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Income Statement Data Full Year (in 000s) Sales Revenues $200,000 Operating Profit 57,600 Net Interest 8,000 Net Income $34,720 Balance Sheet Data Total Current Assets
Income Statement Data | Full Year (in 000s) |
Sales Revenues | $200,000 |
Operating Profit | 57,600 |
Net Interest | 8,000 |
Net Income | $34,720 |
Balance Sheet Data | |
Total Current Assets | $70,000 |
Total Assets | 139,000 |
Total Current Liabilities | 26,000 |
L-T Debt (draw against credit line) | 23,000 |
Total Equity | 90,000 |
Other Financial Data | |
Depreciation | $16,000 |
Dividend payments | $9,000 |
Based on the above figures, the company |
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