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((TAX IS 25%)) Calculate the following: - Net income - Operating income - Total assets - Total Liabilities - Total stockholders equity - Gross revenue
((TAX IS 25%))
Calculate the following:
- Net income
- Operating income
- Total assets
- Total Liabilities
- Total stockholders equity
- Gross revenue
- Net revenue
- Operating margin ratio
- Net profit margin ratio
- Estimated cash flow
- Times interest earned ratio
Prestige Worldwide - Trial balance as of December 31, 2018: Gross Service Revenue $ 115,981,250 Bad Debt Expense 2,655,000 (3,575,000) Discounts on Sales Salaries $ 55,825,000 Benefits 14,178,292 Administrative 4,342,500 Insurance 325,000 Interest 164,575 Depreciation 3,200,000 Maintenane 435,500 Purchased Services 6,146,500 Rent 2,240,000 Supplies 9,169,813 Utilities-Electricity 356,000 Cash and Cash Equivalents 9,545,000 Short-term Investments 2,750,000 7,125,000 Net Accounts Receivables $ Inventory Supplies $ 1,135,000 Property and Equipment 90,500,000 Accumulated Depreciation (43,500,000) Investment Income 94,500 Account Payable 2,375,000 Accrued Expenses 9,125,000 Notes Payable 16,515,000 Contributions Received by Prestige 1,000,000 Long-Term Debt 26,500,000 Retained Earnings 13,040,000 reStep by Step Solution
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