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Use the following information/data to answer the next two questions Marsha 2005 2004 2005 2004 Balance Sheet 900 850 200 Accounts Payables Cash 1,700 150
Use the following information/data to answer the next two questions Marsha 2005 2004 2005 2004 Balance Sheet 900 850 200 Accounts Payables Cash 1,700 150 100 Accounts Receivable 1,400 1,000 Short-term Debt 400 300 Inventory 1800 1,500 Other Current Liabilities 4.900 2700 Total Current Liabilities 1,450 1,250 Total Current Assets Net Fixed Assets 9,500 10,500 Long-term Debt 6,000 5,750 Non-Operating Assets 1100 1300 Non-Operating Liabilities 2,250 2,500 5.800 5,000 Total Equity Total Assets 15,500 14,500 Total Equity and Debt 15,500 14,500 Tax Rate 35% Income Statement Sales 12,000 8,500 COGS SG&A 1000 Depreciation EBIT 1,800 300 Interest Expense Taxes 975 Net Income Dividends
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