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**************************QUESTION*** *********ADDITIONAL INFORMATION places, e.g. 1.8 or 1.8%. If % change is a decrease show the numbers as negative, e.g. 1.83% or (1.83%).) SANDHILL COMPANY
**************************QUESTION***
*********ADDITIONAL INFORMATION
places, e.g. 1.8 or 1.8%. If % change is a decrease show the numbers as negative, e.g. 1.83% or (1.83\%).) SANDHILL COMPANY Balance Sheets December 31 AssetsCash2022$69,2502021$66,060 Debtinvestments(short-term)50,00042,000 Accounts receivable 106,00092,000 Inventory 238,000166,000 Prepaidexpenses25,00024,000 Land 132,000132,000 Liabilities and Stockholders' Equity Notes payable $168,550$105,000 Accountspayable68,00051,000 Accrued liabilities 42,00042,000 Bonds payable, due 2025252,000169,000 Common stock, \$10 par 209,000209,000 Retained earnings 144,700130,060 Total liabilities and stockholders' equity $884,250$706,060 SANDHILL COMPANY Income Statements For the Years Ended December 31 PROFITABILITY Profit marginStep by Step Solution
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