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Cadux Candy Company s income statement for the year ended December 3 1 , 2 0 2 4 , reported interest expense of $ 1
Cadux Candy Companys income statement for the year ended December reported interest expense of $ million and Required:
Prepare a December balance sheet for the Cadux Candy Company.
Note: Enter your answers in millions. Round your intermediate calculations and final answer to the nearest whole million.
income tax expense of $ million. Current assets listed in its balance sheet include cash, accounts receivable, and inventory.
Property, plant, and equipment is the company's only noncurrent asset. Financial ratios for are listed below. Profitability and
turnover ratios with balance sheet items in the denominator were calculated using yearend balances rather than averages.
Required:
Prepare a December balance sheet for the Cadux Candy Company.
Note: Enter your answers in millions. Round your intermediate calculations and final answer to the nearest whole million.
Property, plant, and equipment net
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