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please help! i will like! thanks :) VIRTUAL GAMING SYSTENS Income Statement Net sales Cost of goods sold Gross profit Expenses: Operating expenses Depreciation expense
please help! i will like! thanks :)
VIRTUAL GAMING SYSTENS Income Statement Net sales Cost of goods sold Gross profit Expenses: Operating expenses Depreciation expense Loss on sale of land Interest expense Income tax expense Total expenses Net income VIRTUAL GAMING SYSTEIIS Balance Sheets December 31 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent $194,00089,060113,00012,800$152,00068,000143,0006,960 Long-term assets: Investment in bonds Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders Equity current 1iabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity Required: Assuming that all sales were on account, calculate the following risk ratios for 2024. (Use 365 days o year. Round your final answers to 1 decimal ploce.) Step by Step Solution
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