Miros C w Reun CNCULAY THE PATHS ON TAM NEYS ALL 2. Acid Dividendide 1 A Timeler 1 Working at 11. AS 12. Tuale LO 2) Palisades Furniture, Inc. Comparative Income Statement Years Ended December 31, 20x5 and 20X4 20x5 20X4 5855.000 513,000 345.000 5803,000 509,000 294,000 Nei sales Cost of goods sold Gross profit Operating expenses Selling experts General espeses Total operating expenses Income from operations Interest revenue Interest expense Income before income taxes Income tax expense Net Income 114.000 123.000 237 000 57.000 126.000 118.000 244000 101.000 4,000 20 000 81.000 33 000 5. 18.000 14.000 43.000 17.000 26.000 Palisades Furniture, Inc. Comparative Balance Sheet December 31, 20x5 and 20X4 20X5 20x4 MARKET PRiese Pier SHARA IS 1,900," SRAR el COM Tour OUTSTAPO $ 29,000 114.000 113,000 6.000 262.000 18.000 507.000 5787000 532.000 85.000 111.000 8.000 236.000 9,000 399.000 5614,000 Assets Current Assets Cash Accounts receivable, Inventories Prepaid expenses Tocal current assets Long-term investments Property, plant, and equipment, net Total Sets Liabilities Current Liabilities Nous payable Accounts payable Accrued liabilities Total current liabilities Long-term debt Total abilities Stockholders' Equity Common stock, no par Penturned eat it Toul stockholders equity Total abilities and stockholders' equity $42.000 73.000 27.000 142.000 259.000 $1.000 5 27.000 68.000 31.000 126.000 198 000 324.000 156.000 170,000 356.000 5787,000 136.000 1:34.000 320 000 56000 REQUINTO CALCULATE THE LATES ON THE NEXT PAGE Miros C w Reun CNCULAY THE PATHS ON TAM NEYS ALL 2. Acid Dividendide 1 A Timeler 1 Working at 11. AS 12. Tuale LO 2) Palisades Furniture, Inc. Comparative Income Statement Years Ended December 31, 20x5 and 20X4 20x5 20X4 5855.000 513,000 345.000 5803,000 509,000 294,000 Nei sales Cost of goods sold Gross profit Operating expenses Selling experts General espeses Total operating expenses Income from operations Interest revenue Interest expense Income before income taxes Income tax expense Net Income 114.000 123.000 237 000 57.000 126.000 118.000 244000 101.000 4,000 20 000 81.000 33 000 5. 18.000 14.000 43.000 17.000 26.000 Palisades Furniture, Inc. Comparative Balance Sheet December 31, 20x5 and 20X4 20X5 20x4 MARKET PRiese Pier SHARA IS 1,900," SRAR el COM Tour OUTSTAPO $ 29,000 114.000 113,000 6.000 262.000 18.000 507.000 5787000 532.000 85.000 111.000 8.000 236.000 9,000 399.000 5614,000 Assets Current Assets Cash Accounts receivable, Inventories Prepaid expenses Tocal current assets Long-term investments Property, plant, and equipment, net Total Sets Liabilities Current Liabilities Nous payable Accounts payable Accrued liabilities Total current liabilities Long-term debt Total abilities Stockholders' Equity Common stock, no par Penturned eat it Toul stockholders equity Total abilities and stockholders' equity $42.000 73.000 27.000 142.000 259.000 $1.000 5 27.000 68.000 31.000 126.000 198 000 324.000 156.000 170,000 356.000 5787,000 136.000 1:34.000 320 000 56000 REQUINTO CALCULATE THE LATES ON THE NEXT PAGE
