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Please fill in the remaining blanks full and correctly for a good review. Thanks! 5.00 points Financial data for Joel de Paris, Inc., for last
Please fill in the remaining blanks full and correctly for a good review. Thanks!
5.00 points Financial data for Joel de Paris, Inc., for last year follow Joel de Paris, Inc Balance Sheet Balance Balance Assets 120,000 Cash 140,000 530,000 Accounts receivable 450,000 380,000 Inventory 320.000 680,000 620,000 Plant and equipment, net 250,000 280,000 Investment in Buisson, S.A. Land (undeveloped) 80.000 170,000 Total assets 2,020,000 2.100.000 Liabilities and Stockholders' Equity 360,000 310,000 1,500,000 1,500,000 Accounts payable Long-term debt Stockholders' equity 160.000 290.000 2,020,000 2.100.000 Total liabilities and stockholders' equity Joel de Paris, Inc Income Statement Sales 4,050,000 3,645,000 Operating expenses Net operating income 405,000 Interest and taxes $150,000 Interest expense Tax expense 110.000 260,000 45.000 Net incomeStep by Step Solution
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