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a)what is the entry for the current year's operating expense on a common-sized income statement? b)what is the current years cash balance ? c)what is
a)what is the entry for the current year's operating expense on a common-sized income statement?
Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? 222 Common Stock @ par value 37.600 42,000 COGS 131 400 173,975.00 Depreciation expense 21.600 23.120.00 Interest expense 16,200 16,945.00 Inventories 111.600 115.200 Long-term debt 135.000 139.720 00 Net foed assets 375.478.00 399 600 Notes payable 59.400 64 800 Operating expenses excl dep 50 400 60.76500 Belainen Accounts receivable 115,200 122.400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ??? Common Stock @ par value 37,600 42,000 COGS 131.400 173,975.00 Depreciation expense 21,600 23,120.00 Interest expense 16,200 16.945,00 Inventories 111,600 115,200 Long-term debt 135,000 139.720.00 Net fixed assets 375,478.00 399.600 Notes payable 59 400 64.800 Operating expenses (excl. depr 50.400 60.765.00 Retained earnings 122.400 136.800 Sales 255.600 338.894.00 Tales 9.900 18.880.00 b)what is the current years cash balance ?
c)what is the current years return on assets ( ROA)?
d)what is the current years return on equity (ROE)?
e) What is the current years entry for long-term debt on a common-sized balance sheet ?
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