Question: Income Statement for the ear Ended 3 0 Net Saies ( All on Credit ) . 7 4 1 8 COGS. 5 2 7 1

Income Statement for the ear Ended

30

Net Saies

(

All on Credit

) . 7418

COGS.

5271

Depreciation.

745

EBIT

1402

Interest.

305 .

Taxes

384

Net Incorne.

713

Dividends paid

250

Additiona to retained earnings

463

Balance sheet Assets

Cash.

500

/

. 2670

Inventory.

738

Total Current Assets.

3908

Total Fixed Assets.

14 155

Total Assets.

18063

Liabilities & Equity

iabilities

Accounts Payables.

1765

Notes Payables.

1, 178

Total Current Liabilities.

2943

Long Term Debt.

5500

EQUITY.

Common Stock.

4200

Retained earnings.

5420

Total liabilities and equity

18063

Prepare the common Size Financial Statements and advise on which areas the company can improve on and how?

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