Based on the following statements, fill in blanks and calculate the ratios (show the process). Stock...
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Based on the following statements, fill in blanks and calculate the ratios (show the process). Stock information: On Dec. 31, stock price: $45/share, 12,000,000 shares in total. Assets Cash Net Sales - Cost of goods sold Gross margin - Selling expenses -Administration expenses Operating Income before tax -Interest expense Income before tax Marketable securities Accounts receivable Veol Corporation Income Statement for the year ended Dec.31, 2021 Tax expense Net Income Total assets Inventory Current Assets Property, plant and equipment Other assets Long-term assets (e) (f) $9,000 30,000 36,000 Veol Corporation Balance Sheet Dec. 31, 2021 90,000 90,000 (a) 210,000 $300,000 (b) (c) (d) 000' $600,000 240,000 80,000 60,000 12,000 $36.000 Liabilities and SE Accounts payable Notes payable Current liabilities Bonds payable Total liabilities Common stock Retained earnings Stockholders' equity Total liabilities and SE (h) (j) 000' 36,000 60,000 120,000 75,000 180,000 Based on the following statements, fill in blanks and calculate the ratios (show the process). Stock information: On Dec. 31, stock price: $45/share, 12,000,000 shares in total. Assets Cash Net Sales - Cost of goods sold Gross margin - Selling expenses -Administration expenses Operating Income before tax -Interest expense Income before tax Marketable securities Accounts receivable Veol Corporation Income Statement for the year ended Dec.31, 2021 Tax expense Net Income Total assets Inventory Current Assets Property, plant and equipment Other assets Long-term assets (e) (f) $9,000 30,000 36,000 Veol Corporation Balance Sheet Dec. 31, 2021 90,000 90,000 (a) 210,000 $300,000 (b) (c) (d) 000' $600,000 240,000 80,000 60,000 12,000 $36.000 Liabilities and SE Accounts payable Notes payable Current liabilities Bonds payable Total liabilities Common stock Retained earnings Stockholders' equity Total liabilities and SE (h) (j) 000' 36,000 60,000 120,000 75,000 180,000
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Related Book For
Fundamental Financial Accounting Concepts
ISBN: 978-0078025907
9th edition
Authors: Thomas Edmonds, Christopher Edmonds
Posted Date:
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