Question: prepare an in income statement Finance - Financial Statement Analysis The following information was provided by Fanny Nanni INCOME STATEMENT (Partial Information): Revenue This Yr

 prepare an in income statement Finance - Financial Statement Analysis The

prepare an in income statement

Finance - Financial Statement Analysis The following information was provided by Fanny Nanni INCOME STATEMENT (Partial Information): Revenue This Yr $ 112 760 $ 85 300 1. What wa Cost of Goods Sold 2. How mu 3. What w 4. If the firn BALANCE SHEET: This Yr Last Y $ 2540 1 800 18 320 27 530 50 190 $ 2 081 1 625 16 850 26 470 47 026 Marketable Sec. Accounts Rec Inventory Total Current Assets s. What is what is 7. What i 8. What i 9. What 10. What 11. What 12. Whot 13. wha 14. Wha Plant & Equipment 43 100 11 400 31 700 $81 890 39 500 Less Acc. Dep Net Plant&Equip. 9 500 30 000 Total Assets $77 026 Accounts Payable 9721 8 500 3 200 Other Current Liabilities 2 102 8 340 5 635 3 150 1 750 Notes Payable Accrued Expenses Current Portion of LT Debt 2 000 25 523 22000 2000 20 875 Total Current Liab. Long Term Liabilities 24 000 44 875 9 151 Total Liabilities Retained Earnings Common Stock size 11367 23 000 23 000 16. Wh Cho Total Owners Equity 34 36Z 32151 Total Liab & Equity $81890 S77 026 Determ Use the following information to complete the income statement and answer the following questions: Expense:s Industr Quick Invent Total A Debt Debt/ Times $6 540 Administrative Exp. Supplies & Selling Exp. Depreciation Interest Expense 9250 150 3 160 Net Pa Retun Tax Bracket 40% Common Stock Shares Outstanding 1,300,000 Retur Answers: 1.97 138.3% 24.4% $6443 000 $3.86 4.45% 3.65 58% $5 166 000 com you $3 846 000 $3 344 000 89 1.38 3.09 $4088 000 14.6%

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