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Please help me with this financial statement. I tried solving it my answers are also in this image but unfortunately they are wrong . Can
Please help me with this financial statement. I tried solving it my answers are also in this image but unfortunately they are wrong . Can anyone please help me out . Kindly solve this completely. I would give two upvotes. Thank-you
2019 2018 (in Thousands Income Statement Revenues 13,870 S 11.050 15,100 11.840 1,160 1.260 Cost of goods sold Other expenses Income before income taxes Income taxes (35%) contes . Net income Statement of Retained Earnings Beginning balance Net income Dividends 1,560 546 1,014 2.100 735 1,385 1,824 $ 1,014 (98) 2,740 2.740 1.365 (120) 3.985 Ending balance Balance Sheet Assets A sota Cash Property, plant and equipment Other assets 1.310 1,300 1.567 9,968 12,835 S 1,336 12,024 14,670 3.875 $ 4,700 1,025 5.700 3.293 1,170 $ 9.600 10 260 $ 275 S 2,740 275 3.985 220 190 Total assets Liabilities Current liabilities Long-term debt Other liabilities Total liabilis Stockholders' equilty Common stock Retained earnings Other stockholders' equity Total stockholders' equity Total liabiles and stockholders' equity Cash Flow Statement Net cash provided by operating activities Net cash used in investing activities Net cash used in financing activities Increase (decrease) in cash Cash at beginning of year Cash at end of war 3.235 4,410 12,835 14.670 630 (200) (510) 1,025 (525) (490) (80) 1.380 10 1,300 1310 1,300 1. Data Table Income Statement Revenues Cost of goods sold 2019 2018 (in Thousands) SK $ 15.100 11.050 a 1280 1.180 Other experies Income before income taxes 1.580 2.100 735 1 Income taxes (35%) $m $b Nel income Statement of Retained Earnings Beginning balance Net income Dividends declared $n$ 2740 c 198) (120) 0 SP 54 Ending balance Balance Sheet $ $4 1,587 Se 1,336 12024 $$ $ 14,670 Assets Cash Property, plant, and equipment Other assets Total assets Liabilities Current liabilities Long-term debt Other abilities Total liabilities Stockholders' equity Common stock Retained earrings SiS 5.700 4.700 3.390 1.025 1.170 $ 9.600 st s 275 $ 275 u 9 . 150 220 Y 4.410 $w sh Other stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity Cash Flow Statement Net cash provided by operating activities Nel cash used in investing activities Nel cash used in financing activities Increase (decrease) in cash 1025 $X$ (200) (525) (490) ) (510) 180) 1 y 1,300 Cash at beginning of year Cash at end of year SZ $Step by Step Solution
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