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OPTIMA, INC. Additionalinformation:Endingfinishedgoodsinventory(percentageofthenextquarterssales)Endingrawmaterialsinventory(percentageofthenextquartersproduction)Martare/Naar40%30%30% Expected number of frames sold in following quarters: Regarding Inventory: Work-in-process has a zero beginning and ending balance. Raw Materials Inventory dollar
OPTIMA, INC. Additionalinformation:Endingfinishedgoodsinventory(percentageofthenextquarterssales)Endingrawmaterialsinventory(percentageofthenextquartersproduction)Martare/Naar40%30%30% Expected number of frames sold in following quarters: Regarding Inventory: Work-in-process has a zero beginning and ending balance. Raw Materials Inventory dollar amounts need to be rolled forward to get the ending balance: (Beginning + Produced Sold = Ending) Raw Materials Inventory dollar amounts need to be rolled forward to get the ending balance: (Beginning + Purchased - Used = Ending) Optima Company Balance Sheet 12/31/19 Less: COGS Gross margin Less: S\&A Expenses Income before taxes Optima Company Retained Earnings Statement for the year ending December 31, 2020 Beginning Retalned Earnings Add: Net Incomefloss) Deduct Dividends Ending Retained Earnings Optima Company Balance Sheet Decmeber 31,2020 Assets Labilities and Stockholders Equity Cash Accounts Payable Accounts Receivable Une of Credit Payable Finished Goods inventory Capital Stock Direct Materials inventory Retained Earnings Plant, Froperfy, and Equigment Total Assets Total tiatilities \& Stockholden' Equi
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