Question: Please complete and explain how to get certain numbers how did 105,000 and any other amounts that require side work calculations. Name Chris Stapleton Financial

Please complete and explain how to get certain numbers how did 105,000 and any other amounts that require side work calculations.
Name Chris Stapleton Financial Statement Exercise Balance Sheet/lncome Statement Categories Assets Current Assets Equity Fixed Assets Gross Profit on Sales Liabilities Total Equity Total Liabilities Total Liabilities and Equity Net Profit after Tax Net Profit from Operations Operating Expenses BALANCE SHEET Cash unt Deceivable 27,000 inventory 6l,000 Total carrent assets 98,000 Accumullated depr (62,000) Plant + Equipment 187,000 Total Assets 223,000 INCOME STATEMENT NetsolesCogs326,000120,000GipossprofitonsalesDeprectotionexp27,000(50,000)EBIT200,000 \begin{tabular}{lc} \hline Common staks & 50,000 \\ \hline total shares & 50,000 \\ RE & 23,000 \end{tabular} 223,000950,000=73,00050,000=23,00
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
