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begin{tabular}{lr} hline Sales & $550,000 Accumulated depreciation & 190,000 Cash & ? Cost of goods sold & 320,000 Accounts receivable &

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\begin{tabular}{lr} \hline Sales & $550,000 \\ Accumulated depreciation & 190,000 \\ Cash & ? \\ Cost of goods sold & 320,000 \\ Accounts receivable & 73,000 \\ Depreciation expenses & 38,000 \\ Accounts payable & 65,000 \\ Interest expense & 26,000 \\ Short-term notes payable & 29,000 \\ Income taxes & 59,850 \\ Inventories & 47,000 \\ Marketing, general, and administrative expenses & 45,000 \\ Gross fixed assets & 648,000 \\ Long-Term debt & 360,000 \\ Common stock & 120,000 \\ Other assets & 15,000 \\ Retained earnings & 138,500 \\ In addition, the firm has 10,000 shares outstanding and paid \\ \$15,000 in common stock dividends during the year. \end{tabular} Income Statement Gross profits Total operating expenses Operating income (EBIT) $ Earnings before taxes Earnings before taxes Net income Number of common shares outstanding Earnings per share (Round to the nearest cent) Dividends paid to stockholders Dividends per share (Round to the nearest cent) Balance Sheet LIABILITIES AND EQUITY Liabilities Total current liabilities Total liabilities Common equity $ Common equity Total common equity Total liabilities and equity $ Balance Sheet (Cont'd) ASSETS Total current assets Net fixed assets Total assets The net working capital is $. (Round to the nearest dollar.) The debt ratio is %. (Round to one decimal place.)

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