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Company A provides the following information at the end of its current year: Sales revenue earned during the year Dividends declared and paid during the
Company A provides the following information at the end of its current year: Sales revenue earned during the year Dividends declared and paid during the year Capital contributions received from shareholders during prior years Capital contributions received from shareholders during the current year Cost of delivery van purchased at end of year; expected to last six years Cost of research expenditures sustained during the year Accounts receivable from customers Loan borrowed from bank that is due in two years Cost of equipment purchased in prior years, expected to last four more years Salary earned by employees during the year Retained earnings at beginning of year Retained earnings at end of year Cost of rent used up during the year Income taxes paid during the year attributable to income earned during the year Cost of inventory still on hand at end of year Cash remaining at end of year Salaries owed to employees at end of year Cost of inventory sold during the year Inventory purchases that are still unpaid and owed to suppliers at end of year 105,000 3,300 32,000 8,500 3,100 16,200 34,200 11,000 2,000 44,000 4,100 ??? 600 4,400 36,000 8,300 3,500 26,700 14,700 . Required: Using this information, prepare (1) a classified balance sheet, (2) an unclassified income statement, and (3) a statement of stockholders' equity for Company A. After preparing these reports, calculate (4) debt-equity ratio and (5) gross profit margin
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