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just answer the ( second ) ASAP plzzzzzzzzzzzz Group Project: Consider the following information for Alpha Contractors, Inc. 2019 $609,732 $28,233 2018 $494,729 S134,455 Assets
just answer the ( second ) ASAP plzzzzzzzzzzzz
Group Project: Consider the following information for Alpha Contractors, Inc. 2019 $609,732 $28,233 2018 $494,729 S134,455 Assets Current Assets Cash and equivalents Accounts receivable Employee receivables Inventories Prepaid expenses Total current assets Property, plant & equipment Land Buildings Leasehold improvements Furniture, fixtures & equipment Automobiles & trucks Shop tools & equipment 2019 2018 $319,979 $232,479 $1.094,291 $899,337 $5,739 $4,867 $26,461 $28,820 $20.747 $15094 $1,467,217 $1,180,597 Liabilities & Equity Current Liabilities Accounts payable Current maturities of long term debt Employee withholdings & payroll taxes Accrued liabilities Interest payable Total Current Liabilities Noncurrent Liabilities Long term debe Total Liabilities Equity Common stock, $10 par value Additional paid in capital Retained earnings Total Stockholder Equity $6,939 $60,082 $760 $705,746 $9,831 $57,600 $520 $697,135 $158,312 $864,058 $44.754 $741,889 $43,551 $43,551 $80,046 $80,046 $8.748 $8,748 $27,550 $26,944 $175,626 $154,165 $177,289 $169,919 $512,810 $493,372 ($280.497) ($257.737) $232,313 $225,636 $1,699,530 $1,406,233 $5,700 $51,754 $778.012 $835,472 $2,850 $24,604 S636.890 $664,344 Less: Accumulated depreciation Net property, plant and equipment Total Assets Total Liabilities & Equity $1,699,530 $1,406,233 Income Statement Net Sales Cost of goods sold Gross profit 2019 $5,834,171 $5,242,891 $591,280 2018 $4,159,783 $3,978,145 $181,638 Operating Expenses Selling, general and administrative Interest Depreciation Expense Total Operating Expenses $246,745 $25,765 $22,760 $295,270 $205,311 $17.686 $22,760 $245,757 Operating Income (Loss) Tax Expense Net Income (Loss) $296,010 $118,404.00 $177,606 ($64,119) ($17,866,50) ($29,778) 21 WAN BRICK'S ORIGINAL NOTES First: Construct Sources and Uses Statement for Alpha Contractors. Note that not only was there an increase in long term fixed assets and working capital (Uses) but there was an increase amount of long term debt and equity (Sources). Dividends were also paid (Uses). Second: Compute the 22 Financial Ratios listed in these notes for 2019. Note, current maturities of long term debt is notes payable. The change of current maturities from 2018 to 2019 is the principal paid in 2019. Group Project: Consider the following information for Alpha Contractors, Inc. 2019 $609,732 $28,233 2018 $494,729 S134,455 Assets Current Assets Cash and equivalents Accounts receivable Employee receivables Inventories Prepaid expenses Total current assets Property, plant & equipment Land Buildings Leasehold improvements Furniture, fixtures & equipment Automobiles & trucks Shop tools & equipment 2019 2018 $319,979 $232,479 $1.094,291 $899,337 $5,739 $4,867 $26,461 $28,820 $20.747 $15094 $1,467,217 $1,180,597 Liabilities & Equity Current Liabilities Accounts payable Current maturities of long term debt Employee withholdings & payroll taxes Accrued liabilities Interest payable Total Current Liabilities Noncurrent Liabilities Long term debe Total Liabilities Equity Common stock, $10 par value Additional paid in capital Retained earnings Total Stockholder Equity $6,939 $60,082 $760 $705,746 $9,831 $57,600 $520 $697,135 $158,312 $864,058 $44.754 $741,889 $43,551 $43,551 $80,046 $80,046 $8.748 $8,748 $27,550 $26,944 $175,626 $154,165 $177,289 $169,919 $512,810 $493,372 ($280.497) ($257.737) $232,313 $225,636 $1,699,530 $1,406,233 $5,700 $51,754 $778.012 $835,472 $2,850 $24,604 S636.890 $664,344 Less: Accumulated depreciation Net property, plant and equipment Total Assets Total Liabilities & Equity $1,699,530 $1,406,233 Income Statement Net Sales Cost of goods sold Gross profit 2019 $5,834,171 $5,242,891 $591,280 2018 $4,159,783 $3,978,145 $181,638 Operating Expenses Selling, general and administrative Interest Depreciation Expense Total Operating Expenses $246,745 $25,765 $22,760 $295,270 $205,311 $17.686 $22,760 $245,757 Operating Income (Loss) Tax Expense Net Income (Loss) $296,010 $118,404.00 $177,606 ($64,119) ($17,866,50) ($29,778) 21 WAN BRICK'S ORIGINAL NOTES First: Construct Sources and Uses Statement for Alpha Contractors. Note that not only was there an increase in long term fixed assets and working capital (Uses) but there was an increase amount of long term debt and equity (Sources). Dividends were also paid (Uses). Second: Compute the 22 Financial Ratios listed in these notes for 2019. Note, current maturities of long term debt is notes payable. The change of current maturities from 2018 to 2019 is the principal paid in 2019Step by Step Solution
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