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answer number 27&28 please Assets 2014 TIGER GOLF CORP. 2014 and 2018 Balance Sheets Llabilities and Owners' Equity 2016 2014 Current liabilities 22,050 Accounts payable
answer number 27&28 please
Assets 2014 TIGER GOLF CORP. 2014 and 2018 Balance Sheets Llabilities and Owners' Equity 2016 2014 Current liabilities 22,050 Accounts payable $ 19,320 $ 22,850 2016 $21,860 Current assets Cash Accounts receivable Inventory Total 11.316 23.084 $56,260 13,850 24,650 $ 60,550 Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 10,000 9,000 9,643 11.385 $ 38,963 $ 43,235 $ 75,000 $ 85,000 $ 25,000 $ 25,000 Fixed assets Net plant and equipment 151,365 167,840 234.068 260,525 I Total $176,365 $192,840 Total assets $290,328 $321.075 Total liabilities and owners' equity $290,328 $321.075 TIGER GOLF CORR 2016 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (359) Net income Dividends $20,000 Retained earnings 16,475 $305,830 210,935 26,850 $ 68,045 11.930 $ 56,115 19,640 $ 38,475 n. Return on equity 27. Du Pont Identity (LO3] Construct the Du Pont identity for Tiger Golf Corp. 28. Statement of Cash Flows [LO4] Prepare the 2015 statement of cash flows for Tiger Golf Corp. On Timer Golf Corp. has 25,000 shares of common stock Step by Step Solution
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