Question: Using the table below create SinCo's Income Statement and Balance Sheet for the Prior Year and Current Year, and then answer the questions that are

Using the table below create SinCo's Income Statement and Balance Sheet for the Prior Year and Current Year, and then answer the questions that are below. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Prior Year Current Year
Revenue $4,000 5600
Cost of Good Sold 1,600 2,520
Depreciation 500 525
Inventory 300 340
SG&A 500 580
Interest Expenses 150 172
Common Stock and Paid-in Capital 2,200 2,200
Federal and State Taxes (35% of EBT) 400
Accounts Payable 300 340
Accounts Receivable 400 450
Net Fixed Assets 5,000 5000
Retained Earnings (Balance Sheet) 1,000
Long-Term Debt 2,000 2500
Notes Payable 1,000 950
Dividends Paid 410 410
Cash 800

Income Statement Questions:

What is SinCo's EBITDA for the current year?
What is SinCo's EBIT for the current year?
What is SinCo's Net Income for the current year?

Balance Sheet Questions:

What is SinCo's current year's Retained Earnings
What is the current year's Total Liabilities and Shareholders Equity
What is SinCo's current year's Total Assets
What is SinCo's current year's Cash Balance
What is SinCo's current year's Total Current Assets

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