Please use the information below for questions 36-41 Tecome Statement Balance Sheet Sales $20,000,000 Cost of Goods Sold 3.000.000 12,000,000 Selling and Administrative 1.600.000 Depreciation Expense 7,400,000 Interest 2.000.000 5,400,000 Taxes (259) 4,050,000 Comuon Stock Div. 600.000 $3,450,000 Assets Cash $ 5,000,000 Marketable Securities 12,500,000 Accounts Receivable, net 2,500,000 Inventory 30,000,000 Prepand Expenses 5,000,000 Plast & Equipment 30.000.000 Total Assets 39.000.000 Liabilities and Equity Accounts Payable Notes Payable Accrued Expenses Bonds Payable Common Stock Capitalis Excess of Par Retained Earnings Total Liabilities and Equity 520,000,000 5,000,000 5,000,000 25.000.000 5.000.000 10,000,000 5,000,000 SES.000.000 Shares omning of common stock - 1,000,000 Market price of common stock - 518 36 The Current Ratios a 0.55 b. 1.83 0.183 2015 20 Focus G ch O ED i 3 hp > 96 & 3 5 ? 6 7 8 2 VA 1/2 E U O ( [In E R T Y F. G H D J K y B. NM 45. You have found the perfect burial plot. Of course, you do not plan to need it for at least 60 years. The plot costs $12,000 today and burial plots are increasing at 4% per year. How much do you need to deposit at the beginning of each of the next 60 years to pay for the plot if you can earn 11% on your deposit? a. 23.9 b. 126.253.2 c. 26.6 d. 5,7643