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Some recent financial statements for Earl Grey Golf Corp, follow, 5 points Slapped 2018 $27,800 9,700 15,700 eBook EARL GREY GOLF CORP 2017 and 2018
Some recent financial statements for Earl Grey Golf Corp, follow, 5 points Slapped 2018 $27,800 9,700 15,700 eBook EARL GREY GOLF CORP 2017 and 2018 Statement of Financial Position Assets Liabilities and Owners' Equity 2017 2018 2017 Current assets Current liabilities Accounts payable Cash $ 21,930 24,800 $ 20,020 Accounts receivable Inventory 12,016 24,084 15,900 Notes payable 17,000 27,800 Other 10,341 Total $58,030 68,500 Total $ 47,361 Long-term debt Owners equity $ 76,000 Common stock and paid-in surplus $40,000 Retained earnings 135,735 Fixed assets Net plant and equipment $241,068 365,500 Total $175,735 $ 53,200 References $95,800 $48,600 245,000 $285,000 Total assets $299, 098 434,000 Total liabilities and owners' equity $299,898 $434,000 EARL GREY GOLF CORP.. 2018 Statement of Comprehensive Income: Sales Cost of goods sold Depreciation Earnings before interest and tax Interest paid Taxable income Taxes (40%) $544,738 256,000 49,000 $239,738 12,630 $227,108 90,843 $136,265 Net income $27,000 Dividends
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