M Question 26 - Chapter 13 Home X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... Thesaurus.com | F... Image result for fr... Examples of com... W physicalsci - Mrs.... Overview of formu... Audiotool - make... https://www.youtu... W Cornejo AOE Chapter 13 Homework i Saved 26 ! Required information Part 3 of 3 [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. 0.5 points 89,500 112,500 10,700 278,500 $ 35,625 62,500 82,500 9,375 255,000 $ 37,800 50,200 54,000 5,000 230,500 eBook Print References Assets At December 31 Current Year 1 Year Ago 2 Years Ago $ 31,800 Accounts receivable, net Merchandise inventory Cash Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 445,000 $ 523,000 $ 129,900 98,500 163,500 131,100 $ 523,000 $ 445,000 $ 75,250 101,500 163,500 104,750 $ 377,500 $ 51,250 83,500 163,500 79,250 $ 377,500 The company's income statements for the current year and 1 year ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share. Current Year $ 673,500 $ 411,225 1 Year Ago $ 532,000 209,550 12,100 9,525 $ 31,100 $ 345,500 134,980 13,300 8,845 502,625 $ 29,375 $ 1.80 642,400 $ 1.90 Mc Graw Hill < Prev S 26 of 26 Next > Help Save & Exit Submit Check my work Update Other Bookmarks