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I really just want to know how to work the solution out. I have basic understanding I know a) is 225 I believe b) is
I really just want to know how to work the solution out. I have basic understanding I know a) is 225 I believe b) is 800,000 Think C) is 500,000. Not really sure
Balance sheet American Guanabana Farms As of December 31, 2018 cash ?a Bank loan 125,000 Land mortgage Account receivable 225,000 250,000 Marketable securities Equipment loan Total liabilities /debt 100,000 125,000 current /Short term 550,000 ?e asset Preferred Equity land 750,000 75,000 Equipment depreciation 250,000 ?b 200,000 Net equipment Stockholder Equity Goodwill 500,000 ?f Non current /long term ?c asset Total asset ?d Total Liabilities ?g INCOME STATEMENT American Guanabana Farms For the year ending December 31, 2019 3,000,000 SALES Cost of good sold ?h Operating profits Expenses 1,950,000 450,000 ?i EBIT What is the interest rate that ALPHA is paying? Interest 40,000 ?j EBT Taxes (Alpha pays a 25% rate) ?k 21 NET INCOME
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