Problem 3-8 (similar to) (Working with an income statement and balance sheet) Prepare an income statement and a balance sheet from the scrambled list of items in the popup window What is the firm's networking capital and debt ratio? Complete the income statement below. (Round to the nearest dollar. NOTE You may input expense accounts as negative values Income Statement Data Table - X Gross profits TU $ Total operating expenses Operating income (EBIT) 5 Earnings before taxes 5 (Click on the following icon in order to copy is contents into a spreadsheet) 5550 507 Accumulated depreciation 190 655 Cash 7 Cost of goods sold 320,301 Accounts receivable 72.766 Depreciation expenses 37 745 Accounts payable 54 547 Interest expense 25.618 Shonem nobis payable 29.415 Income taxes 60.220 Invento 47,239 Marketing, general, and administrative expenses 45,180 Gross fixed as 47.133 Long Terme 360,305 Commonsta 120,437 Other assets 15.458 Retained earnings 138 534 In addition, the firm has 10,000 shares standing and paid $15.000 in common stock dividends during the year Net Income 5 Number of common shares outstanding Earnings per share Dividends paid to wockholders Dividendis per share 5 5 Print Done Choose to any of enter a number in the inputs and then Check Answer Problem 3-8 (similar to) (Working with an income statement and balance sheet) Prepare an income statement and a balance sheet from the scrambled list of items in the popup window What is the firm's networking capital and debt ratio? Complete the income statement below. (Round to the nearest dollar. NOTE You may input expense accounts as negative values Income Statement Data Table - X Gross profits TU $ Total operating expenses Operating income (EBIT) 5 Earnings before taxes 5 (Click on the following icon in order to copy is contents into a spreadsheet) 5550 507 Accumulated depreciation 190 655 Cash 7 Cost of goods sold 320,301 Accounts receivable 72.766 Depreciation expenses 37 745 Accounts payable 54 547 Interest expense 25.618 Shonem nobis payable 29.415 Income taxes 60.220 Invento 47,239 Marketing, general, and administrative expenses 45,180 Gross fixed as 47.133 Long Terme 360,305 Commonsta 120,437 Other assets 15.458 Retained earnings 138 534 In addition, the firm has 10,000 shares standing and paid $15.000 in common stock dividends during the year Net Income 5 Number of common shares outstanding Earnings per share Dividends paid to wockholders Dividendis per share 5 5 Print Done Choose to any of enter a number in the inputs and then Check
