Question
Match the numbers to the accounts on the below scrambled income statement balance sheet. Numbers are to the right of the account. Thus Gross Profit
Match the numbers to the accounts on the below scrambled income statement balance sheet. Numbers are to the right of the account. Thus Gross Profit 2,313 means Gross Profit = $2313. Other Long Term Assets _________ ; Restructuring Charges ________ ; Dividends _________ ; Total Long Term Liabilities ________ ; Inventories ________ ; Net Sales _________ ; Tax Expense_______ ; Short-Term Portion of Borrowings, Net _________ ; Total Liabilities and Stockholders Equity _________ ; Accumulated Other Comprehensive Loss, net of tax (an Equity account) _________ ; Gross Profit 2,313 ; Other Long Term Liabilities 181 ; Stores and Distribution Expense 1,703 ; Cost of Goods Sold 1,455 ; Paid-In Capital 434 ; Retained Earnings 2,550 ; Total Stockholders Equity 1,389 ; Income Before Taxes 99 ; Accounts Payable 141 ; Accrued Expenses 282 ; Net Income 65 ; Marketing, General and Administrative Expense 458 ; Change in Retained Earnings 46 ; Cash and Equivalents 520 ; Receivables 52 ; Class A Common Stock 1 ; Deferred Income Taxes (Current Asset) 126 ; Depreciation 30 ; Other Current Assets 116 ; Total Current Assets 1,164 ; Property and Equipment, net 978 ; Total Current Liabilities 487 ; Long-Term Portion of Borrowings, Net 291 ; Operating Income 114 ; Interest Expense, Net 15 ; Total Assets 2,505 ; Short-Term Portion of Deferred Lease Credits (current liability) 35 ; Leasehold Financing Obligations (Long Term Liability) 51 ; Long-Term Portion of Deferred Lease Credits (Long Term Liability) 106 Question 21 options: Tax Expense Total Long Term Liabilities Net Sales Accumulated Other Comprehensive Loss, net of tax (an Equity account) Dividends Restructuring Charges Short-Term Portion of Borrowings, Net Total Liabilities and Stockholders Equity Inventories Other Long Term Assets 1. 363 2. 8 3. 19 4. 629 5. 350 6. 3768 7. 34 8. 29 9. 2505 10. -1596
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