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The comparative financial statements prepared at December 31, year 2, for Goldfish Company showed the following summa Year 2 Year 1 Statement of Earnings Sales

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The comparative financial statements prepared at December 31, year 2, for Goldfish Company showed the following summa Year 2 Year 1 Statement of Earnings Sales revenue Cost of sales Gross margin Operating expenses and interest expense Earnings before income taxes Income tax expense Net earnings Statement of Financial Position Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) $332,980* $280,000 267,950 224,000 65,030 56,000 44,660 39,800 20,370 16,200 8,930 6,900 $ 11,440 $ 9,300 Current Habilities (no interest) Non-current liabilities (101 interest) Common shares (6,000 shares) Retained earningst $ 4,010 13,450 39, 110 51, 240 $107,810 $ 13,590 38,080 36,000 20,170 $107,840 $ 7,900 16,000 34,000 43,000 $100,900 $ 15,800 35,400 36,000 13, 700 $100,900 One-third was credit sales. During Year 2, cash dividends amounting to $5,000 were declared and pald. Required: 1. Present component percentages for Year 2 only. (Input all amounts as positive values. Round the final answers to the nearest whole percent. Percentages may not add exactly due to rounding.) Component Percentages Year 2 Statement of earnings Sales revenue Cost of sales % % MacBook Air apter 12 Saved Common shares (6,000 shares) Retained earnings 36,000 36,000 20,170 13,700 $ 107,840 $100,900 *One-third was credit sales. During Year 2, cash dividends amounting to $5,000 were declared and paid. Required: 1. Present component percentages for Year 2 only. (Input all amounts as positive values, Round the final answers to the whole percent. Percentages may not add exactly due to rounding.) Component Percentages Year 2 % % 0 % % 0 % % 0 % Statement of comings: Sales revenue Cost of sales Gross margin Operating expenses and interest expense Earnings before income taxes Income tax expense Net earnings Statement of financial position: Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Total assets Current liabilities Long-term liabilities Common shares Retained earnings Total liabilities and shareholders' equity % % % % 0 % % % % % 01%

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