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At the end of 2018, the Zedo Company has $100,000 in accumulated depreciation and $120,000 in retained earnings. Sales Notes Payable Tax Rate Gross Fixed

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At the end of 2018, the Zedo Company has $100,000 in accumulated depreciation and $120,000 in retained earnings. Sales Notes Payable Tax Rate Gross Fixed Assets Total Current Liabilities Interest Expense Cash Accounts Payable Total Current Assets Total Liabilities Net Income Accounts Receivable Dividends Operating Expenses before Depreciation/Amortization 2019 $600,000 45,000 40% $800,000 330,000 30,000 20,000 190,000 340,000 400,000 24,000 140,000 14,000 70% of sales 2020 $700,000 75,000 40% $1,000,000 290,000 40,000 30,000 160,000 320,000 380,000 48,000 160,000 18,000 70% of sales Complete the Income Statement and Balance Sheet Complete the Statement of Cash Flows Address the ratios on the following pages

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