Listed below are account balances and other data for Hands & Eyes, Inc., a company that sells

Question:

Listed below are account balances and other data for Hands & Eyes, Inc., a company that sells crafts and decorative supplies, for the fiscal year ended December 31, 2004.


Listed below are account balances and other data for Hands


From the data presented above, determine the amount of each of the items that follow.
1. Gross profit
2. Operating income
3. Net income
4. Earnings per share
5. Current assets
6. Property, plant, and equipment
7. Other assets
8. Total assets
9. Current liabilities
10. Working capital and working capital ratio
11. Total liabilities
12. Retained earnings, December 31, 2004
13. Total stockholders' equity
14. Total liabilities and stockholders'equity

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

Question Posted: