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Use the balance sheet and income statement below: CLANCY S DOG BISCUIT CORPORATION Balance Sheet a s o f December 3 1 , 2 0
Use the balance sheet and income statement below: CLANCY DOG BISCUIT CORPORATION Balance Sheet December and millions dollars Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable $ $ Accrued wages and taxes $ $ Accounts receivable Accounts payable Inventory Notes payable Total $ $ Total $ $ Fixed assets: Longterm debt $ $ Gross plant and equipment $ $ Stockholders equity: Less: Accumulated depreciation Preferred stock thousand shares $ $ Net plant and equipment $ $ Common stock and paid surplus thousand shares Other longterm assets Retained earnings Total $ $ Total $ $ Total assets $ $ Total liabilities and equity $ $ CLANCY DOG BISCUIT CORPORATION Income Statement for Years Ending December and millions dollars Net sales $ $ Less: Cost goods sold Gross profits $ $ Less: Other operating expenses Earnings before interest, taxes, depreciation, and amortization $ $ Less: Accumulated depreciation Earnings before interest and taxes $ $ Less: Interest Earnings before taxes $ $ Less: Taxes Net income $ $ Less: Preferred stock dividends $ $ Net income available common stockholders $ $ Less: Common stock dividends Addition retained earnings $ $ Per share data: Earnings per share $ $ Dividends per share $ $ Book value per share $ $ Market value per share $ $ Prepare a statement cash flows for Clancy Dog Biscuit Corporation. your answers millions dollars. Amounts deducted should indicated with a minus sign. PrevQuestion TotalVisit question mapNext
Use the balance sheet and income statement below:
CLANCY DOG BISCUIT CORPORATION
Balance Sheet December and
millions dollars
Assets Liabilities and Equity
Current assets: Current liabilities:
Cash and marketable $ $ Accrued wages and taxes $ $
Accounts receivable Accounts payable
Inventory Notes payable
Total $ $ Total $ $
Fixed assets: Longterm debt $ $
Gross plant and equipment $ $ Stockholders equity:
Less: Accumulated depreciation Preferred stock thousand shares $ $
Net plant and equipment $ $ Common stock and paid surplus thousand shares
Other longterm assets Retained earnings
Total $ $ Total $ $
Total assets $ $ Total liabilities and equity $ $
CLANCY DOG BISCUIT CORPORATION
Income Statement for Years Ending December and
millions dollars
Net sales $ $
Less: Cost goods sold
Gross profits $ $
Less: Other operating expenses
Earnings before interest, taxes, depreciation, and amortization $ $
Less: Accumulated depreciation
Earnings before interest and taxes $ $
Less: Interest
Earnings before taxes $ $
Less: Taxes
Net income $ $
Less: Preferred stock dividends $ $
Net income available common stockholders $ $
Less: Common stock dividends
Addition retained earnings $ $
Per share data:
Earnings per share $ $
Dividends per share $ $
Book value per share $ $
Market value per share $ $
Prepare a statement cash flows for Clancy Dog Biscuit Corporation. your answers millions dollars. Amounts deducted should indicated with a minus sign.
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