At year end 2002, Yung com had notes payable of $1200, accounts payable of $2400, and long term debt of $3000 Corresponding entries for 2003 are $1600, $2000, and $2800 Asset values are below During 2003, Yung com had sales of $4000, cost of goods sold of $400, depreciation of $100, and interest paid of $150 The (average) tax rate is 21 and all taxes are paid currently The company has 100 shares of common stock outstanding at the end of 2003 Total dividends paid is $120 in 2003 Current Asset 2002 2003 Cash $800 $500 Marketable securities 400 300 Accounts receivable 900 800 Inventory 1800 2000 Fixed Assets Net Fixed Asset (Plant Equipment) $6000 $8000 In 2003, the (addition to) Retained Earnings is $ At year end 2002, Yung com had notes payable of $1200, accounts payable of $2400, and long term debt of $3000 Corresponding entries for 2003 are $1600, $2000, and $2800 Asset values are below During 2003, Yung com had sales of $4000, cost of goods sold of $400, depreciation of $100, and interest paid of $150 The (average) tax rate is 21 and all taxes are paid currently The company has 100 shares of common stock outstanding at the end of 2003 Total dividends paid is $120 in 2003 Current Asset 2002 2003 Cash $800 $500 Marketable securities 400 300 Accounts receivable 900 800 Inventory 1800 2000 Fixed Assets $6000 $8000 Net Fixed Asset (Plant Equipment) In 2003, the (addition to) Retained Earnings is $

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At year-end 2002, Yung.com had notes payable of $1200, accounts payable of $2400, and long-term debt of $3000. Corresponding entries for 2003 are $1600, $2000,

At year-end 2002, Yung.com had notes payable of $1200, accounts payable of $2400, and long-term debt of $3000. Corresponding entries for 2003 are $1600, $2000, and $2800. Asset values are below. During 2003, Yung.com had sales of $4000, cost of goods sold of $400, depreciation of $100, and interest paid of $150. The (average) tax rate is 21% and all taxes are paid currently. The company has 100 shares of common stock outstanding at the end of 2003. Total dividends paid is $120 in 2003. Current Asset 2002 2003 Cash $800 $500 Marketable securities 400 300 Accounts receivable 900 800 Inventory 1800 2000 Fixed Assets Net Fixed Asset (Plant&Equipment) $6000 $8000 In 2003, the (addition to) Retained Earnings is $

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At year-end 2002, Yung.com had notes payable of $1200, accounts payable of $2400, and long-term debt of $3000. Corresponding entries for 2003 are $1600, $2000, and $2800. Asset values are below. During 2003, Yung.com had sales of $4000, cost of goods sold of $400, depreciation of $100, and interest paid of $150. The (average) tax rate is 21% and all taxes are paid currently. The company has 100 shares of common stock outstanding at the end of 2003. Total dividends paid is $120 in 2003. Current Asset 2002 2003 Cash $800 $500 Marketable securities 400 300 Accounts receivable 900 800 Inventory 1800 2000 Fixed Assets $6000 $8000 Net Fixed Asset (Plant&Equipment) In 2003, the (addition to) Retained Earnings is $