Question: Complete the balance sheet and income statement. Given total current assets are $2,170;Net freed assets are $9,300 Inventory is $1,000; Net working capital is $

Complete the balance sheet and income statement. Given total current assets are $2,170;Net freed assets are $9,300 Inventory is $1,000; Net working capital is $ 350; Total Assets of $11,470. Notes payable are 500, long-term debt is $3,980; sales is $585,000; costs of goods sold is $273,000; depreciation expense is $71,000; interest expense is $38,000, and tax rate is 35%. Blauw Trudies Total Current Asas 500 Acortaya Notes Payslie Tour Listahes 1000 2170 Net Fixed Assets 9,300 Long term der 3.980 Shareholda's Equity S11,170 Total liabilities and StockholderEquy Total Assets In Statement Sales Cost of goods sold Duration +385.000 273,000 71,000 Emmings before interest and takes 31000 Net profit before Net income $13980 Compute: 1) Current Ratio: 2) Times interest Earned Ratio: a O to search hp $ % & 3 4. 5 6 7 8 9 R . Y Bolana Shar Inventories Tout Current Assets 1,000 2,170 Accounts Payable Notes Payable Totd Currenties 500 Net Fixed Assets 9,300 Long term date 3,980 Shareholder's quaty S11,420 Total Arts Total liabilis and Stockholderd Equity Income Sant Sales Cost poods sold Derecho 585.000 273,000 71.000 Eamngs before interesantes Interest expense 38.000 Net profit before Laxes Taxe(3596 Net.com $131,950 Compute: 1) Current Ratio: 2) Times Interest Earned Ratio 3) Profit Margin Ratio: 4 Inventory Turnover Ratio: earch i O a 3 op & 3 4 5 6 7 8 9
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