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Amounts are in thousands of dollars (except number of shares and price per share): Kiwi Fruit Company Balance Sheet Cash and equivalents Operating assets

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Amounts are in thousands of dollars (except number of shares and price per share): Kiwi Fruit Company Balance Sheet Cash and equivalents Operating assets Property, plant, and equipment Other assets Total assets Current liabilities Long-term debt Other liabilities Total liabilities Paid in capital Retained earnings Total equity Total liabilities and equity $570 650 2,700 110 $4,030 $920 1,280 120 $2,320 $340 1,370 $1,710 $4,030 Kiwi Fruit Company Income Statement Net sales $7,800 Cost of goods sold -5,900 Gross profit $1,900 Operating expense 990 Operating income $910 Other income 70 Net interest expense -250 Pretax income $730 Income tax -200 Net income $530 Earnings per share $2.00 Shares outstanding 265,000 Recent price $34.50

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