Question
Iris Income Statement Cost of Goods Sold 310 Depreciation Expense 35 Interest Expense 20 Operating Expense (Excluding Depreciation) 115 Sales 570 What was Iris Inc's
Iris Income Statement
Cost of Goods Sold 310
Depreciation Expense 35
Interest Expense 20
Operating Expense (Excluding Depreciation) 115
Sales 570
What was Iris Inc's earnings before interest and taxes. (EBIT)
Iris Balance Sheet
Accounts Payable and Accruals 65
Accounts Receivable 56
Accumulated Depreciation (175)
Cash 28
Common Stock 120
Fixed Assets 390
Inventory 123
Long-Term debt 200
Retained Earnings 65
What is Iris Total Assets?
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
