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Complete Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar. - Data
Complete Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar.
- Data Table 2019 2018 Income Statement (in Thousands) Revenues $k $ 16,275 Cost of goods sold 11,090 1,240 Other expenses 1,240 Income before income taxes 1,570 2,100 Income taxes (35%) 1 735 $ m $ b Net income Statement of Retained Earnings Beginning balance $ n $ 2,660 Net income o Print Done - Data Table Statement of Retained Earnings Beginning balance $ n $ 2,660 Net income o Dividends declared (94) (150) $p $ d Ending balance Balance Sheet Assets Cash $ 9 $ e Property, plant, and equipment 1,577 1,406 11,244 r Other assets $s $ 13,675 Total assets Print Done - Data Table Balance Sheet Assets Cash $9 $ e Property, plant, and equipment 1,577 1,406 11,244 r Other assets $ $ $ 13,675 Total assets Liabilities Current liabilities $t $ 5,600 Long-term debt 4,500 3,320 25 170 Other liabilities Total liabilities $ 9,500 $f Print Done - Data Table Liabilities Current liabilities $t $ 5,600 Long-term debt 4,500 3,320 25 170 Other liabilities Total liabilities $ 9,500 $f Stockholders' equity: Common stock $ 500 $ 500 Retained earnings u g 190 210 Other stockholders' equity V Total stockholders' equity 4,585 $ w $h Total liabilities and stockholders' equity Print Done - Data Table Retained earnings u 9 190 Other stockholders' equity 210 V Total stockholders' equity 4,585 $ w $ h Total liabilities and stockholders' equity Cash Flow Statement $ x $ 800 Net cash provided by operating activities Net cash used in investing activities (200) (610) (475) (530) Net cash used in financing activities Increase (decrease) in cash (170) i Cash at beginning of year 1,230 $ z Cash at end of year Print DoneStep by Step Solution
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