Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The conchogy Corporation (MTC) financial statements follow Ce the conto view the consolidated balance sheets) the icon to view the consolidated income statements) Murat year

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

The conchogy Corporation (MTC) financial statements follow Ce the conto view the consolidated balance sheets) the icon to view the consolidated income statements) Murat year and 2000 is desto (Round you to be decimal place) Moncton Technology Corporation Consolidated Statements of Financial Position (in millions) December 31, 2020 2019 3 4,200||$ 4.003 Assets Current assets Cash and cash equivalents Short-term investments Accounts receivable, net Inventories 830 450 3.100 2.400 343 2.100 324 1.200 8,487 Other Total current assets Property, plant, and equipmentnet Investments 10,573 1,500 800 0,500 550 5.100 320 Other non-current ass $ 19.1235 14.587 Total assets Liabilities and Shareholders! Equity Current liabilities Rocounts payable B.900||$ 5.400 2100 2.100 10.57 1.500 0.500 550 5.100 10.1235 14.687 and Shareholders Equity 0005 3.000 5.400 3.000 3.400 508 507 2500 000 12.00 650 320 Other non-current assets 3 14,687 10.123 $ Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable 8.000 $ 5,400 3,000 3.000 Accrued and other 9,000 8.400 507 508 Total current liabilities Long-term debt Other non-current liabilities 990 2.500 12.907 9.898 Corrimitments and contingent liabilities Total abilities Shareholders' equity Preferred shares: Shares issued: 0 Common shares shares authorized 7000 shares issued 13.441 and 2,880. respectively 380 1,500 Retained earnings 3.301 Other comprehensive loss 6.007 (95 (56 (39 80 Other 4718 Total shareholders aty 6.210 12.12 14,687 Totallatites and shareholders outy Moncton Technology Corporation Consolidated Statements of income for millions, except per share amounts) Years Ended December 31 2020 2019 2018 S Nel revenue 38,000 46,000 $ 32,500 40.000 s 28.500 23.500 Cost of goods sold N. 13,500 11,500 12.500 Gross profit 2.850 2.450 2.100 432 360 800 Operating expenses Selling general and administrative Research, development and engineering Special charges Total operating expenses Operating income 402 2.8.10 3.050 2.934 9.890 8.450 2113 9588 123 120 Investment and other noome loes net 9.549 home before income taxes 10.000 BOD 8883 005 485 Income tax excense 91103 1758 19.058 Nenome Earnings per common share 1112 0.383 0.40 Basie Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bank Performance, Risk And Firm Financing

Authors: P. Molyneux

1st Edition

0230313353, 9780230313354

More Books

Students also viewed these Accounting questions

Question

Write a note on transfer policy.

Answered: 1 week ago

Question

Discuss about training and development in India?

Answered: 1 week ago

Question

Explain the various techniques of training and development.

Answered: 1 week ago

Question

Explain the various techniques of Management Development.

Answered: 1 week ago