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t.chegg.com//books/9781337517386/cfi494/40.00.33.4 company wilcox: Capitai stock or 12,000 was issuea, ana aiviaenas or syu,000 were paa. E1-9 Accounting equation and income statement 569 Staples, Inc., (SPLS)
t.chegg.com//books/9781337517386/cfi494/40.00.33.4 company wilcox: Capitai stock or 12,000 was issuea, ana aiviaenas or syu,000 were paa. E1-9 Accounting equation and income statement 569 Staples, Inc., (SPLS) is a leading office products distributor, with retail stores in the United States, Canada, Asia, Europe, and South America. The following financial statement data were adapted from recent financial statements of Staples: Year 2 in thousands) $10,313,728 Year 1 in thousands) $11,174,876 5,042,613 Total assets Total liabilities Total stockholders' equity Sales Cost of goods sold Operating expenses Other expense (net) Income tax expense 5,305,059 22,492,360 16,691,324 5,518,665 14,236 133,609 a. Determine the missing data indicated for (1) and (2). b. Using the income statement data for Year 2, determine the amount of net income or loss. Balance sheet items E1-10 From the following list of selected items taken from the records of Flip Flop Sandals Inc. as of a specific date, identify those that would appear on the balance sheet
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