Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit, selected balance sheet...
Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $51,900; total assets, $199,400; common stock, $89,000; and retained earnings, $29,269.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 453,600 Cost of goods sold 297,250 Gross profit 156, 350 Operating expenses 99,100 Interest expense 4,700 Income before taxes 52,550 Income taxes 21,169 Net income $ 31,381 Assets Cash $ CABOT CORPORATION Balance Sheet...
Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $46,900; total assets, $229,400; common stock, $86,000; and retained earnings, $36,336.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $449,600 Cost of goods sold 298,450 Gross profit 151,150 Operating expenses 98,500 Interest expense 4,900 Income before taxes 47,750 Income taxes 19,236 Net income $28,514 CABOT CORPORATION Balance Sheet December 31, 2017 Assets Liabilities and...
Selected year end financial statements of Cabot Corporation follow. (All sales were on credit, selected balance sheet amounts at December 31, 2016, were inventory. $47,900: total assets, $259,400, common stock, $89,000, and retained earnings. $34,451) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 454,600 Cost of goods sold 297,950 Gross profit 156,650 Operating expenses 98,700 Interest expense 4,700 Income before taxes 53,250 Income taxes 21,451 llet income $ 31,799 Assets Cash Short-term investments Accounts receivable, net...
Selected year end financial Statements of Cabot Corporation follow. (All sales were on credit, selected balance sheet amounts at December 31, 2016 were inventory. S47.900; total assets, $259.400: common stock. $89.000, and retained earnings $34455 CABOT CORPORATION Income Statement To Year Ended December 31, 2017 Sales $ 454,600 cost of goods sold 297,950 Gross profit 156,65e Operating expenses 98,700 Interest expense 4.700 Income before taxes 53,250 Income taxes 21,451 Net income 31,799 5 $ CABOT CORPORATION Balance Sheet December 31,...
Help Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit: selected balance sheet amounts at December 31, 2016, were inventory. $54,900; total assets, $179,400, common stock, $89,000, and retained earnings. $43,032) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 454,600 Cost of goods sold 297.350 Gross profit 157,250 Operating expenses 99,200 Interest expense 4,600 Income before taxes 53,450 Income taxes 21,532 Net income $ 31,918 $ CABOT CORPORATION Balance Sheet December 31,...
Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $50,900, total assets, $209,400, common stock, $83,000; and retained earnings, $40,300.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 $ 454,608 298,158 156,45e 99,400 Sales Cost of goods sold Gross profit operating expenses Interest expense Income before taxes Income taxes 4,300 52,750 21,250 Net income 31,5ee CABOT CORPORATION Balance Sheet December 31, 2017 ASsets Cash...
Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $52,900; total assets, $199,400; common stock, $84,000; and retained earnings, $43,366.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 452,600 Cost of goods sold 297,650 Gross profit 154,950 Operating expenses Interest expense 4,100 Income before taxes 51,550 Income taxes 20,766 Net income $ 30,784 99,300 $ Assets Cash Short-term investments Accounts receivable, net...
Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit selected balance sheet amounts at December 31, 2016, were Inventory, $53,900; total assets, $239,400; common stock, $87,000; and retalned earnings, $35104.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 448, 600 298,150 150,450 99,000 4, 400 47,050 18,954 28 , 096 ales $ Cost of goods sold Gross profit Income before taxes Income taxes Net income CABOT CORPORATION Balance Sheet December 31, 2017 Assets Cash...
Selected year-end financlal statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $48,900; total assets, $189,400; common stock, $90,000; and retained earnings, $22,748.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income taxes Net income $448,600 297,250 151,350 98,600 ,100 48,650 19,59B 29, 052 CABOT CORPORATION Balance Sheet December 31, 2017 Liabilities and...
Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $54,900; total assets, $259,400; common stock, $81,000; and retained earnings, $34,712.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 297,850 Gross profit 156, 750 Operating expenses 99,100 Interest expense 4,000 Income before taxes 53,650 Income tax expense 21,612 Net income 32,038 $ Assets Cash...