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Year 1 wN Brighton Company Year 0 3 Cash 50,000.00 4 Accounts Receivable 275,000.00 5 Inventory 350,000.00 6 Net PP&E 800,000.00 7 Total Assets 1,475,000.00
Year 1 wN Brighton Company Year 0 3 Cash 50,000.00 4 Accounts Receivable 275,000.00 5 Inventory 350,000.00 6 Net PP&E 800,000.00 7 Total Assets 1,475,000.00 40,000.00 80,000.00 190,000.00 40,000.00 (10,000.00) 100,000.00 1,100,000.00 (25,000.00) 1,475,000.00 40,000.00 9 Accounts Payable 10 Notes Payable 11 Common Stock 12 Treasury Stock 13 Additional Paid-in Capital 14 Retained Earnings 15 Accumulated OCI 16 Total Liab and Equity 17 18 Sales 19 Variable Expenses 20 Contribution Margin 21 Fixed Expenses 22 Operating Income 23 Nonrecurring Gain 24 Tax Expense 25 Net Income 0.60 1,000,000.00 (600,000.00) 400,000.00 (150,000.00) 250,000.00 75,000.00 (113,750.00) 211,250.00 1,200,000.00 (720,000.00) 480,000.00 (150,000.00) 330,000.00 (115,500.00) 214,500.00 5.36 Question 1 2.5 pts Basic EPS equals (round your answer to the nearest penny. e.g. enter $9.72134 as 9.72): 5.28| Question 2 2.5 pts Retained Earnings equals (round your answer to the nearest dollar. e.g. enter $100,724.89 as 100,725): 1,291,250
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