Question: ouncements Due Monday by 11:59pm Points 10 Submitting a text entry box or a file upload abus Assignment Questions: Hlules ignments cussions des actortrack tgers
ouncements Due Monday by 11:59pm Points 10 Submitting a text entry box or a file upload abus Assignment Questions: Hlules ignments cussions des actortrack tgers Libraries sted. it to format Chapter 2: Questions and Problems: 1. Building a Balance Sheet [LO1IWims, Inc., has current assets of $4,900, net fixed assets of $27,300, current liabilities of $4,100, and long-term debt of $10,200. What is the value of the shareholders' equity account for this firm? How much is net working capital? 2. Building an Income Statement (LD1) Griffin's Goat Farm, Inc., has sales of $796,000, costs of $327,000, depreciation expense of $42,000, interest expense of $34,000, and a tax rate of 21 percent. What is the net income for this form? 3. Dividends and Retained Earnings (101) Suppose the firm in Problem 2 paid out $95,000 in cash dividends. What is the addition to retained earnings? 4. Per-Share Earnings and Dividends (L01) Suppose the firm in Problem 3 had 80,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure? udent Instructional ting Survey edia Gallery y Media eading List om - HIPAA Dom isco Webex
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