Using the table below create SinCo's Income Statement and Balance Sheet for the Prior Year and...

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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 Revenue Cost of Good Sold Depreciation Inventory SG&A Interest Expenses Common Stock and Paid-in Capital Federal and State Taxes (35% of EBT) Prior Year Net Fixed Assets Retained Earnings (Balance Sheet) Long-Term Debt Notes Payable Dividends Paid Cash $4,000 1,600 500 300 500 150 2,200 400 Accounts Payable 300 Accounts Receivable 400 5,000 1,000 2,000 1,000 410 800 4196 1,846 515 331 514 174 2,200 352 425 5451 2527 946 410 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 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 Revenue Cost of Good Sold Depreciation Inventory SG&A Interest Expenses Common Stock and Paid-in Capital Federal and State Taxes (35% of EBT) Prior Year Net Fixed Assets Retained Earnings (Balance Sheet) Long-Term Debt Notes Payable Dividends Paid Cash $4,000 1,600 500 300 500 150 2,200 400 Accounts Payable 300 Accounts Receivable 400 5,000 1,000 2,000 1,000 410 800 4196 1,846 515 331 514 174 2,200 352 425 5451 2527 946 410 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

Answer rating: 100% (QA)

1 Income Statement Particulars Current Year Sales 4196 Less Cost of Goods Sold 1846 Gross Profit 235... View the full answer