This Question: 7 pts Grand Mobile Homes reported the following in its financial statements for the...

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This Question: 7 pts Grand Mobile Homes reported the following in its financial statements for the year ended December 31, 2018: (Click the icon to view the financial statements) Read the requirements. Requirement 1. Compute the collections from customers. Collections from customers are Requirement 2. Compute payments for merchandise inventory. Payments for merchandise inventory are Requirement 3. Compute payments of other operating expenses. Payments of other operating expenses are Requirement 4. Compute acquisitions of property, plant, and equipment (no sales of property during 2018). Acquisitions of property, plant, and equipment are Requirement 5. Compute the amount of borrowing, with Grand paying no long-term liabilities. Borrowings, with Grand paying no long-term liabilities, are Requirement 6. Compute the cash receipt from issuance of common stock. Cash receipt from issuance of common stock is Requirement 7. Compute the payment of cash dividends. Payment of cash dividends is Data Table Requirements 1. Compute the collections from customers. 2. Compute payments for merchandise inventory. 3. Compute payments of other operating expenses. 4. Compute acquisitions of property, plant, and equipment (no sales of property during 2018). 5. Compute the amount of borrowing, with Grand paying no long-term liabilities. 6. Compute the cash receipt from issuance of common stock. 7. Compute the payment of cash dividends. Print Done 2018 2017 Enter any number in the edit fields and then continue to the next question Income Statement Net Sales Revenue $ Cost of Goods Sold 24,859 $ 18,048 21,099 15,466 Depreciation Expense 270 226 Other Operating Expenses 4,736 4,217 533 486 Income Tax Expense $ 1,272 $ 704 Net Income Balance Sheet Cash $ 20 $ 17 Accounts Receivable 780 599 Merchandise Inventory 3,484 2,837 Property, Plant, and Equipment, net 4,355 3,443 Accounts Payable 1,548 1,364 Accrued Liabilities 941 848 Long-term Liabilities Common Stock, no par Retained Earnings 474 460 675 449 5,001 3,775 Print Done 9 of 24 (0 complete) This Question: 7 pts Grand Mobile Homes reported the following in its financial statements for the year ended December 31, 2018: (Click the icon to view the financial statements) Read the requirements. Requirement 1. Compute the collections from customers. Collections from customers are Requirement 2. Compute payments for merchandise inventory. Payments for merchandise inventory are Requirement 3. Compute payments of other operating expenses. Payments of other operating expenses are Requirement 4. Compute acquisitions of property, plant, and equipment (no sales of property during 2018). Acquisitions of property, plant, and equipment are Requirement 5. Compute the amount of borrowing, with Grand paying no long-term liabilities. Borrowings, with Grand paying no long-term liabilities, are Requirement 6. Compute the cash receipt from issuance of common stock. Cash receipt from issuance of common stock is Requirement 7. Compute the payment of cash dividends. Payment of cash dividends is Data Table Requirements 1. Compute the collections from customers. 2. Compute payments for merchandise inventory. 3. Compute payments of other operating expenses. 4. Compute acquisitions of property, plant, and equipment (no sales of property during 2018). 5. Compute the amount of borrowing, with Grand paying no long-term liabilities. 6. Compute the cash receipt from issuance of common stock. 7. Compute the payment of cash dividends. Print Done 2018 2017 Enter any number in the edit fields and then continue to the next question Income Statement Net Sales Revenue $ Cost of Goods Sold 24,859 $ 18,048 21,099 15,466 Depreciation Expense 270 226 Other Operating Expenses 4,736 4,217 533 486 Income Tax Expense $ 1,272 $ 704 Net Income Balance Sheet Cash $ 20 $ 17 Accounts Receivable 780 599 Merchandise Inventory 3,484 2,837 Property, Plant, and Equipment, net 4,355 3,443 Accounts Payable 1,548 1,364 Accrued Liabilities 941 848 Long-term Liabilities Common Stock, no par Retained Earnings 474 460 675 449 5,001 3,775 Print Done 9 of 24 (0 complete)