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For the following income statement and balance sheet, fill in the missing information for the calendar year ending December 31 (All assets, liabilities and equity
For the following income statement and balance sheet, fill in the missing information for the calendar year ending December 31 (All assets, liabilities and equity items are as of the end of the year). Omit use of dollar signs and commas (state as whole number; i.e. 250000) Sales Current Assets 160,000 COGS 250,000 Non-Current Assets Gross Profit Total Assets Expenses 350,000 Current Liabilities 65,000 EBIT Long-Term Liabilities Interest Expense 10,000 Total Liabilities 180,000 EBT CS and Capital in Excess of Par 300,000 Tax Expense (25%) 30,000 Retained Earnings Net Income Total Stockholder Equity 150,000 Retained Earnings (Jan 1) Dividend Declared 25,000
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