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Calculate the following based on the DuPont Model: Year One Cash $16,080 Accounts Receivable $9,500 Prepaid $3,150 Supplies $675 Equipment $25,200 Accumulated depreciation - equipment
Calculate the following based on the DuPont Model: Year One Cash $16,080 Accounts Receivable $9,500 Prepaid $3,150 Supplies $675 Equipment $25,200 Accumulated depreciation - equipment $8,150
Year Two Cash $20,000 Accounts receivable $15,000 Prepaid $1,175 Supplies $2,675 Equipment $89,057 Accumulated depreciation - equipment $36,800
Addl Year Two Data Equity equals $82,600 Net Sales $325,000 Net Income is $56,824
Also note that sales revenue and net sales are the same, and leave decimal to 2 places.
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