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a) Fill in the blanks on the Barking Dog Voices Corporation (no preferred stock). b) What must the average tax rate be? Revenues 800,000 Expenses
a) Fill in the blanks on the Barking Dog Voices Corporation (no preferred stock).
b) What must the average tax rate be?
Revenues | 800,000 |
Expenses | |
EBT | 150,000 |
Net Income | |
Retained Earnings, Jan 1 | 300,000 |
Dividends Declared | 150,000 |
Retained Earnings, Dec 31 | 270,000 |
Current Assets, Dec 31 | 280,000 |
Non-current Assets, Dec 31 | |
Total Assets | |
Current Liabilities, Dec 31 | 40,000 |
Non-current Liabilities, Dec 31 | |
Total Liabilities, Dec 31 | 210,000 |
CS &. Cap. in Excess of Par, Dec 31 | 520,000 |
Total Stockholders Equity, Dec 31 |
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