Homework Answers
| Revenue | 746000 |
| Cost of Goods Sold | 343000 |
| Gross profit | 403000 |
| SG&A | 69000 |
| Depreciation | 116000 |
| EBIT | 218000 |
| interest | 81000 |
| PBT | 137000 |
| Tax | 54800 |
| Net income | 82200 |
Operating cash flow = Net income + depreciation = 82,200 + 116,000 = 198,200.
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Income statement. From the following income statement accounts in the popup window,...
Income statement. From the following income statement accounts in the popup window, a. produce the income...
Income statement. From the following income statement accounts in the popup window, a. produce the income statement for the year. b. produce the operating cash flow for the year. a. produce the income statement for the year. Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending December 31, 2017 EBIT Taxable income Net Income b. produce the operating cash flow for the year. The operating cash flow for the year is $ . (Round to...
Income statement. Use the data om the following financial statement in he popup window . Complete...
Income statement. Use the data om the following financial statement in he popup window . Complete he partia income statement he company paid interest expense of $17,500 or 2017 and had an overall tax ate of 40% for 2017 Complete the income statement below: (Round to the nearest dollar.) t Year Ending 2017 Sales revenue Cost of goods sold Fixed costs Selling, general, and administrative expenses S360,000 $142,000 $43,400 $28,200 $46,300 Data Table Partial Income Statement Year Ending 2017 EBIT...
Income statement. From the following income statement accounts in the popup window, a. produce the income...
Income statement. From the following income statement accounts
in the popup window,
a. produce the income statement for the year.
b. produce the operating cash flow for the year.
Income Statement Accounts for the Year Ending 2017 Balance Account Cost of goods sold Interest expense Taxes Revenue Selling, general, and administrative expenses Depreciation $348,000 $76,000 $55,600 $745,000 $68,000 $114,000
P2-2 (similar to) Data Table - X Help income statement. From the following income statement accounts...
P2-2 (similar to) Data Table - X Help income statement. From the following income statement accounts in the popup window, Click on the following kon in order to copy its contents into a Sorean a. produce the income statement for the year b. produce the operating cash flow for the year Teatening uecember 1 Income Statement Accounts for the Year Ending 2017 Revenue Cost of goods sold interest expense $345.000 576000 S2000 $750 000 $64.000 $110,000 Selling, general and administrative...
12.6 Pro forma income statement. Given the income statement in the popup window, € , for...
12.6
Pro forma income statement. Given the income statement in the popup window, € , for California Cement Company for 2013 and an expected sales growth rate of 7.42% for 2014, prepare a pro forma income statement for 2014. First, find the percentage of each income statement line from 2013 as a percent of sales. (Round to three decimal places.) California Cement Company Income Statement for 2013 Sales revenue $ 22,861,000 % $ -11,691,000 % $ -4,043,000 % Cost of...
Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement...
Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost of goods sold $341,000 Interest expense $82,000 Taxes $56,800 Revenue $744,000 Selling, general, and administrative expenses $62,000 Depreciation $117,000 Print Done produce the income statement for the year. omplete the income statement below. (Round to the nearest dollar) Income Statement Year Ending December 31, 2017 $ $ $ EBIT $ $ Taxable income $ $...
ho ck on the following icon in order to copy its contents into a spreadsheet.) Income...
ho ck on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost of goods sold $1,424,000 Interest expense $286,000 Taxes $224,000 Revenue $2,984,000 Selling, general, and administrative expenses $451,000 Depreciation $263,000 Print Done el Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending December 31, 2017 $ $ EBIT $ $ Taxable income $ $ $ Net income b. produce the...
Homework: P2 (Financial Statements) Score: 0 of 1 pt 4 of 8 (2 complete) P2-7 (similar...
Homework: P2 (Financial Statements) Score: 0 of 1 pt 4 of 8 (2 complete) P2-7 (similar to) HW Score: 25%, 2 Question Help . Complete the partial inco Income statement. Use the data from the following financial statement in the popup window, statement if the co Complete the incoli Data Table Sales revenue Cost of goods Fixed costs Selling, gener Depreciation EBIT (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year...
(Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement...
(Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost of goods sold $341,000 Interest expense $82,000 Taxes $56,800 Revenue $744,000 Selling, general, and administrative expenses $62,000 Depreciation $117,000 a. produce the income statement for the year. Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending December 31, 2017 $ $ $ EBIT $ $ Taxable income $ $ Net...
Statement of retained earnings. Use the data from the following financial statements in the popup window,...
Statement of retained earnings. Use the data from the following financial statements in the popup window, BB. The company paid interest expense of $18,800 for 2017 and had an overall tax rate of 40% for 2017. Complete the statement of retained earnings for 2017, and determine the dividends paid last year. The distributed earnings is $ . (Round to the nearest dollar.) Partial Income Statement Year Ending 2017 Sales revenue $350,200 Cost of goods sold $141,900 Fixed costs $42,900 Selling,...
Income statement. From the following income statement accounts in the popup window, a. produce the income statement for the year. b. produce the operating cash flow for the year. a. produce the income statement for the year. Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending December 31, 2017 EBIT Taxable income Net Income b. produce the operating cash flow for the year. The operating cash flow for the year is $ . (Round to...
Income statement. Use the data om the following financial statement in he popup window . Complete he partia income statement he company paid interest expense of $17,500 or 2017 and had an overall tax ate of 40% for 2017 Complete the income statement below: (Round to the nearest dollar.) t Year Ending 2017 Sales revenue Cost of goods sold Fixed costs Selling, general, and administrative expenses S360,000 $142,000 $43,400 $28,200 $46,300 Data Table Partial Income Statement Year Ending 2017 EBIT...
Income statement. From the following income statement accounts
in the popup window,
a. produce the income statement for the year.
b. produce the operating cash flow for the year.
Income Statement Accounts for the Year Ending 2017 Balance Account Cost of goods sold Interest expense Taxes Revenue Selling, general, and administrative expenses Depreciation $348,000 $76,000 $55,600 $745,000 $68,000 $114,000
P2-2 (similar to) Data Table - X Help income statement. From the following income statement accounts in the popup window, Click on the following kon in order to copy its contents into a Sorean a. produce the income statement for the year b. produce the operating cash flow for the year Teatening uecember 1 Income Statement Accounts for the Year Ending 2017 Revenue Cost of goods sold interest expense $345.000 576000 S2000 $750 000 $64.000 $110,000 Selling, general and administrative...
12.6
Pro forma income statement. Given the income statement in the popup window, € , for California Cement Company for 2013 and an expected sales growth rate of 7.42% for 2014, prepare a pro forma income statement for 2014. First, find the percentage of each income statement line from 2013 as a percent of sales. (Round to three decimal places.) California Cement Company Income Statement for 2013 Sales revenue $ 22,861,000 % $ -11,691,000 % $ -4,043,000 % Cost of...
Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost of goods sold $341,000 Interest expense $82,000 Taxes $56,800 Revenue $744,000 Selling, general, and administrative expenses $62,000 Depreciation $117,000 Print Done produce the income statement for the year. omplete the income statement below. (Round to the nearest dollar) Income Statement Year Ending December 31, 2017 $ $ $ EBIT $ $ Taxable income $ $...
ho ck on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost of goods sold $1,424,000 Interest expense $286,000 Taxes $224,000 Revenue $2,984,000 Selling, general, and administrative expenses $451,000 Depreciation $263,000 Print Done el Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending December 31, 2017 $ $ EBIT $ $ Taxable income $ $ $ Net income b. produce the...
Homework: P2 (Financial Statements) Score: 0 of 1 pt 4 of 8 (2 complete) P2-7 (similar to) HW Score: 25%, 2 Question Help . Complete the partial inco Income statement. Use the data from the following financial statement in the popup window, statement if the co Complete the incoli Data Table Sales revenue Cost of goods Fixed costs Selling, gener Depreciation EBIT (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year...
(Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost of goods sold $341,000 Interest expense $82,000 Taxes $56,800 Revenue $744,000 Selling, general, and administrative expenses $62,000 Depreciation $117,000 a. produce the income statement for the year. Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending December 31, 2017 $ $ $ EBIT $ $ Taxable income $ $ Net...
Statement of retained earnings. Use the data from the following financial statements in the popup window, BB. The company paid interest expense of $18,800 for 2017 and had an overall tax rate of 40% for 2017. Complete the statement of retained earnings for 2017, and determine the dividends paid last year. The distributed earnings is $ . (Round to the nearest dollar.) Partial Income Statement Year Ending 2017 Sales revenue $350,200 Cost of goods sold $141,900 Fixed costs $42,900 Selling,...
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