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I'm looking for some help filling in the missing Income Statement and Balance Sheet information...

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Accounting

I'm looking for some help filling in the missing Income Statement and Balance Sheet information below:

Income Statement:

Sales 1,000,000

Cost of goods sold ??

Depreciation 100,000

SG&A expense ??

EBIT ??

Interest expense 50,000

Tax expense 20,000

Net income ??

Balance Sheet:

Cash 100,000 Accounts Payable 100,000

Accounts Receivable 50,000 Other current liabilities ???

Inventory ??? Total current liabilities ???

Current Assets ??? Long term debt 100,000

Fixed Assets 200,000 Total Liabilities ???

Intangible Assets 0 Total equity ???

Total Assets ???

Notable financial ratios:

Cost of goods sold/revenue: 70%

SG&A expenses/revenue: 10%

Current ratio: .73333333

Inventory turns: 10

Dividend yield: 5%

Price earnings ratio: 20

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