How to solve these 2? Answers are provided. But dont know how to do ...

50.1K

Verified Solution

Question

Accounting

imageHow to solve these 2? Answers are provided. But dont know how to do
image
image
$000,000's Financial Statements Grand Trunk Railway Inc. 2015 2016 Pro Forma 2017 5,652 3,823 463 1,366 247 1,119 392 6,110 4,495 499 1,116 277 839 268 571 Total revenues COGS and SG&A Depreciation Earnings Before Interest and Taxes Interest expense Income before income taxes Income tax expense Net income Assets Cash Accounts receivable Inventory Other Total Current Assets Net PP&E Other assets and deferred charges Total assets Liabilities and shareholders' equity Accounts payable and accrued charges 53 645 133 722 127 289 1,163 16,898 863 18,924 318 1,164 16,723 901 18,788 1,487 574 73 2,134 3,825 1,374 163 101 1,638 3,729 1,296 5,764 12,427 3,847 2,514 6,361 18,788 Short-term debt Other 80 Total Current liabilities: Deferred income taxes Other liabilities and deferred credits Long-term debt Total Liabilities Common shares Retained earnings Total Shareholders' Equity Total liabilities and shareholders equity 5,003 12,297 3,865 3,865 6,627 18,924

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students