Hello! I am looking for some help with these 4 statement connection problems! thank you!
Use the starting balance sheet , income statement , and the list of changes to answer the question . : 0 Siam Traders Balance Sheet AS of December 31 , 2018 ( amounts in thousands ) Cash 38, 000| Liabilities 21, 000 Other Assets 25, 000| Equity 42, 000 Total Assets 63, 000| Total Liabilities & Equity 63, 000 Siam Traders Income Statement January 1 to March 31 , 2019 ( amounts in thousands ) Revenue 6, 700 Expenses 4, 200 Net Income 2, 500 Between January 1 and March 31 , 2019 : 1 . Cash decreases by $ 200 , 000 2 . Other Assets increase by $300 , 000 3 . Paid - In Capital does not change 4 . Dividends paid of $ 300 , 000* What is the value for Liabilities on March 31 , 2019 ?) Please specify your answer in the same units as the financial statements .Use the income statement and the list of changes to answer the question . Siam Traders Income Statement* January 1 to December 31 , 2018 ( amounts in thousands ) Revenue 7, 800 Cost of Goods Sold ( COGS ) 1 , 560 Gross Income 6 , 240 Sales , General , & Administrative Expenses ( SG &LA ) 780 Depreciation Expense 1 , 200 Other Expenses 300 Earnings Before Interest & Taxes ( EBIT ) 3, 960 Interest 60 Pre - Tax Income 3 , 900 Income Taxes 1 , 560 Net Income 2, 340 Between January 1 and December 31 , 2018 :1 1 . Accounts Receivable increase by $100 , 000 2 . Accounts Payable increase by $ 600 , 000 3 . Gross Property , Plant , & Equipment increase by $ 8 , 300 , 000 4 . Long Term Debt decreases by $ 700 , 000 Assume no other changes What is the Net Cash Flow ?* Please specify your answer in the same units as the income statement .Use the starting balance sheet and statement of cash ows to answer the question. Torche Corporation Balance Sheet As of December 31, 2018 (amounts in thousands) What is the value for Total Liabilities & Equity on March 31, 2019? Please specify your answer in the some units as the nancial statements. Cash 147,000 Accounts Payable 24,000 Accounts Receivable 48,000 Debt 37,000 Inventory 38,000 Other Liabilities 50,000 Property Plant 8 Equipment, Gross 218,000 Total Liabilities 111,000 Accumulated Depreciation 60,000 Paid-In Capital 60,000 Property Plant & Equipment, Net 158,000 Retained Earnings 229,000 Other Assets 9,000 Total Equity 289,000 Total Assets 400,000 Total Liabilities & Equity 400,000 Torche Corporation Statement of Cash Flows January 1 to March 31, 2019 (amounts in thousands) Net Income 8,500 Depreciation 2,000 Decrease (Increase) in Accounts Receivable (800) Decrease (Increase) in Inventory (300) Increase (Decrease) in Accounts Payable (400) Other Adjustments 0 Net Cash Flow from Operating Activities 9,000 Purchase of Property, Plant, & Equipment (5,400) Other Adjustments 0 Net Cash Flow from Investing Activities (5,400) Increase (Decrease) in Debt 100 Dividends (300) Other Adjustments 0 Net Cash Flow from Financing Activities (200) Net Cash Flow 3,400 Use the balance sheets and information provided about revenue and expenses to answer the question. Siam Traders Balance Sheet As of December 31, 2018 (amounts In thousands) Cash 91,000 Accounts Payable 19,000 Accounts Receivable 44,000 Debt 24,000 Inventory 48,000 Other Liabilities 6,000 Property Plant 3t Equipment, Gross 234,000 Total Liabilities 49,000 Accumulated Depreciation 78,000 Paid-In Capital 69,000 Property Plant & Equipment, Net 156,000 Retained Earnings 247,000 Other Meets 26,000 Total Equity 316,000 Total Assets 365,000 Total Liabilities & Equity 365,000 Siam Traders Balance Sheet As of March 31, 2019 (amounts In thousands) Cash 96,000 Accounts Payable 25,000 Accounts Receivable 45,000 Debt 23,300 Inventory 38,000 Other Liabilities -6,720 Property Plant 3t Equipment, Gross 234,000 Total Liabilities 41,580 Accumulated Depreciation 78,700 Paid-In Capital 69,000 Property Plant 81 Equipment, Net 155,300 Retained Earnings 248,720 Other Meets 25,000 Total Equity 317,720 Total Assets 359,300 Total Liabilities & Equity 359,300 Revenue and expenses information from January 1 to March 31, 2019 were: Sales Revenue of $9,600,000 COGS of 35% of Sales Interest of $160,000 Other Expenses of $400,000 568A of $1,920,000 Tax Rate of 34% What Is the net income In the rst quarter of 2019? Please specify your answer in the same units as the balance sheets and round your answer to the nearest integer