need help on these 3 problems
item id1202157 Question 13 View Policies Current Attempt in Progress Bramble Corp. experienced a fire on December 31, 2020, in which its financial records were partially destroyed. It has been able to salvage some of the records and has ascertained the following balances. December 31, 2020 December 31, 2019 Cash $31.700 $16.900 Accounts receivable (net) 79,900 129.500 Inventory 204,500 181,600 Accounts payable 53.900 95.500 Notes payable 32.800 60.300 Common stock $100 par 405,300 405.300 Retained earnings 113.700 104,100 Additional information 1. The inventory turnover is 50 times. 2. The return on common stockholders' equity is 18%. The company had no additional paid-in capital 3. The receivables turnover is 12.8 times. 4. The return on assets is 17% 5. Totalt at December 31, 2019, were 5614,800 5 6 00 9 o R T O P F DVD G H J K enter Dan V B NIM Das end Compute the following for Bramble Corp.. (Round all answers to decimal places, eg. 2.150.) (a) Cost of goods sold for 2020 $ (6) Net credit sales for 2020. - $ c) Net income for 2020. Neti $ (d) Total assets at December 31, 2020. $ e Textbook and Media Save for later Attempts: unlimited Submit Answer Assignment sent to Gradebook. Your grade is being recorded Tue Jun 23.2020. 11.45 OS Perica Los Angeles -07001 ch 11:47 PM 6/21/O 4 5 6 N 00 9 O R T Y O G H J K L enter V B N M Dause Ctrl Question 12 View Policies Current Attempt in Progress Here is the income statement for Teal Mountain Inc. TEAL MOUNTAIN INC. Income Statement For the Year Ended December 31, 2020 -ce $431,600 Sales revenue Cost of goods sold 234 300 Gross profit 197.300 Expenses (including $16.200 interest and $22.500 income taxes) 75.200 Net income $122.100 Additional information 1. Common stock outstanding January 1, 2020, was 26,700 shares, and 36,000 shares were outstanding at Decembe 2020 2. The market price of Teal Mountain stock was $13 in 2020 Search O 3 5 6 7 8 E R T O G H J K L Net income $ 122,100 Additional information: Common stock outstanding January 1, 2020, was 26,700 shares, and 36,000 shares were outstanding at December 31, 1 2020 2. The market price of Teal Mountain stock was $13 in 2020. 3. Cash dividends of $24.200 were paid, $6,600 of which were to preferred stockholders. Compute the following measures for 2020. (Round all answers to 2 decimal places, eg. 1.83 or 2.51%) (a) Earnings per share $ (6) Price-earnings ratio times c) Payout ratio d) Times interest earned times eTextbook and Media o 11:48 PM 6/21/2020 in BIL & 5 6 7 8 9 O backspace R T Y O P og up F G H J K L erver Door V B N M pause alt Ctrl
