The following selected financial information is available for Best, Incorporated. Amounts are in millions of dollars....
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The following selected financial information is available for Best, Incorporated. Amounts are in millions of dollars. Required Enter the missing amounts in the following table. (Enter your answers in millions of dollars.) Income Statements Revenue Cost and expenses Net income Balance Sheets Assets Cash Other assets Total assets Liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Year 1 $ $ $ $ $ Year 2 1,130 $ 1,875 (1,160) 110 $ GA 2,700 2,080 2,790 $ 4,240 1,680 $ 1,680 825 1,790 2,790 $ 4,240 Year 3 (2,580) $ 175 2,680 $ 1,180 $ Year 4 $ 3,170 (2,870) $ 2,040 $ 4,960 $ 2,180 1,000 2,680 3,480 3,860 $ 4,960 The following selected financial information is available for Best, Incorporated. Amounts are in millions of dollars. Required Enter the missing amounts in the following table. (Enter your answers in millions of dollars.) Income Statements Revenue Cost and expenses Net income Balance Sheets Assets Cash Other assets Total assets Liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Year 1 $ $ $ $ $ Year 2 1,130 $ 1,875 (1,160) 110 $ GA 2,700 2,080 2,790 $ 4,240 1,680 $ 1,680 825 1,790 2,790 $ 4,240 Year 3 (2,580) $ 175 2,680 $ 1,180 $ Year 4 $ 3,170 (2,870) $ 2,040 $ 4,960 $ 2,180 1,000 2,680 3,480 3,860 $ 4,960
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Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
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