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Item Prior year Current year Accounts payable 8,115.00 7,807.00 Accounts receivable 6,075.00 6,725.00 Accruals 1,003.00 1,659.00 Cash ??? ??? Common Stock 11,923.00 11,485.00 COGS 12,794.00
Item Prior year Current year Accounts payable 8,115.00 7,807.00 Accounts receivable 6,075.00 6,725.00 Accruals 1,003.00 1,659.00 Cash ??? ??? Common Stock 11,923.00 11,485.00 COGS 12,794.00 18,011.00 Current portion long-term debt 4,900.00 4,974.00 Depreciation expense 2,500 2,850.00 Interest expense 733 417 Inventories 4,218.00 4,777.00 Long-term debt 14,329.00 14,038.00 Net fixed assets 50,507.00 54,080.00 Notes payable 4,312.00 9,965.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,274.00 30,469.00 Sales 35,119 46,905.00 Taxes 2,084 2,775
What is the firm's net income in the current year?
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Item | Prior year | Current year |
Accounts payable | 8,115.00 | 7,807.00 |
Accounts receivable | 6,075.00 | 6,725.00 |
Accruals | 1,003.00 | 1,659.00 |
Cash | ??? | ??? |
Common Stock | 11,923.00 | 11,485.00 |
COGS | 12,794.00 | 18,011.00 |
Current portion long-term debt | 4,900.00 | 4,974.00 |
Depreciation expense | 2,500 | 2,850.00 |
Interest expense | 733 | 417 |
Inventories | 4,218.00 | 4,777.00 |
Long-term debt | 14,329.00 | 14,038.00 |
Net fixed assets | 50,507.00 | 54,080.00 |
Notes payable | 4,312.00 | 9,965.00 |
Operating expenses (excl. depr.) | 13,977 | 18,172 |
Retained earnings | 28,274.00 | 30,469.00 |
Sales | 35,119 | 46,905.00 |
Taxes | 2,084 | 2,775 |
What is the firm's net income in the current year?
Submit
Answer format: Number: Round to: 0 decimal places.
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