Directions in pic 3. Information below comes from the financial statements of...
80.2K
Verified Solution
Question
Accounting
Directions in pic 3. Information below comes from the financial statements of Rosson Comp 20192010 Net Sales Other $246,000 9,000 255,000 $299,000 8,000 Total Revenues300 Cost of Goods Sold S,G&A Expenses. Income Tax Expense Expenses: 138,000 40,000 4,500 25,400 207,900 47,100 0 S 47,100 172,000 44,000 4,000 31 Total E 251,000 Income Before Extraordinary Items..56,000 9,000 S 65,000 Extraordinary Gain (net of tax) Net Income Assets Current Assets: Cash Marketable Securities Accounts Receivable Inventories Prepaid Expenses S 7,500 12,500 1,500 47,500 145,000 1,000 50,000 150,000 5,000 213,500 147,000 30,500 209,000 157,000 Total Current Assets Plant and Equipment (net) Intangibles Total Assets S366,000 Liabilities: Current Liabilities $58,000 S 79,500 22,500 102,000 100,000 202,000 Accounts Payable. Other Accrued Liabiliti 25,000 83,000 90,000 173.000 Total Current Liabiliti Bonds Payable Total Liabilit Stockholders Equity Common Stock(S5 pa) Paid-In Capital in Excess of Par Retained Earnings 130,000 ar20,000 68,000 ss218,000 130,000 20,000 64,000 S366,000 $8.55 14 Total Stockholders' Equity Total Liabilities and Stockholders Equity Common stock market price at year-end $14.00 Dividend payments amounted to $11,000 in 2015 and $5,000 in 2014



Directions in pic 3.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.