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can you please solve all these 2. On which of the four major financial statements (balance sheet, income statement, statement of cash flows, or statement

can you please solve all these image text in transcribed
2. On which of the four major financial statements (balance sheet, income statement, statement of cash flows, or statement of retained earnings) would you find the following items? a. earnings before taxes b. net plant and equipment c. increase in fixed assets d. gross profits e. balance of retained earnings, December 31, 20xx f. common stock and paid-in surplus g. net cash flow from investing activities h. accrued wages and taxes i. increase in inventory 10. How does the payment of interest on debt affect the amount of taxes the firm must pay? 13. Which of the following activities result in an increase (decrease) in a firm's cash? a. Decrease fixed assets b. Decrease accounts payable c. Pay dividends d. Sell common stock e. Decrease accounts receivable f. Increase notes payable 2-4 The Fitness Studio, Inc.'s 2018 income statement lists the following income and expenses: EBIT = $773,500, interest expense = $100,000, and taxes = $234,500. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding Calculate the 2018 earnings per share

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