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need help anceccedu/plugin ile php 120 983/mod resource/content 32 BUS225 Assign%2003%20CM 2 02 Fal % 2 %2 02018 pdf 16. A corporation's year-end 2014 balance
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anceccedu/plugin ile php 120 983/mod resource/content 32 BUS225 Assign%2003%20CM 2 02 Fal % 2 %2 02018 pdf 16. A corporation's year-end 2014 balance sheet lists current assets of $250,000, fixed assets of $780,000 currenti ab ities of $195,000, and long-term debt of $300,000. What is the amount of the corporation's total stockholders' equity at year-end 2014? A. $430,000 B. $475,000 C. $535,000 D. $835,000 E. $1,030,000 17. Sales for a firm are $400,000, cost of goods sold are $290,00, operating 00,000, cost of goods sold are $290,000, operating expenses are $10,000, depreciation is $15,000 and interest expenses are $20,000. What is the gross profit amount? A. $65,000 B. $80,000 C. $90,000 D. $100,000 E. $110,000 If net income was $150,000, interest expense was $70,000, taxes were $40,000, and depreciation was $45,000, what was operating profit if sales were $470,000? A. $305,000 C. $230,000 E. $195,000 18. B. $260,000 D $220,000 9. Hard Locks, Inc.'s income statement for 2012 lists the following income and expenses: Sales $945,000, profit= 510,000. What is the 2012 cost of goods sold reported on the income statement for Hard Locks? A. $565,000 B. $435,000 C. $365,000 D. $375,000 E. $225,000 operating expense and administrative expense $150,000, depreciation $135,000 and gross riod This couldStep by Step Solution
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