,100 1,700 520 350 550 150 420 350 450 5,800 2,400 600 410 300
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1259722615
9th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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