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1 Required: 4.16 points 1. For each of the following items in Old Time Cable, Inc.'s financial statements, indicate (1) whether it is reported in
1 Required: 4.16 points 1. For each of the following items in Old Time Cable, Inc.'s financial statements, indicate (1) whether it is reported in the income statement (1/S) or balance sheet (B/S) and (2) whether it is an asset, liability, stockholders' equity, revenue, or expense account. The first item is given as an example. 2. Old Time Cable also reported $5,740 in operating expenses. Based on the available information, determine the company's net profit margin expressed as a percent. eBook Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 References For each of the following items in Old Time Cable, Inc.'s financial statements, indicate (1) whether it is reported in the income statement (1/5) or balance sheet (B/S) and (2) whether it is an asset, liability, stockholders' equity, revenue, or expense account. The first item is given as an example. Item Cash 1. Service Revenue 2. Accounts Receivable (1) Statement $ 1,580 B/S 8,300 (2) Account Type Asset 1,600 660 900 3. Interest Expense 4. Deferred Revenue 5. Income Tax Expense 6. Retained Earnings 390 260 1 Required: 4.16 points 1. For each of the following items in Old Time Cable, Inc.'s financial statements, indicate (1) whether it is reported in the income statement (1/S) or balance sheet (B/S) and (2) whether it is an asset, liability, stockholders' equity, revenue, or expense account. The first item is given as an example. 2. Old Time Cable also reported $5,740 in operating expenses. Based on the available information, determine the company's net profit margin expressed as a percent. eBook Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 References Old Time Cable also reported $5,740 in operating expenses. Based on the available information, determine the company's net profit margin expressed as a percent. (Round your answer to 1 decimal place.). Net Profit Margin % Required 1 Required 2 >
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