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Summarized versions of burritos corporation's financial statements for 2 recent years are as followed. Complete bredow's corporation's financial seen it by terming the missing amounts
Summarized versions of burritos corporation's financial statements for 2 recent years are as followed. Complete bredow's corporation's financial seen it by terming the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole number.
Income Statement Revenues 2019 2018 (in Thousands) $k $ 14.250 Cost of goods sold Other expenses 11,040 1,230 Income before income taxes 1,240 Income taxes (35%) 1,600 1,850 648 Net income $ m $b Statement of Retained Earnings Beginning balance Net income $ n$ 2,660 O C Dividends declared (88) Ending balance (110) $d $p Balance Sheet Assets Cash $ 9 $ e Property, plant, and equipment 1,557 Other assets 1,396 11,816 r Total assets Ss $ 14,402 Liabilities Current liabilities St $ 5,680 Long-term debt 4,400 3,400 1,015 1,160 Other liabilities Total liabilities $ 9,600 $t $ 300 $ 300 Stockholders' equity: Common stock Retained earnings u g 110 110 V 4,162 Other stockholders' equity Total stockholders' equity $w $h Total liabilities and stockholders' equity Cash Flow Statement 950 Net cash provided by operating activities Net cash used in investing activities $x $ (230) 15601 (450) 15101 https://ehacc. hacc.edu/de/content/245183/viewContent/5415945/View 6/30/2020 Data Table Net casn used in financing activities Increase (decrease) in cash (100) Cash at beginning of year 1,200 Cash at end of year $ z $jStep by Step Solution
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