mid Fall 2020 3101 Section 007 Save Homework: P2 (Financial Statements) Score: 0 of 1 pt 7 of 8 (2 complete) HW Score: 18.75%, 1.5 of 8... Question Help What are the net P2-10 (similar to) Fixed assets. Use the data from the following financial statements in the popup window, fixed assets for the years 2016 and 2017? The net fixed assets for the year 2016 is $] (Round to the nearest dollar) na th Enter your answer in the answer box and then click Check Answer part remaining Clear All Check Answer Score: 0 of 1 pt Question Help -2-10 (similar to Data Table Partial Income Statement Year Ending 2017 Sales revenue $350,000 Cost of goods sold $141,900 Fixed costs $42,900 Selling, general, and administrative expenses $27.900 Depreciation $46,100 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,100 Notes payable Accounts receivable $27,900 Accounts payable Inventories $48,100 Long-term debt Fixed assets $368.200 OWNERS' EQUITY Accumulated depreciation (-) $141,800 Retained earnings Intangible assets $81,800 Common stock $13,900 $18,900 $189,900 $45,800 $131,800 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS Cash $12,000 Accounts receivable LIABILITIES $25,800 Notes payable $19,100 Accounts payable $53,100 Long-term debt $447,800 OWNERS' EQUITY Retained earnings $82,100 Common stock $24,000 $162,000 Inventories Fixed assets Accumulated depreciation (-) Intangible assets $60,200 $181,800 Er Print Done remaining Clear All Check Answer mid Fall 2020 3101 Section 007 Save Homework: P2 (Financial Statements) Score: 0 of 1 pt 7 of 8 (2 complete) HW Score: 18.75%, 1.5 of 8... Question Help What are the net P2-10 (similar to) Fixed assets. Use the data from the following financial statements in the popup window, fixed assets for the years 2016 and 2017? The net fixed assets for the year 2016 is $] (Round to the nearest dollar) na th Enter your answer in the answer box and then click Check Answer part remaining Clear All Check Answer Score: 0 of 1 pt Question Help -2-10 (similar to Data Table Partial Income Statement Year Ending 2017 Sales revenue $350,000 Cost of goods sold $141,900 Fixed costs $42,900 Selling, general, and administrative expenses $27.900 Depreciation $46,100 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,100 Notes payable Accounts receivable $27,900 Accounts payable Inventories $48,100 Long-term debt Fixed assets $368.200 OWNERS' EQUITY Accumulated depreciation (-) $141,800 Retained earnings Intangible assets $81,800 Common stock $13,900 $18,900 $189,900 $45,800 $131,800 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS Cash $12,000 Accounts receivable LIABILITIES $25,800 Notes payable $19,100 Accounts payable $53,100 Long-term debt $447,800 OWNERS' EQUITY Retained earnings $82,100 Common stock $24,000 $162,000 Inventories Fixed assets Accumulated depreciation (-) Intangible assets $60,200 $181,800 Er Print Done remaining Clear All Check
