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Using the table below create SinCo's Income Statement for 2013 and 2014. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2017
Using the table below create SinCo's Income Statement for 2013 and 2014.(Do not round intermediate calculations. Round your answer to 2 decimal places.)
2017 | 2018 | |
---|---|---|
Revenue | $4,000 | 5350 |
Cost of Good Sold | 1,600 | 2,354 |
Depreciation | 500 | 527 |
Inventory | 300 | 348 |
SG&A | 500 | 516 |
Interest Expenses | 150 | 186 |
Common Stock and Paid-in Capital | 2,200 | 2,200 |
Federal and State Taxes (35% of EBT) | 400 | |
Accounts Payable | 300 | 325 |
Accounts Receivable | 400 | 441 |
Net Fixed Assets | 5,000 | 5490 |
Retained Earnings (Balance Sheet) | 1,000 | |
Long-Term Debt | 2,000 | 2641 |
Notes Payable | 1,000 | 1080 |
Dividends Paid | 410 | 410 |
Cash | 800 |
What is SinCo's EBITDA for 2014? | |
What is SinCo's EBIT for 2014? | |
What is SinCo's Net Income for 2014? |
Now uses the above table to create a Balance Sheet for 2013 and 2014
What is SinCo's 2014 Retained Earnings | |
What is Total Liabilities and Shareholders Equity | |
What is SinCo's Total Assets | |
What is SinCo's 2014 Cash | |
What is SinCo's 2014 Total Current Assets |
I would only like help on the bottom portion.Balance Sheet requirements.
1.) 2014 Retained earnings
2.) Total Liabilities and Shareholders Equity
3.) SinCo's Total Assets
4.) 2014 cash
5.) 2014 Total Current Assets
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