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Question 21 (4 points) Balance Sheet Current assets Cash 910,000 Acc receivable not given Inventories 1,050,000 Fixed assets 3,710,000 TOTAL ASSETS 1,000,000 Current liabilities Ace

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Question 21 (4 points) Balance Sheet Current assets Cash 910,000 Acc receivable not given Inventories 1,050,000 Fixed assets 3,710,000 TOTAL ASSETS 1,000,000 Current liabilities Ace payable not given Long-term debt 3,500,000 Common stock 560,000 Retained earnings 2,420,000 TOTAL LIAB and EQUITY 7,000,000 Income Statement Sales 14,000,000 operating expense 11, 200,000 EBIT 2.300,000 Interest expense 490,000 EBT 2,310,000 Taxes: 924, 200 et income 1,126,00 What the times Gays Sale

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