1. Problem 9-01 cBook Problem 9 01 From the following information, construct a simple income statement and a balance sheet: Sales Finished goods Long-term debt Raw materials Cash Cost of goods sold Accounts receivable Plant and equipment Interest expense Number of shares outstanding Earnings before the Taxes Accounts payable Other current abities Other expenses Egy $900,000 250,000 400,000 70.000 65,000 450.000 260,000 400,000 120,000 100,000 220.000 150.000 200,000 10.000 110.000 405,000 Round your answer for cornings per share to the nearest cent Corporation X Income Statement for the Year Ended XX/XX/XX Sales 900000 Cost of goods sold 450000 Other expenses 110000 Earnings before interest and taxes 560000 CENGAGE MINDTAP Ch 09: End of Chapter Problems Analysis of Financial Statements From the following information, construct a simple income statement and a balance sheet Sales Finished goods Long term debe Raw matenals Cash Cost of goods sold Accounts receivable Plant and equipment Interest expense Number of shares outstanding Earrings before taxes Taxes Accounts payable Other current liabilities Other expenses Equity 5900.000 250,000 400,000 70,000 65,000 450,000 260,000 400,000 120.000 100,000 220,000 150,000 200.000 40.000 110,000 405.000 Round your answer for carrying per share to the nearest Corporation Xt Income Statement for the Year Ended XX/XX/XX Sales Cost of goods sold Other expenses Earrings before interest and taxes Teterest expense Earnings before taves Taxes Net earning Number of shares outstanding Earrings per share Corporation X Balance sheet as of XX/XX/XX labilities and Owners' Equity Accounts payable Cash