IXA Chap 10 quiz question 2

Format for balance sheet

Requirements 1. Prepare Hawk's classified balance sheet in the account format at December 31, 2018. 2. Use a DuPont Analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2018. i Data Table Cash .......$ $ 16,000 * 361,000 Accounts receivable, net........ Paid-in capital in excess of par-common ...... Accrued liabilities 46,000 25,000 22,000 29,000 95,000 97,000 10,000 ? 141,000 6,000 13,000 Long-term note payable Inventory Dividends payable Retained earnings Accounts payable ...... Trademarks, net.......... Goodwill 110,000 15,000 Interest expense .... ........$ Property, plant and equipment, net....... Common stock, $1 par, 500,000 shares authorized, 110,000 shares issued Prepaid expenses Common stockholders' equity, December 31, 2017 Net income Total assets, December 31, 2017 ......... Treasury stock, 25,000 shares at cost Net sales ... 223,000 20,000 496,000 ......... 34,000 975,000 Assets Liabilities Stockholders' Equity shares shares shares shares Total assets Total liabilities and stockholders' equity