All questions are True False

Data Table Technica, Inc. Income Statement for the Year Ended December 31, 2015 Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses $600,400 460,200 $140,200 General and administrative expenses Depreciation expense $30,500 29,900 Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Eamings available for common stockholders Earnings per share (EPS) 60,400 $79,800 10,300 $69,500 27,000 $42,500 $2.13 Technica, Inc. Balance Sheets December 31 Assets 2015 2014 Cash $14,500 $16,100 7,700 41,800 6,500 33,700 Accounts receivable Print Done F7 F8 F9 F10 F11 6 7 0