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please find Q1-4 on the table Year 2014 Actual 2015 First Pass 2015 Final Pass $20,613 $2,760 $300 Net sales Growth rate in net sales
please find Q1-4 on the table
Year 2014 Actual 2015 First Pass 2015 Final Pass $20,613 $2,760 $300 Net sales Growth rate in net sales Cost of goods sold / net sales Gen., sell, and admin. expenseset sales Long-term debt Current portion long-term debt Interest rate Tax rate Dividend / earnings after tax Current assets / net sales Net fixed assets Current liabilities except current portion long-term debt et sales Owners' equity INCOME STATEMENT 25.0% 82.0% 12.0% $2,460 $300 10.0% 25.0% 60.0% 38.0% $1,420 14.0% $2,730 2015 Final Pass Year Net sales Cost of goods sold Gross profit Gen, sell, and admin. exp Interest expense Earnings before tax Tax Earnings after tax Dividends paid Additions to retained earnings 2015 First Pass $25 766 21,128 $4.638 2,535 Q1 1.827 457 $1,370 $822 $548 Q3 BALANCE SHEET Current assets Net fixed assets Total assets $9,791 1,420 $11211 $3,607 0 24 Current liabilities except current portion long-term debt & external financing External Financing Current portion long-term debt Long-term debt 300 2,460 Owner's equity Total liabilities and owners' equity EXTERNAL FUNDING REQUIRED 3278 $9.645 Q2 Step by Step Solution
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