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11. Oceanic Excursions (40 Points). Append your Financial Statements below the data. 11A. Oceanic Excursions acquired two companies in 2019. How much did they pay

11. Oceanic Excursions (40 Points). Append your Financial Statements below the data.

11A. Oceanic Excursions acquired two companies in 2019. How much did they pay for these companies over and above the companies Book Value (4 points)?

11B. How much stock (dollar value) did Oceanics repurchase in 2019 (4 points)?

11C. What was Oceanics Dividend in 2019 (4 points)?

11D. Construct Income Statements for 2018 and 2019 (6 points).

11E. Construct Balance Sheets for 2018 and 2019 (10 points).

11F. Construct a Statement of Cash Flows for 2019 (12 points).

Financial information for Oceanic Excursions 2019 2018 Accounts Payable $ 2,000 $ 1,916

Accounts Receivable 512 488

Additional Paid-in Capital 3,100 3,100

Cash 2,283 1,803

Common Stock 5 5

Cost of Goods Sold 8,387 7,614

Current Portion of Long-term Debt 1,045 0

Depreciation Expense 866 849

Dividends ? 110

Goodwill 2,897 2,897

Interest Expense 867 857

Inventory 144 108

Long-Term Debt 2,813 3,447

Net Property, Plant & Equipment 5,924 5,781

Retained Earnings ? ?

Revenue 14,082 12,810

Selling General & Admin Expense 1,319 1,278

Treasury Stock -800 -650

Tax Rate = 25%

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