11:

1: What are the net sales?

2: What is the gross profit?

3: What is the gross profit rate? (Type in your answer as a decimal, not a percentage)

4: What is the operating income?

5: What is the net income?

6: What is the ending retained earnings?

7: What are total current assets?

8: What are total plant (property, plant, and equipment) assets?

9: What are total assets?

10: What are total current liabilities?

11: What are total long-term liabilities?

12: What are total liabilities?

13: What is total stockholders' equity?

14: What are total liabilities and stockholders' equity?

800 Problem 3 III. Listed below is the adjusted trial balance of Death Star Company at the end of December 31, 2019. Death Star Company uses the perpetual inventory method. DR CR Cash 4,100 Accounts Receivable 2,450 Supplies 1,200 Prepaid Insurance Merchandise Inventory 1,440 Equipment 32,000 Accum. Depr. - Equip. 15,000 Buildings 80,000 Accum. Depr. - Bldngs. 10,000 Land 40,000 Accounts Payable 3,500 Salaries Payable 400 Interest Payable 850 Long-Term Notes Payable 30,000 Common Stock 24,000 Retained Earnings 82,305 Dividends Declared 12,500 Sales 134,000 Sales Returns & Allowances 7,500 Sales Discounts 2,450 Cost of Goods Sold 86,835 Selling Expenses 14,500 Administrative Expenses 12,400 Miscellaneous Revenues 1,120 Interest Expense 3,000 Totals 301,175 301,175 n... 1