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31. Year 2. for Goldfish Company showed the follow Statement of Earnings Sales revenue Cost of sales Gross margin Operating expenses and interest expense Earnings

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31. Year 2. for Goldfish Company showed the follow Statement of Earnings Sales revenue Cost of sales Gross margin Operating expenses and interest expense Earnings before income taxes Income tax expense Net earnings Statement of Financial Position Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Year 2 Year 1 $336, 240 $285,000 285,560 241,000 50,689 44,000 33, 460 30,200 17,220 13,800 5,510 4,200 $ 11,710 $ 9,600 Current liabilities (no interest) Non-current liabilities (10% interest) Common shares (6,000 shares) Retained earningst $ 4,380 18,280 52,460 34,270 $109, 390 $ 12,550 39,830 30,000 27,010 $ 109,390 $ 8,800 22,000 46,000 29,000 $105,800 $ 15,200 38,800 30,000 21,800 $105,800 "One-third was credit sales. During Year 2, cash dividends amounting to $6,500 were declared and paid. Required: 1. Complete the following columns for each item in the preceding comparative financial statements (Negative be indicated by a minus sign. Round percentage answers to 2 decimal places (ie., 0.1243 should be entered us 12.00 Next > Prev 1 of 3 BBC Check my work Required: 1. Complete the following columns for each item in the preceding comparative financial statements (Negative answers should be indicated by a minus sign. Round percentage answers to 2 decimal places (i.e., 0.1243 should be entered as 12.43).); Increase (Decrease) Year 2 over Year Amount Percentage Statement of earnings: Sales revenue Cost of sales Gross margin Operating expenses and interest expense Earnings before income taxes Income tax expense Net earnings Statement of financial position: Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Current liabilities Long-term debt Common shares Retained earnings my wort 2-a. By what amount did working capital change? Change in working capital 2-b. What was the percentage change in the income tax rate? (Round intermediate calculations and final answer to 2 decimal places.) % Percentage change 2-c. What was the amount of cash collections from customers in year 2? Amount of cash inflow 1 of 3 HE Next > . 2.d. What was the percentage change for the markup realized on sales? (Round intermediate calculations and final answer to 1 decimal place.) Percentage change

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