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Please help!! i need this in 20 minutes please!!! upvote will be left! thank you!! The following finandiel informotion is for Alossom Compary Additional information
Please help!! i need this in 20 minutes please!!! upvote will be left! thank you!!
The following finandiel informotion is for Alossom Compary Additional information 1. Invsctory at the begineing of 2026 was $116,000 2. Account recsivable (net) at the beginning of 2024 wore $89.000 3. Total adsts at the beginring of 2004 were 5631,000 4. Na cortrionsteck tranbactions cocurrod daring 2024 or 2025. 5. All sales were on credit. Compary from 2024 to 2025 , (Note Not all profitability retlos as of December 31, 2025, and (2) as of December 31, 2026, and percentace change in oxch ratin after etving effict to thi decrave ahow the nambert as nesuthe, es-13ier (180) Situation 1. 19,000 shares of common stockwsre sold at par on Jly 1, 2026. Net income for 2026 was 553.000, and there wsrenodividendk Beturnoncomenonstorktolderi' equity 2. All of the notes payable were paid in 2026 . All other llabilities remained at Debt to assetsint their Decoumber 31, 2025. levels. Total assets on Decomber 31, 2026, were. $894,000. 3. The markat price of common stockwas $9 and 513 on December 31,2025 Price-earrings atho and 2026. respectively. Net incoene for 2026 was $53,000, (Use a simple weragecalculation for EPS Step by Step Solution
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