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Please help me figure these numbers out! AUTOMOTIVE SOLUTIONS INC. Comparative Income Statement the Years Ended December 31, 20Y8 and 20 AUTOMOTIVE SOLUTIONS INC. Comparative
Please help me figure these numbers out!
AUTOMOTIVE SOLUTIONS INC. Comparative Income Statement the Years Ended December 31, 20Y8 and 20 AUTOMOTIVE SOLUTIONS INC. Comparative Statement of Stockholders' Equity For the Years Ended December 31, 20Y8 and 20Y7 Total current assets \begin{tabular}{rr} $3,468,696 & $3,588,540 \\ 2,126,324 & 1,186,008 \\ 4,420,000 & 3,978,000 \\ \hline$10,015,020 & $8,752,548 \\ \hline \end{tabular} Liabilities Current liabilities Long-term liabilities: Mortgage note payable, 8%, due in 15 years $1,530,000$0 Bonds payable, 8%, due in 20 years Total long-term liabilities Total liabilities \begin{tabular}{cc} 1,870,000 & 1,870,000 \\ \hline$3,400,000 & $1,870,000 \\ \hline$4,451,120 & $3,916,448 \\ \hline \end{tabular} Stockholders' Equity Preferred $0.70 stock, $50 par $1,051,120$2,046,448 Common stock, $10 par \begin{tabular}{rr} $700,000 & $700,000 \\ 800,000 & 800,000 \\ 4,063,900 & 3,336,100 \\ \hline$5,563,900 & $4,836,100 \\ \hline$10,015,020 & $8,752,548 \\ \hline \end{tabular} Instructions: Determine the following measures for 20Y8. whole dollar and final amounts to one decimal place. Assume there are 365 days in the yearStep by Step Solution
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