Please help answer 35-40

Preview File Edit View Go Tools Window Help X 18% Thu 9:53 PM Q THPS 2 - Fall 2019.pdf (page 8 of 8) [ v Q Search THPS 2 - Fall 2019.pdf USE THE FOLLOWING DATA TO ANSWER QUESTIONS 35 - 40 6 Annual Income Statements 2017 2018 Sales 525,800 559,700 COGS ???? 149,600 Gross profit 381,000 410,100 Oper. exp 236,100 250,100 Depreciation 15,000 16,16 Operating profit 129,900 143,840 Interest exp 9,500 10,600 EBT 20,40 133,240 Taxes 34,910 42,880 Net Income 85,490 90,360 Annual Balance Sheets 2017 2018 Cash 440,200 468,600 Accounts rec 278,400 252,30 Inventories 293,500 315,700 Current Assets 1,012,100 1,036,600 Net fixed assets 1,125,000 ??? Land 100,200 120,600 Total Assets 2,237,300 2,357,400 Notes payable 250,000 Accounts payable 177,500 110,200 Accruals 115,80 12,900 10,600 Current portion of long-term debt 100,200 195,200 Current Liabilities 473,300 499,100 Long-term debt ,000,000 900,000 Common stock @ ($0.25 par) 25,000 30,300 Additional paid in capital 500,000 610,200 Retained earnings 239,000 317,800 Total Liabilities & Equity 2,237,300 2,357,400 35. Net fixed assets in 2018 were $ 36. COGS in 2017 was $_ 37. The debt ratio for 2017 was %. 38. Cash flow from operations in 2018 was $ 39. Cash flow from investing in 2018 was $ 40. Total dividends paid in 2017 was $ 8 3 V F