Current Attempt in Progress

Current Attempt in Progress The following items are taken from the financial statements of Bramble Company for the year ending December 31, 2022: Accounts payable Accounts receivable Accumulated depreciation-equipment Bonds payable Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Interest expense Patents Retained earnings, January 1, 2022 Salaries and wages expense Sales revenue Supplies $18,600 7,100 5,000 17,000 23,000 26,300 27,800 4,200 5,100 45,000 3,000 7.450 10.900 5,200 52,500 2,450 Prepare an income statement. BRAMBLE COMPANY Income Statement For the Year Ended December 31, 2022 Sale Revenue Cost of Goods Sold Gross Profit Operating Expenses Depreciation Expense Salaries and Wages Expense Income from Operations Income from Operations Net Income /(Loss) Prepare a classified balance sheet for Bramble Company. (List Current assets in order of liquidity.) BRAMBLE COMPANY Balance Sheet Assets Labies and Stockholders' Equity Compute the following ratios and values. (Note: Grove's average number of shares outstanding during the year was 5.000) (Round current ratio to 2 decimal places, 15.55, debt to assets ratio to 1 decimal places, s. 15.5% and earnings per share value to 2 decimal places, eg. 15.55) 1. Current ratio 2 Debt to assets ratio 3. Working capital 4. Earnings per share value S Current Assets Intangible Assets Current Liabilities Long-term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity TI