Question: only need right side From the following information, construct a simple income statement and a balance sheet: Sales Finished goods Long-term debt Raw materials Cash

From the following information, construct a simple income statement and a balance sheet: Sales Finished goods Long-term debt Raw materials Cash Cost of goods sold Accounts receivable Plant and equipment Interest expense Number of shares outstanding Earnings before taxes Tastes Accounts payable Other current liabilities Other expenses Equity $1,500,000 270,000 400,000 100,000 20,000 600,000 300,000 280,000 100,000 100,000 690,000 110,000 220,000 30,000 110,000 320,000 Round your answer for earnings per share to the nearest cent. 2000 Liabilities and Owners' Equity Accounts payable Other current liabilities 300000 Total current liabilities $ 000 000 Long-term debt Equity 370000 $ 690000 280000 970000 Total liabilities and shareholders' equity $
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
