question one

question two

question three

the explnations are shown in each pictures what needs to be down

Marcys, Incorporated, operates the two best-known high-end department store chains in North America. Marcy's and Bioomingtan's. The following simpilied data (in milions) were taken from its recent annual report for the year ended. February 1: Requlred: Prepare a complete classified (mulbple-step) consolidated statement of income. (showing gross margin, operating income, and income before income taxes) Note: Enter your answers in millions (L.e., 10,000,000 should be entered os 10). At the end of the prior annual reporting period, Bamard Corporation's balance sheet showed the following: During the current year, the foliowing selected transactions (summarized) were completed: a. Sold and issued 1,100 shares of common stock at $25 cash per share (at year-end). b. Determined net income, $48,000. c. Declared and paid a cash dividend of $3 per share on the beginning shares outstanding. Required: Prepare a statement of stockhoiders' equity for the year ended December 31, current year. Cariton Soup Company is the world's leading maker and marketer of soup and sells other well-known brands of food in 160 countries. Presented here are the items listed on a simpilfed version of its recent balance sheet (dollars in millions) presented in aiphabetical order: Required: Prepare a classified consolidated balance sheet for Cariton Soup for the current year (ended July 31). Note: Enter your answers in millions (1.e., 10,000,000 should be entered as 10)