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please help me now Sammy's Shovels had sales of $135,740 in 2021 . The cost of goods sold was $21,440, operating expenses (excluding depreciation) were

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Sammy's Shovels had sales of $135,740 in 2021 . The cost of goods sold was $21,440, operating expenses (excluding depreciation) were $16,730, interest expenses were $2,630, depreciation expense was $8,200, and dividends paid were $1,150. The firm's tax rate is 30 percent. What did Sammy's Shovels report as net income (or, net profit) in 2021? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. If your answer is a negative number, place a minus sign before your answer with no space between the minus sign and the number. For example, record $1,234,567.89 as 1234568 or negative $543,210 as -543210 . Your Answer: Answer Question 10 (7 points) Robert Company's 2020 balance sheet reported net fixed assets of $12,125,000 and accumulated depreciation of ($2,929,750). Robert Company's 2021 balance sheet reported net fixed assets of $13,880,500 and accumulated depreciation of ($3,283,000). What was the change in gross fixed assets for Robert Company between 2020 and 2021? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568 . Your Answer: Answer 1:27:2 Question 13 (7 points) In 2021, Jillian's Jade Company had an operating profit of $580,162. Interest expense for the year was $172,301, taxes paid were $112,608, and common stock dividends paid were $63,391. On its 2021 balance sheet, Jillian's Jade Company listed 27,524 shares of common stock outstanding. Calculate the earnings per share for Jillian's Jade Company for 2021. Record your answer rounded to the nearest cent. Do not include a dollar sign or commas in your answer. For example, record $10.248976 as 10.25 . Your Answer: Answer 1:27:1 Page 14 of 14 Question 14 (7 points) The Dunder Mifflin Company has current assets of $221,240, total assets of $681,870, current liabilities of $111,090, and long-term liabilities of $233,480. The firm has 93,300 shares of common stock outstanding. Compute the firm's book value per share (that is, book value of equity divided by number of shares of common stock outstanding). Record your answer rounded to the nearest cent. Do not include a dollar sign or commas in your answer. For example, record $10.248976 as 10.25 . Your Answer: Answer Page 4 of 14 Question 4 (6 points) In 2021, the BowWow Company purchased 12,930 units from its supplier at a cost of $14.00 per unit. BowWow sold 13,870 units of its product in 2021 at a price of $21.00 per unit. BowWow began 2021 with $961,140 in inventory (inventory is carried at a cost of $14.00 per unit). Using this information, compute BowWow's gross profit for 2021. Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568 . Your Answer: Answer The year-end 2021 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $16,390, capital surplus of $34,730 and retained earnings of $57,890. On the 2020 year-end balance sheet, retained earnings are listed as $50,530. The firm's net income in 2021 was $26,700. No stock was issued or repurchased in 2021. What were total dividends paid by the firm in 2021 ? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568 . Your Answer: Answer In 2021, Dangerous Dragon, Inc. (a retail clothing company) sold 531,400 units of its product at an average price of $19 per unit. The company reported estimated Returns and allowances in 2021 of 3 percent of gross revenue. Dangerous Dragon actually purchased 550,000 units of its product from its manufacturer in 2021 at an average cost of $8 per unit. Dangerous Dragon began 2021 with 85,000 units of its product in inventory (carried at an average cost of $8 per unit). Operating expenses (excluding depreciation) for Dangerous Dragon, Inc. in 2021 were $1,722,410 and depreciation expense was $238,150. Dangerous Dragon had $10,000,000 in debt outstanding throughout all of 2021. This debt carried an average interest rate of 6 percent. Finally, Dangerous Dragon's tax rate was 40 percent. Dangerous Dragon's fiscal year runs from January 1 through December 31 . Given this information. construct Dangerous Dragon's multi-step income statement for 2021. What did Dangerous Dragon, Inc. record as NET INCOME on its 2021 income statement? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568 . For example, record $1,234,567,89 as 1234568 or negative $543,210 as -543210 . Your Answer: Page 1 of 1 Question 1 (6 points) In 2021 , Brock Brothers, Inc. had gross sales of $50,617,600. The company's management reported a Returns and Allowances estimate in 2020 equal to 1.6% of gross sales. What did Brock Brothers, Inc. report as Net sales in 2021? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568 . Your Answer: Answer In 2020 , the BowWow Company purchased 18,523 units from its supplier at a cost of $11.34 per unit. BowWow sold 10,757 units of its product in 2020 at a price of $23.85 per unit. BowWow began 2020 with $854,872 in inventory (inventory is carried at a cost of $11.34 per unit). Using this information, compute BowWow's 2020 ending inventory balance (in dollars). Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568 . Your Answer: Answer 1:27:30 remainin Page 12 of 14 Question 12 (7 points) The year-end 2020 balance sheet for Tom's Copy, Inc. lists common stock ( $1.20 par value) of $170,700, capital surplus of $18,540 and retained earnings of $61,960. On the 2019 year-end balance sheet, Tom's Copy, Inc. lists retained earnings of $42,340 The firm's net income in 2020 was $142,700. No stock was issued or repurchased in 2020 . What were dividends per share paid by the firm in 2020 ? Record your answer rounded to the nearest cent. Do not include a dollar sign or commas in your answer. For example, record $10.248976 as 10.25 . Your Answer: Answer Page 2 of 14 Question 2 ( 6 points) Wilma's Widgets had net sales of $11,575,100 in 2020 . The cost of goods sold was $3,282,500, operating expenses (excluding depreciation) were $196,140, interest expenses were $207,430, depreciation expense was $336,750, and dividends paid were $174,350. The firm's tax rate is 35 percent. What did Wilma's Widgets report as earnings before interest and taxes (i.e., operating profit) in 2020 ? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. If your answer is a negative number, plack a minus sign before your answer with no space between the minus sign and the number. For example, record $1,234,567.89 as 1234568 or negative $543,210 as -543210 . Your Answer: Answer Question 8 (7 points) Construct a balance sheet for Saylor's Tables given the following data (assume that the items listed below are the only entries on Saylor's balance sheet). What is total shareholders' equity? - Cash =$945 - Long-term debt =$829 - Net Property =$796 - Accounts receivable =$802 - Inventory =$578 - Accounts payable =$671 - Total shareholders' equity = ??? Record your answer rourkded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568 . Your

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