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Sales= 885.099 USD; AR = 580.040 USD, Depreciation Expense = 350.000 USD, Administrative Expenses = 255.000 USD, Unearned Revenues = 250.000 USD, Interest Expense =
Sales= 885.099 USD; AR = 580.040 USD, Depreciation Expense = 350.000 USD, Administrative Expenses = 255.000 USD, Unearned Revenues = 250.000 USD, Interest Expense = 40.000 USD, Tax Rate = 25%, COGS = 255.009 USD, Salaries & Wages Payable = 155.230 USD, New equity Issued= $10.000, AP = 380.044 USD, Outstanding debt paid off= $15.000, Changes in NWC = 150.000 USD
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1a) Sales Revenve 885.099 COGS 255.009 Gross Profit 630.090 Depreciaton Expense 350.000 Adininistrative Expense 255.000 EBiT 25.090 Interest Ixpense 40000 EBT 14.910(3728) Net Income 11,182Step by Step Solution
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