just need help filling in the blanks! thank you
Answer:
just need help filling in the blanks! thank you OUTPUT Income Statement INPUT 2014 250,000 300,000...
Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners’ Equity 2014 2015 2014 2015 Current assets Current liabilities Cash $ 4,000 $ 11,280 Accounts payable $ 39,040 $ 48,720 Accounts receivable 14,880 20,400 Notes payable 12,960 17,280 Inventory 61,920 90,480 Total $ 80,800 $ 122,160 Total $ 52,000 $ 66,000 Long-term debt $ 48,000 $ 36,000 Owners’ equity Common stock and...
Breakwater Boats sells boating accessories. At the end of 2014, the income statement and comparative balance sheet were prepared as shown below. Based on the information given, prepare a cash flow statement for Breakwater Boats. Current Assets Accounts receivable Invertory Propaid expenses Total Cument Assets Long-Term Assets Property, plant&equipmen(t)$340,000 $384,000 Less: Acoumulated depreciation -26,200 $24,500 TOTAL ASSETS 94,800 $87 500 327,000 $245,700 $14,500 $14,500 $510,170 $410.200 $823,970 $769,700 Liabities Current Liablities Accounts payable Current portion of bank loan Total Curent...
Consider the following information for James Inc. for the Year 2014: 2014 Assets Cash 55,600 Accounts Receivable 140,400 Inventory 185,400 Land 90,000 PP&E 225,000 Accumulated Depreciation (117,000) Total Assets 579,400 Liabilities Accounts Payable 151,200 Accrued Expenses 36,000 Notes Payable 52,000 Total Liabilities 239,200 Stockholders' Equity Common Stock 18,000 Additional Paid-in Capital 115,200 Beginning Retained Earnings 145,800 Net Income 97,200 Dividends 36,000 Ending Retained Earnings 207,000 Total Stockholders' Equity 340,200 Total Liabilities and Equity 579,400 1. Calculate James' Debt-to-Equity Ratio ...
Bethesda Mining Company reports the following balance sheet information for 2013 and 2014. BETHESDA MINING COMPANY Balance Sheets as of December 31, 2013 and 2014 2013 2014 2013 2014 Assets Liabilities and Owners’ Equity Current assets Current liabilities Cash $ 42,646 $ 54,402 Accounts payable $ 191,422 $ 199,111 Accounts receivable 60,781 81,139 Notes payable 86,520 138,088 Inventory 127,265 193,375 Total $ 277,942 $ 337,199 Total $ 230,692 $ 328,916 Long-term debt $ 240,000 $ 176,750 Owners’ equity Common...
Need the answer of question 3 Partial Income Statement At the End of 2019 Sales revenue Cost of goods sold Fixed costs Selling, general, and administrative expenses Interest expense Depreciation $350,200 $142,000 $43,000 $27,800 $0 $45,800 Tax rate 40% ASSETS Cash Accounts receivable Inventories Gross Fixed assets Accumulated depreciation (-) Intangible assets Partial Balance Sheet 2018 LIABILITIES $16,100 Notes payable $27,800 Accounts payable $47,900 Long-term debt $367,800 OWNERS' EQUITY $143,000 Accumulated retained earnings $81,900 Common stock $14,200 $18,800 $189,900 $131,900...
Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners’ Equity 2014 2015 2014 2015 Current assets Current liabilities Cash $ 11,000 $ 14,250 Accounts payable $ 54,000 $ 63,750 Accounts receivable 27,000 36,750 Notes payable 14,800 20,500 Inventory 75,000 96,250 Total $ 113,000 $ 147,250 Total $ 68,800 $ 84,250 Long-term debt $ 50,000 $ 40,000 Owners’ equity Common stock and...
Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. Prepare the 2015 combined common-size, common–base year balance sheet for Just Dew It. (Do not round intermediate calculations. Round your answers to 4 decimal places, e.g., 32.1616.) Any help is appreciated :) JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities Cash Accounts receivable Inventory $ 6,560 16,160 61,280 $ 8,600 22,600 74,600...
Question 2 Parts A-D A Use the starting balance sheet, income statement, and the list of changes to answer the question. Valley Technology Balance Sheet As of December 31, 2019 (amounts in thousands) Cash 22,000 Liabilities 36,000 Other Assets 28,000 Equity 14,000 Total Assets 50,000 Total Liabilities & Equity 50,000 Valley Technology Income Statement January 1 to March 31, 2020 (amounts in thousands) Revenue 7,200 Expenses 3,600 Net Income 3,600 Between January 1 and March 31, 2020: 1. Cash decreases...
Birtle Corporation reports the following statement of financial position information for 2014 and 2015 Birtle CORPORATION 2014 and 2015 Statement of Financial Position Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities $ 41,060 Cash Accounts receivable Inventory $ 9,279 23,683 42,636 $11,173 25,760 46,915 Accounts payable Notes payable $43,805 16,843 16,157 57217 $ 40,000 50,000 Total $ 75,598 $ 83,848 Total $ 60,648 $ 35,000 $ 50,000 Long-term debt Owners' equity Common stock and paid-in...
Use the following tinancial statements: Dynamic Mattress Year-End Balance Sheet for 2014 (figures in $ millions) Current Liabilities: Bank loans Current Assets Cash Marketable securities Accounts receivable Inventory 49 134 183 188 Accounts payable 137 142 467 Long-term debt Total current liabilities Total current assets 84 428 Net worth (equity and retained earnings) Fixed assets Gross investment Less depreciation Net fixed assets 332 104 228 695 Total assets Total liabilities and net worth 695 Dynamic Mattress Year-End Balance Sheet for...