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Please help! Anything helps! Finance date of Adams Stores. Inc. for the year ending 2016 and 2017. Items Sales $3. Cash Other Expenses Retained Earnings

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Please help! Anything helps!

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Finance date of Adams Stores. Inc. for the year ending 2016 and 2017. Items Sales $3. Cash Other Expenses Retained Earnings Long-term debt Cost of goods sold 2. Depreciation Short-term investments Fixed Assets Interest Expenses Shares outstanding (par value = $4.60) Market Price of stock Accounts Receivable Accounts payable Inventory Notes Payable Accumulated Depreciation Accruals Tax Rate Instructions: As a group. complete the following activities using the nancial information above: Part 1: Financial Statements A. Prepare the income statement for 2016 and 2017. Include statement of retained earnings for 2017 B. Prepare the balance sheet for 2016 and 2017 0. Prepare Common-Size financial statements of income statement and balance D sheet . Prepare Statement of Cash Flows 2 0 1 6 432 .000 9 .000 340 .000 203 . 768 323.432 864 .000 1 8.900 48 .600 491 .000 62 .500 100.000 8.50 351 .200 145.600 ?15.200 200.000 146.200 136.000 40% 2017 $5,834.400 ?.282 720.000 9?.632 1.000.000 4.980.000 116.960 20.000 1.202.950 176.000 100.000 6 632.160 324.000 1 .28?.360 720.000 263.160 284.960 40%

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