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The comparative financial statements prepared at December 31 Year 2. for Goldfish Company showed the following summarized data: Year 2 Year 1 Statement of Earnings

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The comparative financial statements prepared at December 31 Year 2. for Goldfish Company showed the following summarized data: 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) $277,140 $295,000 220,730 186,000 56, 410 49,000 41,320 36,900 15,090 12,100 3,990 3,000 $ 11,100 59,100 $ 4,830 18,700 47.910 43,230 $ 115,220 5 15,130 42,590 30,000 27 540 $115,220 $ 9,800 22,500 42.000 37,000 $111.300 $ 18,300 39,400 30,000 23,600 $111,300 Current liabilities (no interest) Non-current liabilities (10% Interest) Common shares (6,000 shares) Retained earnings "One-third was credit sales During Year 2 cash dividends amounting to $7.200 were declared and paid, Required: 1. Complete the following columns for each item in the preceding comparative financial statements (Negative answers should be Indicated by a minus sign. Round percentage answers to 2 decimal places 0.1243 should be entered as 1243.X Increase (Decrease) Year 2 over Year 1 Amount Percentage $ 42,140 34,730 7,410 4,420 2,990 1793 18,67 15.12 24.71 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) 5 2.990 (50.20) 14.07 S (4,920) (3,800) 5,910 6,730 3,920 (3,170) 3.190 0 3,900 3,920 (17.32) 8.10 Current liabilities Long-term debt Common shares Retained earnings 0.00 $ 2-a. By what amount did working capital change? Change in working capital 2-b. What was the percentage change in the income tax rate? (Round intermediate calculations and final answer to 2 decima places.) Percentage change % 2-c What was the amount of cash collections from customers in year 22 Amount of cash intlow 2-d. What was the percentage change for the markup realized on sales (Round Intermediate calculations and final answer to 1 decimal place.) Percentage change

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