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The following balance sheet and income statement should be used: [Question] Hilltop, Inc. 2009 Income Statement Net Sales 14 Less: Cost of Goods Sold Less:
The following balance sheet and income statement should be used: [Question] Hilltop, Inc. 2009 Income Statement Net Sales 14 Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and Taxes Less: Interest Paid Taxable income $38,900 31,400 2,600 4,900 1,800 $3,100 1,150 $1,950 $390 $1,560 Less: Taxes Net Income Dividends Additions to retained earnings Cash Accounts rec Inventory Total Net fixed assets [Question]Hilltop, Inc. 2009 Balance Sheet $3,160 Accounts Payable 4,160 Long-term debt 6,480 Common stock $13,800 Retained earnings 29,400 $43,200 Total liabilities & equity $8,1201 21,200 7,500 6,380 $43,200 Total assets Hilltop, Inc. is currently operating at 69% of capacity. What is the full-capacity level of sales? Hilltop, Inc. is currently operating at 69% of capacity. What is the full-capacity level of sales? Multiple Choice $51,376.81 $55,418.07 $56,376.81 thing $50,959.00 $52,493.82
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