Question: Solve for the missing numbers. Total Assets ____________, Net sales ___________ , Less: Accumulated depreciation and amortization ___________, Income taxes _________, Net change in Retained
Solve for the missing numbers. Total Assets ____________, Net sales ___________ , Less: Accumulated depreciation and amortization ___________, Income taxes _________, Net change in Retained Earnings _______ , Depreciation _______, Accrued contributions to profit-sharing _________, Interest expense _________ , Prepaid expenses _________, Accumulated other comprehensive losses ___________, Total current liabilities 1,506, Retained earnings 1,914, Treasury stock (7), Earnings before income taxes 935, Net earnings 622, Less: Net dividends 37, Cash and cash equivalents 326, Accounts receivable 1,325, Inventories 1,429, Prepaid income taxes 38, Total current assets 3,206, Long Term Debt 2,248, Deferred Tax Uncertainties (Long term Liability) 111, Common stock $0.50 par value 51, Additional contributed capital 2, Property, buildings and equipment gross 3,444, Income taxes payable 74, Total shareholders equity 1,829, Cost of merchandise sold 6,327 ,Employment Noncurrent Liabilities 110, Cumulative preferred stock $5 par value 4, Gross profit 4,097, Other Long Term Assets 71, Warehousing and marketing expenses 3,037, Goodwill and Intangibles 1112, Current maturities of long-term debt 39, Trade accounts payable 731, Operating earnings 1,048, Interest income 3, Property, buildings and equipment net 1,391, Deferred Income Taxes (Long term Asset) 22, Accrued compensation and benefits 254, Total Liabilities and Equity 5,804, Loss from equity method investment (goes above Earnings before Income Taxes and below Operating Earnings) (39)
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