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Please use this information making Balancesheet and income statement. Thank you. Current Accounts __ 2007: CA = $1, 500: CL = $1, 300 __ 2008:
Please use this information making Balancesheet and income statement. Thank you.
Current Accounts __ 2007: CA = $1, 500: CL = $1, 300 __ 2008: CA = $2, 000: CL = $1, 700 Fixed Assets and Depreciation __ 2007: NFA = $3, 000, 2008: NFA = $4, 000 __ Depreciation expense = $300 LT Liabilities and Equity __ 2007: LTD = $2, 200: Common Stock = $500, RE = $500 ___ 2008: LTD = $2, 800: Common Stock = $750: RE = $750 Income Statement Information __ EBIT = $2, 700, Interest Expense = $200, Taxes = $1, 000 Dividends = $1, 250 Sales = 5000 and costs = 2000 Please put together a balance sheet and income statementStep by Step Solution
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