Question: Post Test Test I - A Instruction: Determine the following and present using the illustrated format. 1. Net Income after tax 2. Balance Sheet Income

Post Test Test I - A Instruction: Determine the following and present using the illustrated format. 1. Net Income after tax 2. Balance Sheet Income Statement Data: Revenue - 2, 588,000 Cost goods sold = 759,677 Taxes = 50,000 Expenses = 888,500 Balance Sheet Data:Althea Drinks and Dine Restaurant Accounts Payable = 55,200 Cash = 319,200 Capital = 577,200 Inventory = 208,000 Property Plant and Equipment = 105,000 Test II Insstruction : Determine the answers of the following ratios: 1. Payback period 2. Return of Investment 3 Return on Sales Data: Investment = 2,500,000 Net Income After Taxes = 600,000 Sales = 700,000 9
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