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date table is down below all the information given is there. Summarized versions of Burritos Corporation's financial statements for two recent years are as follows.
date table is down below all the information given is there.
Summarized versions of Burritos Corporation's financial statements for two recent years are as follows. Click the icon to view the financial statements) Requirement 1. Complete Burritos Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar. (Round the tax calculation to the nearest thousand dollars. Use parentheses or a minus sign when entering a not decrease in cash 2019 2018 in Thousands) Income Statement 14.500 5 11070 1.220 1230 1.510 1850 548 Revenues Cost of goods sold Omer expenses Income before income taxes Income taxes (5) Net income Statement of Retained Earnings Beginning balance Net income Dividends $ 2660 190) 160) Ending balance Balance Sheet Assets Cash Property, plant and equipment Other assets 1557 11.691 14292 4.450 5.600 3,410 1.170 1.025 5 9.300 200 200 120 110 Total assets Liabilities Current liabilities Long-term debt Other liabilities Total labios Stockholders' equity Common stock Retained earnings Other stockholders equity Total stockholders' equilty Total liabilities and stockholders equity Cash Flow Statement Net cash provided by operating activities Net cash used in investing activities Net cash used in financing activities Increase (decrease in cash Cash at beginning of year Cash at end of year 4.112 (290) (530) 925 350) (530) (130) 1200 Data Table Income Statement Revenues Cost of goods sold Other expenses Income before income taxes 2019 2018 (in Thousands) SK $ 14,500 11.070 1.220 1.230 a 1.510 1 1.850 648 Sm Sb $n$ 2.660 C (90) (60) 5p 50 59 so 1557 1,356 11.691 $s $14.292 $15 Income taxes (35%) Net Income Statement of Retained Earnings Beginning balance Not income Dividends declared Ending balance Balance Sheet Assets Cash Property, plant, and equipment Other assets Total assets Liabilities Current liabilities Long-term debit Other liabilities Total liabilities Stockholders' equity Common stock Retained earnings Other stockholders' equity Total stockholders' equity Total Habilities and stockholders' equity Cash Flow Statement Not cash provided by operating activities Net cash used in investing activities Net cash used in financing activises Increase (decrease in cash Cash at beginning of year 4.450 1.025 5.000 3.410 1.170 $ 9.300 $1 $ 200 200 $ u 120 9 110 4,112 V Sw Sh 925 $X $ (290) (530) (130) (350) (530) 1.200 $z Cash at end of year Step by Step Solution
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