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450.000 15. Maxwell Company's financial information is presented below. Domestic Sales 7707 Cost of Goods Sold Sales Returns and Allowances 50.000 Gross Profit Net Sales
450.000 15. Maxwell Company's financial information is presented below. Domestic Sales 7707 Cost of Goods Sold Sales Returns and Allowances 50.000 Gross Profit Net Sales 780.000 The missing amounts above are: Domestic Sales Gross Profit 830.000 330.000 b. 730.000 330.000 S. 830.000 380.000 d. 730.000 380.000 Answer questions 16-21 using the following information: The following information is for Qwik Auto Supplies: Qwik Auto Supplies Balance Sheet 31.12.2019 Banks Loans (ST) Accounts Payable Bank Loans (LT) Total Liabilities $ 140.000 60.000 150.000 350.000 Cash Accounts Receivable Inventory Prepaid Expenses Associates Land Building Less Accumulated Depreciation Trademark Total Assets $ 45.000 110.000 140.000 80.000 185.000 250.000 $200.000 (50.000) 150.000 140.000 $1.100.000 Capital 750.000 Total Liabilities and Shareholders' Equity $1.100.000 16. The total dollar amount of assets to be classified as current assets is a $110.000 S $560.000 b. $375.000 d. $810.000 17. The total dollar amount of assets to be classified as property, plant, and equipment is a. $400.000 c. $500.000 b. $450.000 d. $635.000 18. The total dollar amount of assets to be classified as non-current assets is a $375.000 $725.000 b. $450.000 d. $140.000 19. The total dollar amount ofliabilities to be classified as current liabilities is a. $60.000 c. $200.000 b. $140.000 d. $350.000 20. The total dollar amount of intangible assets is a. $1.100.000 c. $235.000 b. $140.000 d. $450.000 21. The total dollar amount ofliabilities to be classified as non-current liabilities is a. $1.100.000 $245.000 b. $150.000 d. $450.000
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