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K car Co. Income Statement For the Year End December 31, 2013 2013 Net Revenues Cost of Goods Sold Gross Profit Operating Expenses Net Income

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K car Co. Income Statement For the Year End December 31, 2013 2013 Net Revenues Cost of Goods Sold Gross Profit Operating Expenses Net Income 50000023400026600018000086000 K car Co. Statement of Shareholders Equity For the Year End December 31, 2013 Retained Balance January 1, 2012 Stock Issuance \begin{tabular}{crr} Capital & Earnings & \multicolumn{1}{c}{ Total } \\ \hline 80000 & 65000 & 145000 \\ 10000 & & 10000 \end{tabular} Net Income Balance December 31,2013 Note: The number of shares outstanding in 2012 was: The number of shares outstanding in 2013 is: No dividends were issued in either year. Balance Sheet December 31, 2013 \begin{tabular}{lrr} \multicolumn{1}{c}{ Assets } & 2013 & 2012 \\ \cline { 2 - 3 } Current Assets & & \\ Cash & 13000 & 1000 \\ Acoounts Recievable & 26000 & 17000 \\ Inventory & 33000 & 27000 \\ Investment Fund & 10000 & 5000 \\ \cline { 2 - 3 } & 82000 & 60000 \\ Plant Property and Equipment & & \\ Truoks & 22000 & 25000 \\ Equipment & 30000 & 30000 \\ Land & 40000 & 40000 \\ Building & 70000 & 70000 \\ & 162000 & 165000 \\ Intangibles & & \\ Patents & & 230000 \\ \hline \end{tabular} Liabilities and Equity Current Liabilities \begin{tabular}{lrr} Salaries Payable & 20000 & 18000 \\ Acoounts Payable & 19000 & 22000 \\ Current Portion of Mortgage Payable & 3000 & 3000 \\ \cline { 2 - 3 } & 42000 & 43000 \end{tabular} Long Term Liabilities Mortgage payable Total Liabilities \begin{tabular}{rr} 20000 & 60000 \\ \hline 62000 & 103000 \\ \hline \end{tabular} Complete the following ratios for the 2013 fiscal year, write the ratio calculation below the ratio name then enter calculation in the blank cell beside. These are provided s starting in cell 03 : Current Patio

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