its a comparitive balance sheet XW is the right side
Glven is the Income Statement for the year ended December 31, 20XX, Statement of Retained Earnings for the year ended December 31, 20XX and Comparative Balance Sheets for 20XW and 20XX of Maris Corporation: Maris Corporation Income Statement Year Ended December 31, 20XX Sales Cost of goods sold 1:18:41 $5,600,000 3,800,000 1,800,000 720,000 240,000 Gross profits Selling and administrative expense Amortization expense Operating income Interest expense Earnings before taxes Taxen 840,000 51,000 789,000 480,000 Earnings after taxes 309,000 Preferred stock dividendo 25,000 Earnings available to common shareholders $ 284,000 Shares outstanding Earnings per share 142,000 statement OL Retaineu barnings For the Year Ended December 31, 20xx Retained earnings, balance, January 1, 20XX Add: Earnings available to common shareholders, 20xx Deduct: Cash dividends declared and paid in 20XX $900,000 284,000 150,000 Retained earnings, balance, December 31, 20XX $1,034,000 Comparative Balance Sheets For 20xx and 20XW December 31, 20xx Assets Current assets: Cash $120,000 Accounts receivable (net) 530,000 Inventory 500,000 Prepaid expenses 25,000 Total current assets 1,175,000 Investments (long-term securities) 120,000 Plant and equipment 2,600,000 Less: Accumulated depreciation 1,006,000 Net plant and equipment 1,594,000 $2,889,000 Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Notes payable Accrued expenses Total current liabilities Long-term liabilities: $493,000 500,000 52.000 1,045,000 01:17:27 Comparative Balance Sheets For 20xx and 20xw December 31, 20xx Assets Current assets $120,000 Cash 530,000 Accounts receivable (net) 500,000 Inventory 25,000 Prepaid expenses Total current assets 1,175,000 Investments (long-term securitien) 120,000 Plant and equipment 2,600,000 Less: Accumulated depreciation 1,006,000 Net plant and equipment 1,594,000 Total assets $2,889,000 Liabilities and Shareholders' Equity Current liabilities Accounts payable Notes payable $493,000 Recrued expenses 500,000 52,000 Total current liabilities Long-term Habilities: 1,045,000 Bonds payable, 20xY I 180,000 Total liabilities Shareholders' equity. 1,225,000 Pretorted stock Common stock Retained earnings 130,000 500,000 1.034,000 Total shareholders' equity MARIS CORPORATION Statement of Cash Flows For the Year Ended December 31, 20XX Operating Activities : Net income Add items not requiring an outlay of cash: (Click to select) Cash flow from operations (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Net Change in non-cash working capital Cash (Click to select) operating activities Investing activities: (Click to select) (Click to select) Cash Click to select) Investing activities Financing activities: (Click to select) (Click to select) (Click to select) Canh (Click to select) financing activit Net Change in non-cash working capital Cash (Click to select) operating activities Investing activities: (Click to select) (Click to select) Cash (Click to select) Investing activities Financing activities: (Click to select) (Click to select) (Click to select) Cash Click to select) financing activities Net increase in cash Cash, beginning of year Cash, end of year = we are? 2 Unit 02 Saved Help For 20xx and 20XW December 31, 20xx December 1 Assets Current assets Cash Accounts receivable (net) Inventory Prepaid expenses $120,000 530,000 500,000 25,000 $100,000 518,000 477.000 50.000 00:24:00 1,175.000 120,000 1,148,000 125,000 Total current assets Investments (long-term securities) Plant and equipment Less: Accumulated depreciation Net plant and equipment 2,600,000 1,006,000 2,000,000 766,000 1,594,000 1,234,000 Total assets $2,889,000 $2,507.000 Liabilities and shareholders' Equity Current liabilities: Accounts payable Notas payable Accrued expenses $493,000 500.000 52.000 $305,000 500,000 72,000 1.045,000 77.000 Total current liabilities Long-term liabilities: Bonds payable, 20XY 180,000 100,000 1,225,000 977.000 Total liabilities Shareholders' equity. Preferred stock Camon stock Retained earnings 130,000 500,000 1,034.000 130,000 500,000 900.000 Total shareholders' equity 1.664,000 1.530,000 Total liabilities and shareholders' equity $2,889,000 $2,507.000 WC Prey 1 of 9 Next >
