Netflix Mansfield Today - Mail-Mansfield Converse C NEWS Translate M Gmail Income Statement For the Year Ended December 31, 20X2 Sales $ 3.650.000 Cost of goods sold 2280,000 Gross profit $ 1270.000 Selling and administrative expense 723,000 Depreciation expense 268,000 Operating income 279.000 Interest expense 88.500 Earnings before taxes 13 190,500 Taxes 115,000 Earnings after taxes $ 75,500 Preferred stock dividends 10.000 Earnings available to common stockholders $ 65.500 Shares outstanding 150,000 Eamings per share $ 0.44 Statement of Retained Earnings For the Year Ended December 31, 20X2 Retained earings, balance, January 1, 20X2 Add. Earnings available to common stockholders, 20X2 Deduct: Canh dividends declared and paid in 20X2 Retained earnings, balance, December 31, 20X2 $1,379,800 85.500 174.000 $1.271,300 Comparative Balance Sheets For 20X1 and 20X2 Year-End 20x1 Year-End 20x2 $ $ 148.000 502,000 639,000 62,200 $ 1,349.200 97,600 106, 100 600.000 665.000 34 700 3 1,413,800 83.100 $ 2,620.000 1,040,000 $ 3,150.000 1,308,000 1.580.000 $ 3.026 800 1.842.000 $ 3.338.900 Assets Current assots: Cash Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments [long-term socuritis) Gross plant and equipment Loss: Accumulated depreciation Net plant and equipment Total assets Liabilities and Stockholders' Equity Current liabdos Accounts payable Notos payablo Accrued expenses Total current labels Long-term labities Bonds payablo, 20x2 Total abilities Stockholders equity Preferred stock $100 par rawe Common stock 51 par value Capital paid in excess of par Hola 90 W T Total stockholders oquity Total abilities and stockholders' oquity $ 637.000 542.000 50 600 $ 309.000 542.000 79.000 3 B30.000 127.000 31.057.000 5 90.000 150 000 350.000 1.379.800 S860000 $ 3.028 800 248.000 51,477600 5 90.000 150.000 350,000 1 271 300 $ 3.338.000 2. Prepare a statement of cash flows for the Crosby Corporation: (Amounts to be deducted should be Indicated with parentheses or a minus sign.) CROSBY CORPORATION Statement of Cash Flows For the Year Ended December 31, 20X2 Cash flows from operating activities: Adjustments to determine cashflow from operating activities Total adjustments Net cash flows from operating activities Cash flows from investing activities: $ $ 0 0 $ 0 Net cash flows from investing activities Cash flows from financing actvities: Net cash flows from financing activities $ b. Compute the book value per common share for both 20X1 and 20x2 for the Crosby Corporation. (Round your answers to 2 decimals places.) Book value 20X1 20X2 Natashows from investing activities Cash flows from financing activities $ Net cash flows from financing activities b. Compute the book value per common share for both 20%1 and 20X2 for the Crosby Corporation (Round your answers to 2 decimal places.) Book value 20X1 20x2 c. If the market value of a share of common stock 33 mos book value for 2002. what for 20x2T (Do not found intermediate alculations. Round your final anwer to decimal places PIE References Worksheet Dincity