8.

Use the information in this table to answer the question below. The balance sheet accounts listed in this table are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's income statement for each year. Item Accounts payable Accounts receivable Accruals Cash Common Stock COGS Depreciation expense Interest expense 2017 1,100 1,020 2,000 ??? 7,000 8,000 400 2018 1,210 1,450 1,400 1,420 7.500 9,200 700 340 6,000 3,000 8,400 1,500 380 5,700 2,760 ??? Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings 3,000 1,700 3,800 2,000 172000 1,420 MA SAMSUNG Taxes 14,000 200 17,000 260 Long-term debt on a common-sized balance sheet in 2018 was % 1) 18.92 2) 16.41 3) 19.10 4) 17.61 5) 16.66 Page 8 of 40 Next Page Previous Page SAMSUNG Chat