Question
Following are some data from the financial records of Pasarap Co: 200B 200A Sales 500,000 375,000 Common Stock 125,000 Retained Earnings 105,000 Dividend Payout Ratio
Following are some data from the financial records of Pasarap Co:
200B
200A
Sales
500,000
375,000
Common Stock
125,000
Retained Earnings
105,000
Dividend Payout Ratio
40%
After tax Profit
4% of sales
Cash
12% of Sales
Accounts Receivable
18% of Sales
Inventory
30% of Sales
Fixed Asset, net
40% of Sales
Accounts Payable
20% of Sales
Accruals
5% of Sales
A.How much is the Retained Earnings balance as of the end of 200B?
B.How much is the company's total assets as of the end of 200B?
C.How much was the company's long term debt as of the end of 200B?
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