Question: Construct income statement for 2016 and 2017 Construct balance sheet for 2016 and 2017 What was the gross margin percentage and dividend in 2017? Construct


- Construct income statement for 2016 and 2017
- Construct balance sheet for 2016 and 2017
- What was the gross margin percentage and dividend in 2017?
- Construct a statement of cash flows for 2017
ntage and Dividend in Use the following financial information for Problem #10, Cedar Point. Please it easier to complete the problem. 2017 2016 Accounts Payable $ 2,260 $ 2,490 Accounts Receivable 1,615 1,634 Additional Paid-in Capital 5,435 5,435 Cash 2,960 2,345 Common Stock 50 50 Cost of Goods Sold 8,700 8,600 Current Portion of Long-term Debt 1,350 0 Depreciation Expense 1,060 1,100 Dividend ? 140 Goodwill 3,770 3,770 Interest Expense 1,050 1,110 Inventory 1,130 1,140 Long-Term Debt 3,050 4,480 Net Property, Plant & Equipment 7,700 7,800 Retained Earnings ? ? Revenue 14,410 14,050 Felling General & Admin Expense 1,715 1,660 ax Rate = 30% A B C O E F G 4 5 Problem #14 - Cedar Point + 6 7 8 9 2017 $2,260 1,615 5,435 2,960 50 2016 $2,490 1,634 5,435 2,345 50 10 11 12 13 8,600 14 Accounts Payable Accounts Receivable Additional Paid-in Capital Cash Common Stock Cost of Goods Sold Current Portion of Long-term Debt Depreciation Expense Dividend Goodwill Interest Expense Inventory Long-Term Debt Net Property, Plant & Equipment Retained Earnings Revenue Selling General & Admin Expense Tax Rate = 302 8,700 1,350 1,060 ? 3,770 1,050 1,130 3,050 7,700 ? 14,410 1,715 1,100 140 3,770 1.110 1,140 4,480 7,800 ? 14,050 1,660 22 23 24 25 26 27 ntage and Dividend in Use the following financial information for Problem #10, Cedar Point. Please it easier to complete the problem. 2017 2016 Accounts Payable $ 2,260 $ 2,490 Accounts Receivable 1,615 1,634 Additional Paid-in Capital 5,435 5,435 Cash 2,960 2,345 Common Stock 50 50 Cost of Goods Sold 8,700 8,600 Current Portion of Long-term Debt 1,350 0 Depreciation Expense 1,060 1,100 Dividend ? 140 Goodwill 3,770 3,770 Interest Expense 1,050 1,110 Inventory 1,130 1,140 Long-Term Debt 3,050 4,480 Net Property, Plant & Equipment 7,700 7,800 Retained Earnings ? ? Revenue 14,410 14,050 Felling General & Admin Expense 1,715 1,660 ax Rate = 30% A B C O E F G 4 5 Problem #14 - Cedar Point + 6 7 8 9 2017 $2,260 1,615 5,435 2,960 50 2016 $2,490 1,634 5,435 2,345 50 10 11 12 13 8,600 14 Accounts Payable Accounts Receivable Additional Paid-in Capital Cash Common Stock Cost of Goods Sold Current Portion of Long-term Debt Depreciation Expense Dividend Goodwill Interest Expense Inventory Long-Term Debt Net Property, Plant & Equipment Retained Earnings Revenue Selling General & Admin Expense Tax Rate = 302 8,700 1,350 1,060 ? 3,770 1,050 1,130 3,050 7,700 ? 14,410 1,715 1,100 140 3,770 1.110 1,140 4,480 7,800 ? 14,050 1,660 22 23 24 25 26 27
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