Calculate the missing values below 

Income Statement:
Sales:	$ 4,739.10	$ 5,260.40
Cost of Goods Sold (COGS):	$ 1,895.64	$ 2,104.16
Salary, General, Adm (SGA):	$ 947.82	$ 1,052.08
Depreciation Expense:	$ 592.39	$ 657.55
Interest Expense:	$ 341.22	$ 378.75
Profit Before Tax:	$ 962.04	$ 1,067.86
Tax:	$ 336.71	$ 373.75
Profit After Tax:	$ 625.32	$ 694.11
Dividend:	$ 125.06	$ 138.82
Paid to Retained Earnings:	$ 500.26	$ 555.29

Assets:	Year 0:	Year 1:	Restate the income statements using the format below:
Cash:	1093.744392	1399.519		Year 0	Year1
Accounts Receivable:	1421.730379	1578.121	Sales:	?	?
Inventory:	1895.640506	2104.161	COGS:	?	?
Fixed Assets (At cost):	11847.75316	13151.01	SGA:	?	?
Accumulated Depreciation:		3997.011	Depreciation Expense:	?	?
			EBIT:	?	?
Liabilities:			Interest Expense:	?	?
Accounts Payable:	1232.166329	1367.705	EBT:	?	?
Long-term Debt:			Tax:	?	?
Equity:			EAT:	?	?
Stock ($1 par):	1500	1500	Dividends:	?	?
Retained Earnings:		5055.608	Paid to Retained Earnings:	?	?

Answer rating: 100% (QA)

Solution Here are the restated income statements using the format you prov... View the full answer