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Bo Know Profit Corporation 2018 Statement of comprehensive income ($ in millions) Sales Less: Costs Depreciation. EBIT Less: Interest EBT Less: Taxes Net Income Dividends
Bo Know Profit Corporation 2018 Statement of comprehensive income ($ in millions) Sales Less: Costs Depreciation. EBIT Less: Interest EBT Less: Taxes Net Income Dividends Addition to ret. Earnings Bo Know Profit Corporation 2017 and 2018 Statement of financial position ($ in millions) Cash Accounts rec. Inventory Current assets Fixed assets Total assets 2017 $170 500 1,240 1,910 2,000 $3,910 2018 $110 700 1,000 1,810 3,500 $5,310 $8,800 5,600 900 2,300 350 1,950 550 1,400 900 500 Accounts payable Notes payable Current liabilities Long-term debt Common stock (50 shares) Retained earnings Total liab. & equity 2017 $135 1,200 1,335 2,005 100 470 $3,910 2018 $120 1,400 1,520 2,620 200 970 $5,310 Time le
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