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n Western Wear Company has the following financial st which are e of the company's hi average Sales Expenses Earnings before interest and taxes 35,700

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n Western Wear Company has the following financial st which are e of the company's hi average Sales Expenses Earnings before interest and taxes 35,700 Interest Earnings before taxes Taxes Earnings after taxes Dividends $200,000 164,300 3,799 32,000 10,800 $ 22,000 11,800 Balance Sheet Assets Liabilities and Shareholders' Equity $15,700 2,900 15,400 $34,000 8,700 23,500 37,000 45,800 $3,000 Accounts payable 27,000 Accrued wages 32,000 Accrued taxes $62,000 Current liabilities 87,000 Notes payable Cash Accounts receivable Inventory Current assets Capital assets Long-term debt Common stock Retained earnings $149,000 Total liabilities and equity $149,000 Total assets o search 2 ts Cash 2,98e 32,800 Accrued taxes Inventory Long-term debt Common stock 37,080 Total assets external funds. The increase in sales is expected to be carried out through more efficient asset utilization in th e existing stores. Of liabilities, only current liabilities vary directly with sales. Wear has a positive value.) The firm has Next > 2 of 9 KPrev

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