Question: Question 22 (16 points) Fill in the missing numbers from some slightly modified recent Financial Statements. If I list an account area, that account areas

 Question 22 (16 points) Fill in the missing numbers from some

slightly modified recent Financial Statements. If I list an account area, that

Question 22 (16 points) Fill in the missing numbers from some slightly modified recent Financial Statements. If I list an account area, that account areas is correct. Deferred income taxes (current asset) 5, Total current liabilities 93, Total current assets 101, Deferred revenue (Current liability) 10, Long-term investments 4, Short-term investments 4, Total liabilities 218, Other current assets 3, Short-term borrowings 21, Total assets 318, Accounts payable 49, Gross margin 195, Preferred stock ($5 par) 12, Merchandise inventory 76, Deferred income taxes (Long term liability) 2, Current maturities of long-term debt 5, Other Long Term Assets 13, Net earnings 27, Capital in excess of par value 4, Retained earnings 76, Accumulated other comprehensive loss (Equity) -2, Cost of sales 366, Dividends 8, Other Long Term liabilities 8, Pre-tax earnings 43, Selling, general and administrative 132, EBIT 48, Deferred revenue - long-term protection plans (Long term Liability) 7, Addition to Retained Earnings --------, Total liabilities and shareholders' equity ---------, Cash and cash equivalents _______, Income tax provision ________, Net sales ---------, Long-term debt -------- Common stock ($.50 par). Interest Expense - net ________, Depreciation ----- Accrued compensation -----, Property, less accumulated depreciation ---- ----- 1. Cash and cash equivalents Property, less accumulated depreciation 3. Accrued compensation 4. Long-term debt 5. Common stock ($.50 par) Total liabilities and shareholders' equity 7. Net sales 8. Depreciation 9. Interest Expense - net 10. Income tax provision 11. Addition to Retained Earnings

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!