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Laiho Industries's 2 0 2 0 and 2 0 2 1 balance sheets ( in thousands of dollars ) are shown. Laiho Industries: Balance Sheets
Laiho Industries's and balance sheets in thousands of dollars are shown.
Laiho Industries: Balance Sheets as of December thousands of dollars
Cash $ $
Accounts receivable
Inventories
Total current assets $ $
Net fixed assets
Total assets $ $
Accounts payable $ $
Accruals
Notes payable
Total current liabilities $ $
Longterm debt
Total liabilities $ $
Common stock
Retained earnings
Total common equity $ $
Total liabilities and equity $ $
The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Enter your answers in thousands. For example, an answer of $ thousand should be entered as not Round your answers to the nearest whole number. Use a minus sign to enter negative values, if any.
Download spreadsheet Financial Statements, Cash Flow, and Taxesdbxlsx
Sales for were $ and EBITDA was of sales. Furthermore, depreciation and amortization were of net fixed assets, interest was $ the corporate tax rate was and Laiho pays of its net income as dividends. Given this information, construct the firm's income statement.
Laiho Industries: Income Statement for Year Ending December thousands of dollars
Sales $ fill
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