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Using the information provided, create an income statement, balance sheet, and cash flow statement. GIVEN DATA: 2016 2017 Cost of Goods Sold 201,943 252,768 Cash
Using the information provided, create an income statement, balance sheet, and cash flow statement.
GIVEN DATA: | ||
2016 | 2017 | |
Cost of Goods Sold | 201,943 | 252,768 |
Cash | 30,629 | 32,567 |
Depreciation | 56,876 | 64,826 |
Interest expense | 13,130 | 14,925 |
Selling & Administrative Expenses | 43,130 | 53,753 |
Accounts Payable | 52,910 | 58,998 |
Net Fixed Assets | 262,617 | 314,625 |
Sales | 403,456 | 485,832 |
Accounts Receivable | 21,524 | 27,652 |
Notes Payable | 24,308 | 26,915 |
Long-term Debt | 129,342 | 144,570 |
Inventory | 45,785 | 58,425 |
Tax Rate | 35% | 35% |
Dividend Payout % | 50% | 50% |
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