Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2019 2020 2019 2020 2020 Cash 20001 1800 IN/P 2200 1300 Revenue 6000 AP Marketable Sec 1000 1200 1200 1000 COGS (only supplies) 2000 AR

image text in transcribed
2019 2020 2019 2020 2020 Cash 20001 1800 IN/P 2200 1300 Revenue 6000 AP Marketable Sec 1000 1200 1200 1000 COGS (only supplies) 2000 AR 23001 2000 Accrued Expense 200 300 Gross Profit 4000 Inventory 1400 1000 Salaries Payable 100 100 OpEx 1200 Prepaid Expense 200 1100 Taxes Payable 400 350 Depreciation 800 Total Current Asset 6900 7100 Total STLiabilitie 4100 3050 EBIT 2000 Long Term Liabilitie 3600 3950 Interest 1400 Gross Fixed Asset 123001 13700 600 Accumulated depreciation 4300 5100 Common Stock 1000 1200 Tax 132 Net Fixed Asset 8000 8600 Prepaid Expenses 23001 3500l Net Income 468 Retained Earning 3900 4000 Total Asset 149001 15700 Total Liabilities and Sh.Eq 14900 15700 Use no full stop or comma: enter one hundred thousand as 100000 minus one thousand as -100000 how much inventory purchased = how much cash paid for the inventory- how much cash paid for the tax =( how much cash collected from the customers Op Act Inv Act Fin Act

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

Personal Finance

Authors: Jack Kapoor

12th Edition

125996776X, 9781259967764

More Books

Students also viewed these Finance questions

Question

A greater tendency to create winwin situations.

Answered: 1 week ago

Question

Improving creative problem-solving ability.

Answered: 1 week ago