Question: only need 2b 2c 2d 1. Complete the following columns for each item in the preceding comparative financial statements (Negative answers should be indicated by
only need 2b 2c 2d



1. Complete the following columns for each item in the preceding comparative financial statements (Negative answers should be indicated by a minus sign. Round percentage answers to 2 decimal places (i.e., 0.1243 should be entered as 12.43 ).): 2-a. By what amount did working capital change? 2-b. What was the percentage change in the income tax rate? (Round intermediate calculations and final answer to 2 decimal places.) 2-c. What was the amount of cash collections from customers in year 2 ? 2-d. What was the percentage change for the markup realized on sales? (Round intermediate calculations and final answer to 1 decimal place.) *One-third was credit sales. During Year 2, cash dividends amounting to $6,500 were declared and paid
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
