Question: Oceanic Excursions. Append your Financial Statements below the data. 11A. Oceanic Excursions acquired two companies in 2019.How much did they pay for these companies over

Oceanic Excursions. Append your Financial Statements below the data.

11A. Oceanic Excursions acquired two companies in 2019.How much did they pay for these companies over and above the companies' Book Value ?

11B. How much stock (dollar value) did Oceanic's repurchase in 2019 (4 points)?

11C. What was Oceanic's Dividend in 2019 (4 points)?

11D. Construct Income Statements for 2018 and 2019 (6 points).

11E. Construct Balance Sheets for 2018 and 2019 (10 points).

11F. Construct a Statement of Cash Flows for 2019 (12 points).

Financial information for Oceanic Excursions

20192018

Accounts Payable$2,000$1,916

Accounts Receivable512 488

Additional Paid-in Capital3,1003,100

Cash2,2831,803

Common Stock55

Cost of Goods Sold8,3877,614

Current Portion of Long-term Debt1,0450

Depreciation Expense866 849

Dividends?110

Goodwill2,8972,897

Interest Expense867 857

Inventory144 108

Long-Term Debt2,8133,447

Net Property, Plant & Equipment5,9245,781

Retained Earnings??

Revenue14,08212,810

Selling General & Admin Expense1,3191,278

Treasury Stock-800-650

Tax Rate = 25%

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