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

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.) Current Year 4741 12,228 536 349 532 174 12,200 Prior Year Revenue $4,000 Cost of Good Sold 1,600 Depreciation 500 Inventory 300 SG&A 500 Interest Expenses 150 Common Stock and Paid-in Capital 2,200 Federal and State 400 Taxes (35% of EBT) Accounts Payable 300 Accounts Receivable 400 Net Fixed Assets 5,000 Retained Earnings 1,000 (Balance Sheet) Long-Term Debt 2,000 Notes Payable 1,000 Dividends Paid 1410 Cash 800 Income Statement Questions: What is Sin Co's EBITDA for the current year? What is SinCo's EBIT for the current year? What is Sin Co's Net Income for the current year? 300 1425 5242 2430 1045 |410 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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