Question: Help! I answered them without using excel formulas. Someone help me convert my answers to formulas! Thank you!!!! Additional information: Ending finished goods inventory (percentage

Help! I answered them without using excel formulas. Someone help me convert my answers to formulas! Thank you!!!!
Help! I answered them without using excel formulas. Someone help me convert
my answers to formulas! Thank you!!!! Additional information: Ending finished goods inventory
(percentage of the next quarter's sales) Ending raw materials inventory (percentage of
the next quarter's production Expected number of frames sold in following quarters:
Regarding Inventory: Work-in-process has a zero beginning and ending balance. Raw Materials

Additional information: Ending finished goods inventory (percentage of the next quarter's sales) Ending raw materials inventory (percentage of the next quarter's production Expected number of frames sold in following quarters: Regarding Inventory: Work-in-process has a zero beginning and ending balance. Raw Materials Inventory dollar amounts need to be rolled forward to get the ending balance: (Beginning + Produced - Sold = Ending) Raw Materials Inventory dollar amounts need to be rolled forward to get the ending balance: (Beginning + Purchased - Used = Ending) Optima Company Balance Sheet 12/31/19 Optima Company Income statement for the year ending December 31, 2020 Optima Compary Retained Earnings Statement for the year ending December 31, 2020 140 Besionine Ritained Eamings 141 Add: Net incomefloas) 142 Deduct Dividends 143 Endry fletained Earnires Balance Sheet Decmeber 31, 2020 Aswats tiabilides and Stockholden tquify Acrounts Parable Une of credit Fayable Captal Stock: fratained farning of Total tabiines s Stodhalden' fqua

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!