Balance sheet. Use the data from the financial statements of a company shown below. The...
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Balance sheet. Use the data from the financial statements of a company shown below. The it to answer the questions that follow it. When answering the questions riting in the bank. DO NOT use dollar signs, USE commas to separate thousands. DO NOT se parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. Round to the nearest dollar 180.00 50.00 Sale Clot of food told Fated co Selles, en und wie se Depreciation LIT INTE 1,000 17 TE Inco Text Die pad 209 600 ASSETS Cart A Cash Recherche Imetrie Total TILITIES Cure 1.00 Accept 6.900 5.Tam L TL 0,00 EQUITY 19.00 wings 11,300 2.000 TO TOTAL LIABILITIES OWNERS EQUITY 50.000 Gross Find Actel depreciati Net Intable TOTAL ASSETS LILTIE KESSETS Cart Att Cach Aconteceable 3,000 3.000 100 Two w 14.000 de 10.000 Talent Grand Acume depreciatim Net and Intangibles ONS EQUITY 69.000 C sodul TOTAL LABILITIES & ONNER'S EQUITY 50.000 TOTAL ASSETS DO NOT use dollar signs, USE commas to separate thousands. DO NOT se parenthesis to denote negative numbers. USE the negative sign and place in front of first dit of your answer when your answer is a negative Amber Round to the newest dollar Net Income in 20167 2. What is amourit for Total Liabilities Owners Equity for 20167 3. What is the current assets in 2015? 4. What is the amount for Retained Earnings in the Balance Sheet in 2016 5 What is the amount for Net Fixed assets in the Balance Sheet in 2015? A 6. What is the amount for Total Owner's Equity in the Blace Sheet for 2015? 7. What is the amount for long terme debt in the Balance Sheet in 2015 Time Left 13:44 Rachel Nelson Attempt Balance sheet. Use the data from the financial statements of a company shown below. Use it to answer the 7 questions that follow it. When answering the questions (filling in the blanks), DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. Round to the nearest dollar. $90,000 54,500 Income Statement year ending 2010 Sales Revenues Cost of goods sold Fixed costs Selling general, and administrative expenses Depreciation EBIT interest Taxable Income Taxes Net Income 18,750 1.000 2.750 *** The rate Dividens paid 2016 600 ASSETS Current Assets Cash Accounts receivable Luventories Total current 1,000 6.800 Partial Balance Sheet 13:312015 LIABILITIES Current Liabilities 1,000 Notes payable Accounts payable 5.000 Total current liabilities Long-term det Total Liabilities 90,000 OWNERS' EQUITY 10,000 Retained earnings Commoa stock Total we's equity Gross Foxed asset Accumulated depreciation Net Fixed assets Intangible assets 11.200 50.000 TOTAL ASSETS TOTAL LIABILITIES & OWNER'S EQUITY 591,000 The comingutxibook simply a cedraming 5.000 10.000 ASSETS Current Assets Cash Accounts receivable Tuveutties Total current assets Gross Fixed assets Accumulated depreciation Net Fixed Asset Totangible sets Total long-term assets Patial Balance sheet 12/31/2016 LIABILITIES Current Liabilities 3,000 Notes payable Accounts payable 3.000 Total current liabilities 14,000 Long-term debit Total liabilities OWNERS' EQUITY 69,000 Retained in Common stock 69.000 Total esity TOTAL LIABILITIES OWNER'S EQUITY 5.000 TOTAL ASSETS 62"FM DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. Round to the nearest dollar. Net Income in 2016? A/ 2. What is amount for Total Liabilities & Owner's Equity for 2016? A 3. What is the current assets in 2015? 4. What A/ is the amount for Retained Earnings in the Balance Sheet in 2016? A 5. What is the amount for Net Fixed assets in the Balance Sheet in 2015? 6. What is the amount for Total Owner's Equity in the Balance Sheet for 2015? A 7. What is the amount for Long-Term debt in the Balance Sheet in 2015? A/



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