Question: I need the answer or question A B C D & E ? How liquid is the firm ? & how is the firm financing
I need the answer or question A B C D & E ? Answer all the questions Using Pamplin Inc.'s financial statement s shown on the following pages: Pamplin Inc. Income Statement For Years Ending 12/31/2015 and 12/31/2016 2015 2016 S1,200 S1,450 Sales (all credit) Cost of goods sold Gross profit Operating expenses Depreciation Operating income Interest expense Net income before taxes Taxes (40%) S 500 600 30 40 220 250 200 240 S 250 S 360 50 64 $ 200 $ 296 80 118 Net income $ 120 $ 178
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