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f Table 3 Snark Enterprises, Inc Balance Sheets 2011 Cash $1,000 Accounts receivable 8,000 Inventories 4,000 Land 10,000 Other fixed assets 5,000 Accumulated depreciation (1,600)
f Table 3 Snark Enterprises, Inc Balance Sheets 2011 Cash $1,000 Accounts receivable 8,000 Inventories 4,000 Land 10,000 Other fixed assets 5,000 Accumulated depreciation (1,600) Total assets $ 26,400 Accounts payable $4,200 Bonds 4,000 Common stock 15,000 Retained eamings 3,200 Total debt and equity $26,400 2012 $? 9,000 7,000 10,000 5,500 (2.000) $? $7,000 4,000 16,000 3,800 $? Snark Enterprises, Inc. Income Statement Sales $44,900 Cost of goods sold (22.000 Gross profit $12,900 Operating expenses (10,000) Depreciation (400) EBIT $2,500 Interest expense (500) EBT $2,000 Taxes (1.000) Net Income $1,000 Based on the information contained in Table 3, what was the total amo stock dividend for 2012? Select one perating expenses Depreciation EBIT Interest expense EBT Taxes Net Income (10,000) (400) $2500 (500) $2,000 (1.000 $1,000 Based on the information contained in Table 3, what was the total amount of Snark Enterprise's common stock dividend for 2012? Select one: a. Cannot be determined with available information b. $400 c. $600 d. $0 Next page
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