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P1-67A (similar to) Summarized versions of Nachos Corporation's financial statements for two recent years are as foll (Click the icon to view the financial statements.)
P1-67A (similar to) Summarized versions of Nachos Corporation's financial statements for two recent years are as foll (Click the icon to view the financial statements.) Requirement 1. Complete Nachos Corporation's financial statements by determining the missing amounts de entering a net decrease in cash) 2019 2018 (in Thousands) Income Statement $ 16,275 Revenues Cost of goods sold 11,040 1,255 1,160 Other expenses Income before income taxes 1,560 1,850 Income taxes (35%) Net income Statement of Retained Earnings Beginning balance Net income 2780 Dividends Ending balance Balance Sheet Assets Cash Property, plant, and equipment 1,366 12.116 Other assets 14.592 Total assets Liabilities Enter any number in the edit fields and then click Check Answer All parts showing 5 5,650 4450 1.025 3320 1.170 9.150 400 $ 400 Liabilities Current liabilities Long-term debt Other liabilities Total liabilities Stockholders' equity: Common stock Retained earnings Other stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity Cash Flow Statement Net cash provided by operating activities Net cash used in investing activities Net cash used in financing activities Increase (decrease) in cash Cash at beginning of year 250 500 Cash at end of year
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