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need help with this question, please add detailed explainations/formulas Given Information for Balance Sheet 5 7 3 3 1 2 3 4 5 5 7

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Given Information for Balance Sheet 5 7 3 3 1 2 3 4 5 5 7 B Account Accounts Payable Accounts Receivable Accrued Salaries Additional Paid-in Capital Bank Loans (Mortgages) Bonds Payable Capital Leases Cash Common Stock Equipment Furniture and Fixtures Intangible Asset (Copyrights) Inventories Land & Buildings Less: Accumulated Depreciation Long-term investments Other Accrued expenses Other Current Assets Other Long-term Assets Preferred Stock (4%)" Retained Earnings Short-term debt 2020 26.900 12,800 96,500 450,000 1,750,000 450,000 200,000 511 40,000 785,502 270,560 96,500 to calculate 1,849,303 (654,500) 820,680 112.500 8,010 72.000 50,000 to calculate 50,000 9 0 1 2 3 4 5 -6 -7 8 59 10 31 Prior Year-end Retained Earnings Prior Year-end Common Stock Prior Year-end APIC Prior Year-end Preferred Stock 66,666 34,000 432,900 50,000 LS Given Information for Income Statement 2 13 14 15 46 47 48 49 T Gross Revenues Returns and Allowances Sales Discounts COGS Ratio 985,000 5,250 21,650 6200 Prior Year-end Common Stock Prior Year-end APIC Prior Year-end Preferred Stock ob,bbb 34,000 432,900 50,000 Given Information for Income Statement Raw Mate Work in F Finished Total Inve Gross Revenues Returns and Allowances Sales Discounts COGS Ratio Depreciation SG&A Research and Development Expenses Other operating expenses Misc. other income Misc. other losses Tax rate Common Shares Outstanding Payout Ratio: 985,000 5,250 21,650 52.0% 65,000 185,000 42,000 23,600 1,000 1,250 24.0% 71,000 40.0% Mortgage on Buildings Interest Rate on Mortgage 400,000 6.0% Bonds Payable Interest Rate on Bonds 100,000 4.5% 5 7 B 9 Average Short-term debt Interest Rate on ST Debt 20,000 2.2% Calculate Interest Expense: Refer to this calculation on the Income Statement 0 1 2 3 4 25 76 77 Dividends on Preferred Stock: Dividends on Common Stock: Total Dividends paid: based on divide calculate after ir Refer to this calc Capital leases are long-term financing arrangements on equipment or vehicle E Income Statement - 2020 Net Revenues Other operating expenses Operating Income Taxable income Net Income Earnings Per Share Operating Cash Flow Inventory details Raw Materials Work in Process Finished Goods Total Inventories 15,200 23,585 42,900 to calculate Balance Sheet - 12/31/2020 Assets Other Current Assets B N D SI Er Land & Buildings Us Se Less: Accumulated Depreciation Other Long-term Assets Liabilities and Stockholders' Equity Accrued Salaries Other Accrued expenses ] Bank Loans (Mortgages) Bonds Payable Additional Paid-in Capital Retained Earnings Statement of Owner's Equity - 2020 APIC Common Stock Preferred Stock Retained Earnings Total Equity Beginning Balance Net Income Dividends paid Stock Issued Ending Balance Tests Total Equity - horizontal sums TRUE TRUE TRUE TRUE TRUE

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