The following selected financial information is available for HAS, Incorporated. Amounts are in millions of dollars....
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The following selected financial information is available for HAS, Incorporated. Amounts are in millions of dollars. Required: Complete the financial information for HAS, Incorporated by filling the missing amounts. Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions of dollars. Income Statements Revenue Cost and expenses Net income Balance Sheets Assets Cash Other assets Total assets Liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Year 1 $ $ $ Year 2 1,220 $ 56 2,325 (1,610) $ 2,880 2,260 $ 3,150 $ 4,600 2,220 $ 1,860 771 2,276 $ 3,150 $ Year 3 (2,760) $ 265 $ 4,600 $ 2,860 1,360 Year 4 $ 3,620 (3,140) $ 2,220 $ 5,320 $ 2,360 1,036 3,040 4,400 $ 3,876 5,320 The following selected financial information is available for HAS, Incorporated. Amounts are in millions of dollars. Required: Complete the financial information for HAS, Incorporated by filling the missing amounts. Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions of dollars. Income Statements Revenue Cost and expenses Net income Balance Sheets Assets Cash Other assets Total assets Liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Year 1 $ $ $ Year 2 1,220 $ 56 2,325 (1,610) $ 2,880 2,260 $ 3,150 $ 4,600 2,220 $ 1,860 771 2,276 $ 3,150 $ Year 3 (2,760) $ 265 $ 4,600 $ 2,860 1,360 Year 4 $ 3,620 (3,140) $ 2,220 $ 5,320 $ 2,360 1,036 3,040 4,400 $ 3,876 5,320
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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