Question: Financial statements Complete the income statement, Bauce Sheet and statement of Retained Earnings for 2018 See Instructions and Notes Below Given Information for Balance Sheet

Financial statements  Financial statements Complete the income statement, Bauce Sheet and statement of
Retained Earnings for 2018 See Instructions and Notes Below Given Information for

Complete the income statement, Bauce Sheet and statement of Retained Earnings for 2018 See Instructions and Notes Below Given Information for Balance Sheet Income Statement 2018 2010 Net Reven 26.900 12800 Total Current Assets Accounts Payable Accounts Receivable Accrued Salaries Additional Paid in Capital Bank Loans (Mortgages) Bonds Payable Cash Common Stock Equipment Inventories Land & Buildings Less Accumulated Depreciation Long-term investments Other Accrued expenses Other Current Assets Other Long-term Assets Retained Earnings Short-term debt $6.500 450.000 1750 000 450,000 510 40,000 785,502 44 200 2.025.000 (654,500) 820.680 Property, plant, and Equipment Land & Buildings Equipment Net Property. Plant, and Equipment Long-term investments Other Long-term Assets Total Long-Term Assets Total Assets 50.000 Net Income Liabilities and Stockholders' Equity Current Liabilities Prior Year-end Retained Earnings Earnings Per Share Operating Cash Flow Given Information for Income Statement Accrued Salaries Given Information for Income Statement Accrued Salaries Other Accrued expenses Total Current Liabilities Gross Revenues Returns and Allowances Sales Discounts COGS Ratio Depreciation SCSA" Other operating expenses Mis Other income Mise other lo Long-Term Liabilities Bank Loans Mortgages) 985 000 5250 21 650 520% 65.000 185.000 23 600 1000 1.250 2409 100,000 Total Long-Term Liabilities Total Liabilities Beginning Balance Stockholder's Equity Dividends paid Ending Balance Additional Paid in Capital Common Shares Authorund Common Shares issued Common Shares Outstanding Payout Ratio 71.000 40.0% Total Stockholders' Equity Total Liabilities and Stockholders' Equity 400.000 Mortgage on Buildings Interest Rate on Mortgage Use this that calculation to test balance (see below) 100.000 Bonds Payable Interest Rate on Bonds 20 000 Average Short term debt interest Rate on ST Debt Cakulate interest Expense Refer to this cation on the income Statement

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