Paste BIU V a. Av = = = 191 Office Update To keep up-to-date with security updates, fixes, and improvements, D2 4 xvf Show the formula in words and the numbers. B D E Liabilities 2,100 100 10,000 40,500 31,000 3,800 1,500 89,000 Current liabilities Notes payable Accounts payable Wages payable Interest payable Taxes payable Warranty payable Uneamed revenues Total current liabilities 5,000 35,900 8,500 2,900 6,100 1,100 1,500 61,000 36,000 A 26 27 Balance Sheet 28 29 Assets 30 31 Current Assets 32 Cash 33 Petty Cash 34 Temporary Investments 35 Account receivable 36 Inventory 37 Supplies 38 Prepaid insurance 39 Total current assets 40 41 Investments 42 43 Property, plant & equipment 44 Land 45 Land improvements 46 Buildings 47 Equipment 48 Less: accumulated deprec 49 Prop, plant & equip-net 50 51 Intangible assets 52 53 Goodwill 54 Trade names 55 Total intangible assets 56 57 Other assets 58 59 Total assets 60 Long-term liabilities Notes Payable Bonds Payable Total long-term liabilities 20,000 400,000 420,000 5,500 6,500 180,000 201,000 (56,000) 337000 Total liabilities 481,000 105,000 200,000 305,000 Stockholders' Equity Common Stock Retained Earnings Accum. Other income Less: Treasury stock Total stockholders' equity 110,000 220,000 9,000 (50,000) 289,000 3,000 770,000 Total liabilities & Stockholders' equity 770,000 98 61 52 Data - A w E. H BUSM SO E Hoen Insect Draw Page Layout Formulas Review View Tell me Calib (Bodil 11 VA A General P BIU OA Merge Center $ % 2 2 Conform Former Office Update To keep up-to-date with security updates, Poes, and improvements, choose Check for Updates 02 of show the formula in words and the numbers A B D E F G 1 Income Statement 81 Calculate all the major financial ratios from the given I/S and B/S 2 Show the formula in words and the numbes 3 Sales 100,000 EX. ROE = Net Income / Shareholder's equity - 18,000 / 289,000 6.23% 4 COGS 75,000 5 Gross Profit 25,000 6 7 Operating expenses Selling expenses 9 Advertsing 2000 10 Commissions 5000 7000 11 Administrative expenses 12 Office Supplies 3500 13 Office equipment 2500 6000 14 Total Operating expenses 13000 15 16 Operating income 12.000 17 18 Non-Operating or other revenue 19 Interest revenues 5000 20 Gain on sale of Investments 3000 21 Interest expense -500 22 Loss from Lawsuit -1500 23 Total non-operating 6000 24 25 Net Income 18,000 26 27 Balance Sheet 2 21 Read