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Given the following financial statements for Honest Joe. Honest Joe paid a cash dividend in 2010. What is the company's finan for 2010? Do not
Given the following financial statements for Honest Joe. Honest Joe paid a cash dividend in 2010. What is the company's finan for 2010? Do not use an commas, periods or signs) Income Statement Balance Sheet 12/31/2010 12/31/2009 Year Ended 12/31/10 Sales $1,100,000 Current Assets $50,000 $44,000 Cost of Goods Sold 700,000 Gross Fixed Assets 880,000 700,000 Operating Expenses 200,000 350,000 Less Accumulated Depreciation 450,000 Depreciation Expense 100,000 Fixed Assets 530,000 350.000 100,000 Total Assets $580,000 $394,000 Interest Expense 50,000 EBT 150,000 Current Liabilities $35,000 $50,000 Taxes 82,000 Long-term Debt 430,000 270,000 Net Income $68,000 Common Stock 5,000 4,000 Retained Earnings 110,000 70,000 Total Liabilities & Equity $580,000 $394,000 Given the following financial statements for Honest Joe. Honest Joe paid a cash dividend in 2010. What is the company's finan for 2010? Do not use an commas, periods or signs) Income Statement Balance Sheet 12/31/2010 12/31/2009 Year Ended 12/31/10 Sales $1,100,000 Current Assets $50,000 $44,000 Cost of Goods Sold 700,000 Gross Fixed Assets 880,000 700,000 Operating Expenses 200,000 350,000 Less Accumulated Depreciation 450,000 Depreciation Expense 100,000 Fixed Assets 530,000 350.000 100,000 Total Assets $580,000 $394,000 Interest Expense 50,000 EBT 150,000 Current Liabilities $35,000 $50,000 Taxes 82,000 Long-term Debt 430,000 270,000 Net Income $68,000 Common Stock 5,000 4,000 Retained Earnings 110,000 70,000 Total Liabilities & Equity $580,000 $394,000
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