The following accounts and related balances of Eagle Designers, Inc., as of December 31, 2018, are arranged in no particular order:

Requirements

1. Prepare Eagle’s classified balance sheet in the account format at December 31, 2018.

2. Use a DuPont Analysis to calculate rate of return on total assets and rate of return on common stockholders’ equity for the year ended December 31, 2018.

3. Do these rates of return suggest strength or weakness? Give your reason. What additional information might help you make your decision?

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$ 16,100 Cash. . Accounts receivable, net Paid-in capital in excess $ 45,000 Interest expense... Property, plant, and equipment, net. Common stock, $1 par, 700,000 shares authorized, 121,000 shares issued. . Prepaid expenses 28,000 363,000 of par-common Accrued liabilities. . Long-term note payable 17,000 27,000 90,000 98,000 121,000 20,000 Inventory... Dividends payable. Retained earnings... Accounts payable. Trademarks, net. Common stockholders' 13,000 equity, December 31, 2017. Net income... 224,000 12,000 130,000 5,000 17,000 Total assets, December 31, 2017.. Treasury stock, 26,000 shares at cost.. . Goodwill. 497,000 31,000 900,000 Net sales...