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Blackboard X Remaining Time: 1 hour, 18 minutes, 54 seconds. Question Completion Status: mormation for Tamirez Corp. is given below. Assets Q Cash Accounts receivable
Blackboard X Remaining Time: 1 hour, 18 minutes, 54 seconds. Question Completion Status: mormation for Tamirez Corp. is given below. Assets Q Cash Accounts receivable (net) Inventories Plant and equipment, net of depreciation Patents Other intangible assets Total Assets Net Sales Cost of goods sold Gross Profit $ 300,000 1,950,000 2,439,000 1,983,000 261,000 75,000 $7,008,000 Ramirez Corp. Balance Sheet 12/31/2021 Accounts Payable Income Taxes payable Miscellaneous taxes payable Bonds payable (8%, due 2023) Prefrered stock ($100 par, 6% cumulative nonparticipatimg) Common stock (no par, 60,000 shares authorized, issues and outstanding) Retained earnings Teeasury stock-1,500 shares of preferred Ramirez Corp. Income Statement Year Ended December 31, 2021 Operating expenses (including bond interest exeoense Income before incomer taxes Income tax Net income Equities Total Equitires $ 9,000,000 6,000,000 3,000,000 1,500,000 1,500,000 450,000 $1,050,000 mal information to no preferred duidends in arrears the balances in the Accounts Receivable and Inventory accounts are 630,000 189,000 225,000 1,875,000 750,000 1,125,000 2,439,000 (225,000) $ 7,008,000 hp Ramiroz Corp. income Statemeint Year Ended Docember 31, 2021 Assions intomation Them an no proloned ondends in arrears, the balances in the Accounts Receivable and Inventory accounts are acturyod tom danuary 1,2021, and there were no changes in the Bonds Payable, Preferred Stock, or Common Stock acrurs arne 2021 Acsime that peeferred dividends for the current year have not been declared Ae December 31, 2021, the current ratio was
Blackboard X Remaining Time: 1 hour, 18 minutes, 54 seconds. Question Completion Status: mormation for Tamirez Corp. is given below. Assets Q Cash Accounts receivable (net) Inventories Plant and equipment, net of depreciation Patents Other intangible assets Total Assets Net Sales Cost of goods sold Gross Profit $ 300,000 1,950,000 2,439,000 1,983,000 261,000 75,000 $7,008,000 Ramirez Corp. Balance Sheet 12/31/2021 Accounts Payable Income Taxes payable Miscellaneous taxes payable Bonds payable (8%, due 2023) Prefrered stock ($100 par, 6% cumulative nonparticipatimg) Common stock (no par, 60,000 shares authorized, issues and outstanding) Retained earnings Teeasury stock-1,500 shares of preferred Ramirez Corp. Income Statement Year Ended December 31, 2021 Operating expenses (including bond interest exeoense Income before incomer taxes Income tax Net income Equities Total Equitires $ 9,000,000 6,000,000 3,000,000 1,500,000 1,500,000 450,000 $1,050,000 mal information to no preferred duidends in arrears the balances in the Accounts Receivable and Inventory accounts are 630,000 189,000 225,000 1,875,000 750,000 1,125,000 2,439,000 (225,000) $ 7,008,000 hp
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