Question: OM475 Esercise #2 NAME Table 1 shows the Brant Freezer company's 2016 balance sheet and Table 2 is the 2016 income statement. Please use this
OM475 Esercise #2 NAME Table 1 shows the Brant Freezer company's 2016 balance sheet and Table 2 is the 2016 income statement. Please use this infomation to answer the following questions Asset Cash Account Receivable Inventory Total current asset Net fixed asset Total assets 706034 355450 1590435 2651919 3454975 Liabilities Current liabilities Long-term debt Total liabilities 1678589 398060 2076649 1378326 3454975 Shareholders' Equity Total Liabilities and Equity 3803450 736000 3067450 Sales Cost of goods sold Gross Margin Transportation cost Warehousing cost Inventory carrying cost Other operating Total operating cost Earnings Before Interest and Taxes 567322 735982 567987 345876 Interest Taxes Net income 2217167 850283 110000 69000 671283
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