What is the entry for the current year's taxes on a common-sized income statement? Submit Answer...
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What is the entry for the current year's taxes on a common-sized income statement? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Category Prior Year Current Year ??? ??? 320,715 397,400 40,500 33,750 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 428,469.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 54,982.00 Interest expense 40,500 42,662.00 Inventories 279,000 288,000 Long-term debt 335,823.00 398,890.00 Net fixed assets 946,535 999,000 Notes payable 148,500 Operating expenses (excl. depr.) 126,000 Retained earnings 306,000 Sales 639,000 849,083.00 Taxes 24,750 47,153.00 Accounts payable Accounts receivable Accruals Additional paid in capital 162,000 162,849.00 342,000 Att #2 O Category. Accounts payable Accounts receivable Prior Year Current Year ??? ??? 320,715 397,400 40,500 33,750 500,000 541,650 17,500 47,500 94,000 105,000 328,500 429,913.00 33,750 35,000 54,000 55,482.00 40,500 41,623.00 Inventories 279,000 288,000 Long-term debt 335,191.00 399,774.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 161,365.00 Retained earnings 306,000 342,000 Sales 639,000 849,045.00 Taxes 24,750 48,925.00 Accruals Additional paid in capital Cash Common Stock COGS Current portion long-term debt Depreciation expense Interest expense What is the current year's accounts payable balance? Submit Answer format: Number: Round to: 0 decimal places. unanswere not submitte Attempts Remaining Infinit #3 Category. Prior Year Current Year Accounts payable ??? Accounts receivable 397,400 Accruals 33,750 Additional paid in capital 541,650 Cash 47,500 Common Stock 105,000 COGS 428,469.00 Current portion long-term debt 35,000 Depreciation expense 54,982.00 Interest expense 42,662.00 Inventories 288,000 Long-term debt 335,823.00 398,890.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 162,849.00 Retained earnings 306,000 342,000 Sales 639,000 849,083.00 Taxes 24,750 47,153.00 ??? 320,715 40,500 500,000 17,500 94,000 328,500 33,750 54,000 40,500 000 What is the current year's return on assets (ROA)? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswere not_submitte Attempts Remainin Infin #4 Category Prior Year Current Year Accounts payable ??? ??? Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 428,469.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 54,982.00 Interest expense 40,500 42,662.00 Inventories 279,000 288,000 Long-term debt 335,823.00 398,890.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 162,849.00 Retained earnings 306,000 342,000 Sales 639,000 849,083.00 Taxes 24,750 47,153.00 What is the current year's return on equity (ROE)? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswer not submit Attempts Remaini Infir #5 Category Prior Year Current Year Accounts payable ??? Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 431,263.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 55,419.00 Interest expense 40,500 42,969.00 Inventories 279,000 288,000 Long-term debt 339,644.00 398,125.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 161,867.00 Retained earnings 306,000 342,000 Sales 639,000 849,467.00 Taxes 24,750 48,241.00 ??? What is the current year's entry for long-term debt on a common-sized balance sheet? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswer not submit Attempts Remaini Infin What is the entry for the current year's taxes on a common-sized income statement? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Category Prior Year Current Year ??? ??? 320,715 397,400 40,500 33,750 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 428,469.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 54,982.00 Interest expense 40,500 42,662.00 Inventories 279,000 288,000 Long-term debt 335,823.00 398,890.00 Net fixed assets 946,535 999,000 Notes payable 148,500 Operating expenses (excl. depr.) 126,000 Retained earnings 306,000 Sales 639,000 849,083.00 Taxes 24,750 47,153.00 Accounts payable Accounts receivable Accruals Additional paid in capital 162,000 162,849.00 342,000 Att #2 O Category. Accounts payable Accounts receivable Prior Year Current Year ??? ??? 320,715 397,400 40,500 33,750 500,000 541,650 17,500 47,500 94,000 105,000 328,500 429,913.00 33,750 35,000 54,000 55,482.00 40,500 41,623.00 Inventories 279,000 288,000 Long-term debt 335,191.00 399,774.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 161,365.00 Retained earnings 306,000 342,000 Sales 639,000 849,045.00 Taxes 24,750 48,925.00 Accruals Additional paid in capital Cash Common Stock COGS Current portion long-term debt Depreciation expense Interest expense What is the current year's accounts payable balance? Submit Answer format: Number: Round to: 0 decimal places. unanswere not submitte Attempts Remaining Infinit #3 Category. Prior Year Current Year Accounts payable ??? Accounts receivable 397,400 Accruals 33,750 Additional paid in capital 541,650 Cash 47,500 Common Stock 105,000 COGS 428,469.00 Current portion long-term debt 35,000 Depreciation expense 54,982.00 Interest expense 42,662.00 Inventories 288,000 Long-term debt 335,823.00 398,890.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 162,849.00 Retained earnings 306,000 342,000 Sales 639,000 849,083.00 Taxes 24,750 47,153.00 ??? 320,715 40,500 500,000 17,500 94,000 328,500 33,750 54,000 40,500 000 What is the current year's return on assets (ROA)? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswere not_submitte Attempts Remainin Infin #4 Category Prior Year Current Year Accounts payable ??? ??? Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 428,469.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 54,982.00 Interest expense 40,500 42,662.00 Inventories 279,000 288,000 Long-term debt 335,823.00 398,890.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 162,849.00 Retained earnings 306,000 342,000 Sales 639,000 849,083.00 Taxes 24,750 47,153.00 What is the current year's return on equity (ROE)? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswer not submit Attempts Remaini Infir #5 Category Prior Year Current Year Accounts payable ??? Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 431,263.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 55,419.00 Interest expense 40,500 42,969.00 Inventories 279,000 288,000 Long-term debt 339,644.00 398,125.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 161,867.00 Retained earnings 306,000 342,000 Sales 639,000 849,467.00 Taxes 24,750 48,241.00 ??? What is the current year's entry for long-term debt on a common-sized balance sheet? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswer not submit Attempts Remaini Infin
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Answers 1 Entry for current years taxes on a commonsized income statement There is no specific entry ... View the full answer
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