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Calculate the Gross profit, EBIT, and Net profit Assets Cash Accounts receivable Inventory Other current assets Total current assets Gross plant and equipment Less accumulated
Calculate the Gross profit, EBIT, and Net profit
Assets Cash Accounts receivable Inventory Other current assets Total current assets Gross plant and equipment Less accumulated depreciation Net plant and equipment Total assets 2009 $94.50 139.50 229.50 13.50 $ 477.00 1,669.50 (382.50) S1.287.00 S1.764.00 2010 $ 90.00 162.00 378.00 13.50 $ 643.50 1.845.00 (517.50) $1.327.50 S1.971.00 Liabilities and Owners' Equity 2009 Accounts payable $184.50 Accrued expenses 45.00 Short-term notes 63.00 Total current liabilities $ 292.50 Long-term debt 720,00 Total liabilities $1,012.50 Common stockholders' equity Common stock-par value 45.00 Paid in capital 324.00 Retained earnings 382.50 Total common stockholders' equity S751.50 Total liabilities and stockholders' equity S1.764.00 2010 $ 189.00 45.00 54.00 $288.00 771.75 $1,059.75 45.00 324.00 542.25 S 911.25 $1.971.00 Assets Cash Accounts receivable Inventory Other current assets Total current assets Gross plant and equipment Less accumulated depreciation Net plant and equipment Total assets 2009 $94.50 139.50 229.50 13.50 $ 477.00 1,669.50 (382.50) S1.287.00 S1.764.00 2010 $ 90.00 162.00 378.00 13.50 $ 643.50 1.845.00 (517.50) $1.327.50 S1.971.00 Liabilities and Owners' Equity 2009 Accounts payable $184.50 Accrued expenses 45.00 Short-term notes 63.00 Total current liabilities $ 292.50 Long-term debt 720,00 Total liabilities $1,012.50 Common stockholders' equity Common stock-par value 45.00 Paid in capital 324.00 Retained earnings 382.50 Total common stockholders' equity S751.50 Total liabilities and stockholders' equity S1.764.00 2010 $ 189.00 45.00 54.00 $288.00 771.75 $1,059.75 45.00 324.00 542.25 S 911.25 $1.971.00Step by Step Solution
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