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Required information The following information applies to the questions displayed below) The comparative financial statements for Prince Company are below Ye Year $100,200 11.900 V

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Required information The following information applies to the questions displayed below) The comparative financial statements for Prince Company are below Ye Year $100,200 11.900 V 300 000 21,300 6,390 1910 167,500 100.100 67.900 63.000 14.900 4.320 310.00 Trg statement Sales revenue Cost of goods old GEOs profit Operating expenses and interest expense Pretax income Income Tax Not incor Balance sheet: Cash Accounts receivable (net) Invento Property and equipment net) Totalpot Current liabilities no interest) Longterdalabile (9 Interest) Condoo Stock (35 par value, 5.300 shares outstandine) Retkind mit Total in abilities and stockholders' equity 34.400 14.300 41,800 46.300 31008000 5 15.300 41.000 35,500 20.400 $ 106,00 3 000 18.000 33.500 37. 300 135, 100 516300 41.600 26.000 3.700 19, 100 omnarative financial statements: (Enter your answer as a Amount Percent % % % Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income % % % % % PRINCE COMPANY Balance Sheet Increase (Decrease) from Year 1 to Year 2 Amount Percent % Cash % % % $ 0 9 % % Accounts receivable (net) Inventory Property and equipment (net) Total Assets Current liabilities (no interest) Long-term liabilities (9% interest) Common stock (35 par value, 5,300 shares outstanding) Retained earnings Total liabilities and stockholders' equity 9 %

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