hello! my professor provided a template for this homework i have but im still confused...
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Accounting
hello! my professor provided a template for this homework i have but im still confused on how to properly structure everything. could somebody please help me?
Cost of goods sold Cash Depreciation Interest expense Selling & Administrative Accounts payable Fixed assets Sales Accounts receivable Notes payable Long-term debt Inventory New equity Tax rate Dividend percentage $ 2018 224,359 $ 32,372 63,334 13,783 44,121 57,220 279,419 440,122 22,939 26,079 141,040 48,272 21% 50% 2019 283,281 34,394 71,584 15,780 57,586 63,479 348,508 536,483 29,755 28,474 158,368 66,244 27,157 2019 Income Statement Saks Cost of goods sold Selling & Administrative Depreciation EBIT Interest EBT Taxes Net income Dividends Addition to retained earnings Cash Accounts receivable Inventory Current assets Net fixed assets Total assets Balance sheet as of Dec. 31, 2019 Accounts payable Notes payable Current liabilities Long-term debt Owners' equity Total liab. & equity Cash Flow from Assets Operating cash flow - Net capital spending -Change in NWC Cash flow from assets Cash Flow to Creditors Interest paid -Net New Borrowing Cash flow to Creditors
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