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Create the 2005 Income Statement, Balance Sheet and Statement of Retained Earnings Data 2005 Longterm debt 580 Common Stock 130 Retained Earning 2004 681 Accruals

Create the 2005 Income Statement, Balance Sheet and Statement of Retained Earnings

Data 2005
Longterm debt 580
Common Stock 130
Retained Earning 2004 681
Accruals 60
Cash 80
Notes Payable 30
Accounts Receivables 315
Inventories 415
Accounts Payable 130
Net fixed assets 870
Sales 2,850
Interest 60.00
COGS (Operating Expenses) 2,497.00
Corporate tax rate 40%
Dividends 53.00
Depreciation 90.00
Market price per share

$23

50.00

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