Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Prepare a common size balance sheet for the current years balance sheet and a common size income statement for thr current years income statement using

Prepare a common size balance sheet for the current years balance sheet and a common size income statement for thr current years income statement using excel
image text in transcribed
can you help me find the invome statement
7139 Earth Fit Sports Inc thousands current year last year Consolidated Balance Sheet Assets Current assets Cash and cash equivalents Receivables net of allowances Inventories Prepaid expenses Other current assets Total current assets $31.430 24,019 4557 5,152 2.787 72.945 $43 291 20.416 3,012 4,355 4.244 75 318 Long term assets Property, Plant and Equipment (net) Investments Deferred income taxes Intangible assets Other long term assets Total long term assets Total assets 56,139 0 117358 450 600 2.135 626.232 49 579 2007 280 472 143 2.675 526.684 $899.177 5801982 Liabilities Current liabilities Current portion of long term debt Accounts payable Accrued liabilities Other current liabilities Total current liabilities 5,100 26,969 13 687 20.516 68.252 3 900 26,738 8,494 212753 60.885 Long term liabilities Long term notes payable Other long term debt Deferred income taxes Other long term liabilities Total long term liabilities 309,779 137 172 0 17,054 464005 375,881 0 606 12.861 389,348 Total liabilities $530 257 $450,233 Stockholders' equity Common stock Additional paid in capital Other equity inc treasury stock Retained earings Total stockholders' equity 640 123543 153 862) 98.499 168.920 640 119,870 129 130) 60.359 151249 Total liabilities and stockholders' equity $899.177 SE2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Financial Reporting In A Competitive Economy (RLE Accounting)

Authors: Herman W. Bevis

1st Edition

1138966819, 9781138966819

More Books

Students also viewed these Accounting questions

Question

please dont use chat gpt 5 2 4 . .

Answered: 1 week ago

Question

What do you think Katsoudas means by the phrase one size fits one?

Answered: 1 week ago

Question

How do you think GM should handle this decision and why?

Answered: 1 week ago