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3 Revise your worksheet to reflect these updated assumptions and then answer the questions that follow 6.42 points eBook Ask Cash Accounts receivable Inventory

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3 Revise your worksheet to reflect these updated assumptions and then answer the questions that follow 6.42 points eBook Ask Cash Accounts receivable Inventory Long-term assets Total assets Current $58,000 Previous $48,000 28,000 33,000 88,000 68,000 187,600 143,000 $361,600 $292,000 Current Previous $68,000 $58,000 96,000 86,000 164,000 144,000 197,600 148,000 $361,600 $292,000 Current liabilities- Long-term 11abilities Total liabilities Stockholders' equity Total liabilities and stockholders' equity Print Current Net sales References Cost of goods sold $340,000 210,000 Operating expenses 48,000 Interest expense 10,800 Income tax expense. 21,600 Net incone $49,600 Required: nieres

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