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Question 41 (2.5385 points) Financial statement data for Delicious Dishes, Inc. is given below. All figures are in dollars. Use this data to construct an

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Question 41 (2.5385 points) Financial statement data for Delicious Dishes, Inc. is given below. All figures are in dollars. Use this data to construct an Income Statement for the year ending December 31, 2019 and use your constructed statement to answer the question below the chart: Advertising 16,400 Beginning of year inventory 128.700 Depreciation 5,200 End of year inventary 124,600 General and administrative expenses 21,900 Gross sales 824,500 21.700 Management salaries 12,000 Purchases 104,600 Interest expense Lease payments 524.700 Research and development 12,600 Returns and allowances 3.600 Taxes What was operating profit (i.e., EBIT) from Delicious Dishes income statement for the year ending December 31, 2019? 35.900 Record your number as a dollar amount rounded to 0 decimal places, but do not include a dollar sign or any commas in your answer. For example, enter $32,903.82185 as 32904. If your answer is a negative amount, place a hyphen (-) before the number with no space between the hyphen and the number. For example, enter negative $39,253 as -39253. Your Answer: Question 42 (2.5385 points) Financial statement data for Delicious Dishes, Inc. is given below. All figures are in dollars. Use this data to construct an Income Statement for the year ending December 31, 2019 and use your constructed statement to answer the question below the chart: Advertising 16,400 Beginning of year inventory 128.700 Depreciation 5.200 End of year inventory 124,600 General and administrative expenses 21,900 Gross sales 824,500 21.700 Management salaries 12,000 104.600 Interest expense Lease payments Purchases 524,700 Research and development 12,600 Returns and allowances 3.600 Taxes 35.900 What was Net income on Delicious Dishes income statement for the year ending December 31, 20197 Record your number as a dollar amount rounded to 0 decimal places, but do not include a dollar sign or any commas in your answer. For example, enter $32,903.82185 as 32904. If your answer is a negative amount, place a hyphen (-) before the number with no space between the hyphen and the number. For example, enter negative $39,253 as-39253, Your Answer: Question 43 (2.5385 points) Financial data for Jade's Jeans are given below. All figures are in dollars. Use this data to construct a Balance Sheet for the company for the year ending December 31, 2019 and use your constructed statement to answer the question below. NOTE: Not every item in the list below belongs on the balance sheet - you have to use some given data to determine needed accounts for the balance sheet. However, other than what is listed and/or can be derived, there are no other accounts on Jade's balance sheet - use cash as a plug figure to balance the balance sheet. Record your number as a dollar amount rounded to 0 decimal places, but do not include a dollar sign or any commas in your answer. For example, enter $32,903.82185 as 32904. If your answer is a negative amount, place a hyphen (-) before the number with no space between the hyphen and the number. For example, enter negative $39,253 as -39253. Accounts payable 45.900 Accruals 14.200 Accumulated depreciation 354,800 216,000 346,800 126,000 1,028,600 Additional paid in capital Beginning of year inventory Common stock ($2.00 par value) Cost of goods sold Current portion of Long-term debt Gross accounts receivable Gross fixed assets Long-tam debt (exchading current portion) Purchases Retained earnings Returns and allowances Short-term bank loan 16,400 162.200 1,037,500 543.200 1.014,900 362.100 1.200 86,000 922 Cash Using the data in the table above, what did Jade's Jeans record as Total Current Assets on December 31, 2019 balance sheet? Record your number as a dollar amount rounded to 0 decimal places, but do not include a dollar sign or any commas in your answer. For example, enter $32,903.82185 as 32904. If your answer is a negative amount, place a hyphen (-) before the number with no space between the hyphen and the number. For example, enter negative $39,253 as-39253. Question 44 (2.5385 points) Financial data for Jade's Jeans are given below. All figures are in dollars. Use this data to construct a Balance Sheet for the company for the year ending December 31, 2019 and use your constructed statement to answer the question below. NOTE: Not every item in the list below belongs on the balance sheet - you have to use some given data to determine needed accounts for the balance sheet. However, other than what is listed and/or can be derived, there are no other accounts on Jade's balance sheet - use cash as a plug figure to balance the balance sheet. Record your number as a dollar amount rounded to 0 decimal places, but do not include a dollar sign or any commas in your answer. For example, enter $32,903.82185 as 32904. If your answer is a negative amount, place a hyphen (-) before the number with no space between the hyphen and the number. For example, enter negative $39,253 as-39253. 45,900 14,200 Accounts payable Accrual Accumulated depreciation Additional paid in capital Beginning of year inventory Common stock (52.00 par value) Cost of goods sold Curent portion of Long-term debt Gross accomtraccivable Gross fixed assets Long-tam debt (excluding current portion) Purchases 354,800 216.000 346.800 126,000 1.028.600 16,400 162.200 1,037.500 543,200 1,014,900 362.100 Retained earnings Returns and allowances 1.200 Short-term bank loan 86,000 Cash ??? Using the data in the table above, what did Jade's Jeans record as Total Assets on December 31, 2019 balance sheet? Record your number as a dollar amount rounded to 0 decimal places, but do not include a dollar sign or any commas in your answer. For example, enter $32,903.82185 as 32904. If your answer is a negative amount, place a hyphen (-) before the number with no space between the hyphen and MacBook

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