FARA COMPANY STATEMENT OF FINANCIAL POSITION As of December 31, 20CY ASSETS Current Assets: Cuth Marketable Securities 50.000 Accounts Receivable, net Inventory Non-cement Aucta Plant and Equipment, net Total Assures LIABILITIES AND BOUNTY Current Lubilinice Noncurrent Lishilyirs Borch Payable, 12.9% Toral Liabilities Equity Common Stock Retained Farnings 500,000 300 0 800/000 Toul Liabilities and Equity FARA COMPANY COMPREHENSIVE INCOME STATEMENT For the Year Ended December 31, 20CY Net Sales Cost of Clouds Sold Gross Margin on Sales 525.000 Operating Expenses Operating Income Infencer Expener Net Income before Takes Income Tax (ON Tax Ratei Net Income Additional Information: L. Operating expenses were 15%% of net sales. 2. Acid-test ratio was 1.3 : 1 3. Times internet earned was & times. 4. Gross Margin was 35% of net sales. The age of receivables was 36 days. 6. The beginning accounts receivable was 160,000, Use 360-day year. 7. Inventory mumover was 4 times. The beginning inventory amounted to 250,000. Total debt to stockholders' equity was .8 : I. Your