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You are given the partial income statement and balance sheets below, as well as information concerning certain performance measurements on page 2. (If the performance

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You are given the partial income statement and balance sheets below, as well as information concerning certain performance measurements on page 2. (If the performance measurements use balance sheet data, the measurements are based on 12/31/15 data.) Fill in all missing data in the income statement and balance sheets. On page 3, calculate the 2015 statement of cash flows. INCOME STATEMENT. 2015 Revenues COGS 600 50 Expenses EXCLUDING Interest EBIT Interest EBT Tax @ 40% Net Income BALANCE SHEET, 12/31/15 BALANCE SHEET, 12/31/14 30 40 50 Cash A/R Inventory Current Assets 150 900 50 750 Gross PP&E Accum. Depre Net PP&E 200 800 Total Assets 900 10 10 A/P Accruals Short Term Debt Current Liab. 30 20 50 100 100 300 400 350 Total Liabilities 450 Par+Proceeds>Par Retained Earnings Tot. Com. Equity Dividend per Share 100 400 500 # of Common Sh 100 100

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