Question: Please help! I will like answer! From the following information, construct a simple income statement and a balance sheet: Sales $900,000 Finished goods 310,000 Long-term

Please help! I will like answer! From the following information, construct a simple income statement and a balance sheet:

Sales

$900,000

Finished goods

310,000

Long-term debt

300,000

Raw materials

150,000

Cash

40,000

Cost of goods sold

520,000

Accounts receivable

270,000

Please help! I will like answer! From the following information, construct a
simple income statement and a balance sheet: Sales $900,000 Finished goods 310,000

From the following information, construct a simple income statement and a balance sheet: Round your answer for earnings per share to the nearest cent. Corporation X : Income Statement for the Year Ended xx/x/xx Round your answer for earnings per share to the nearest cent

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