Listed below are account balances and other data for Hands & Eyes, Inc., a company that sells
Question:
Listed below are account balances and other data for Hands & Eyes, Inc., a company that sells crafts and decorative supplies, for the fiscal year ended December 31, 2004.
From the data presented above, determine the amount of each of the items that follow.
1. Gross profit
2. Operating income
3. Net income
4. Earnings per share
5. Current assets
6. Property, plant, and equipment
7. Other assets
8. Total assets
9. Current liabilities
10. Working capital and working capital ratio
11. Total liabilities
12. Retained earnings, December 31, 2004
13. Total stockholders' equity
14. Total liabilities and stockholders'equity
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Related Book For
Financial Accounting Information For Decisions
ISBN: 978-0324672701
6th Edition
Authors: Robert w Ingram, Thomas L Albright
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