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i need this values calculations and answers part part with detail. i want to learn this questions thank you all CALCULATIONS / ANSWERS COMPANY X
i need this values calculations and answers part part with detail. i want to learn this questions thank you all
CALCULATIONS / ANSWERS
COMPANY X - INCOME STATEMENT - As of Dec.31, 2019 Net Sales 900.000 COGS (cost of goods sold) 530.000 Selling Expenses | 117.000 General Expenses 126.000 52.000 Net Income COMPANY X - BALANCE SHEET - As of Dec.31, 2019 Current Assets Cash Accounts Receivable (Beginning balance $ 86.000) Inventory (Beginning balance $ 120.000) Prepaid Expenses Property & Equipment Accrued Expenses Accounts Payable Loans Payable 38.000 117.000 180.000 55.000 560.000 46.000 66.000 200.000 Fixed Assets Current Liabilities Long-Term Liabilities Stockholders' Equity 1 Debt to Equity 1 Accounts Receivable Turnover Inventory Turnover RatioStep by Step Solution
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