50.1K

Verified Solution

Link Copied!

Old MathJax webview

Old MathJax webview

Old MathJax webview

Zaid CORPORATION For the Year Ended December 31,3070 2000 Cost of poods Gros pro Selling med mere expe Deprecen expert Een before 000 00 mo 30000 90.000 200.000 30.000 160.000 10 10 S150.000 120000 13 Ering Preferred to dividende Faming able to common stockholders Share outstanding Earnings per share Statement of Retained Earnings For the Year Ended December 31, 2010 Reted balance 1.2008 Add Emming salable to common stockholders, 2008 Deduct Cash dividends declared and paid in 2008 Retained earning balance, December 31, 2008 $500.000 150.000 50 000 5600 000 Comparative Balance Sheets For 2007 and 2008 Year End Year End 2019 Assets Current assets Cash Accounts recevable(t) $70,000 300.000 410.000 Inventory 330.000 30.000 2.000.000 S100.000 350,000 00.000 30.000 910.000 70.000 100 000 1.150.000 0.000 SO 5.440.000 100 000 Prepaid expenses Total current Investment Conter securities Plant and equipment Les Accumulated depreciation Net plant and equipment Total assets Liabilities and Stockholders' Equity Current abilities Accounts payable Notes payable Accred expenses Total current list Long term liabilities Boods payable 2008 Total listi Stockholders' equity Preferred stock 5100 par value Common stock, Si pavalo Capital and in excess of par Rued caring Total stockholde equity Total llits and stockholders equity 5250.000 100 000 2000 20.000 190.000 2010 1.010.000 90.000 90.000 120 000 410.000 90.000 120.000 410 000 500.000 HARMA S. Prepare a statement of cash flows for the Zaid Corporation ZA CORPORATION Income Statement For the Year Ended December 31, 2020 Sales Cost of goods sold Gross profits Selling and administrative pense Deprecatione Operating income Interest expense Exmex before acces Tas Earnings after taxes Preferred stock dividends Earnings valable to common stockholders Share outstanding Earnings per share $2,200,000 00000 900,000 190.000 150309 330,000 90.000 240.000 80.000 160.000 10.000 3.150.000 120.000 $ 123 Statement of Retained Earnings For the Year Ended December 31, 2020 Ratuned earnings, balance, Jamary 1, 2008 Add: Earnings available to common stockholders, 2008 Deduct Cash dividends declared and paid in 2008 Retained earning balance, December 31, 2008 $500,000 150.000 50 000 $600,000 Comparative Balance Sheets For 2007 and 2005 Anet Your Ead 2019 Year End 2020 Current Cash Accounts receivable (net) Inventory Prepaid expense Total cases Investment dong-term securities) Plant and equipment Less: Accumulated depreciation Net plant and equipment Totalas $20.000 300,000 410.000 150.000 830.000 30.000 2,000,000 ORG $100,000 350.000 430,000 30.000 910.000 70,000 2.400.000 150.000 1.250.000 Liabilities and Stockholders' Equity $190.000 5 250.000 400.000 70.000 120.000 $ 440.000 400.000 50.00 390.000 Current liabilities Accounts payable Notes payable Accred expenses Total cura liblities Long term liabilities Bonds payable 2008 Stockholders any Preferred stock, 5100 par value Como stock. Si par value Capital paid of Red Total stockholden- Total sockholders 20.000 90.000 120.009 LO10.000 90.000 130.000 410.000 500.000 90.000 120.000 410.000 Zaid CORPORATION For the Year Ended December 31,3070 2000 Cost of poods Gros pro Selling med mere expe Deprecen expert Een before 000 00 mo 30000 90.000 200.000 30.000 160.000 10 10 S150.000 120000 13 Ering Preferred to dividende Faming able to common stockholders Share outstanding Earnings per share Statement of Retained Earnings For the Year Ended December 31, 2010 Reted balance 1.2008 Add Emming salable to common stockholders, 2008 Deduct Cash dividends declared and paid in 2008 Retained earning balance, December 31, 2008 $500.000 150.000 50 000 5600 000 Comparative Balance Sheets For 2007 and 2008 Year End Year End 2019 Assets Current assets Cash Accounts recevable(t) $70,000 300.000 410.000 Inventory 330.000 30.000 2.000.000 S100.000 350,000 00.000 30.000 910.000 70.000 100 000 1.150.000 0.000 SO 5.440.000 100 000 Prepaid expenses Total current Investment Conter securities Plant and equipment Les Accumulated depreciation Net plant and equipment Total assets Liabilities and Stockholders' Equity Current abilities Accounts payable Notes payable Accred expenses Total current list Long term liabilities Boods payable 2008 Total listi Stockholders' equity Preferred stock 5100 par value Common stock, Si pavalo Capital and in excess of par Rued caring Total stockholde equity Total llits and stockholders equity 5250.000 100 000 2000 20.000 190.000 2010 1.010.000 90.000 90.000 120 000 410.000 90.000 120.000 410 000 500.000 HARMA S. Prepare a statement of cash flows for the Zaid Corporation ZA CORPORATION Income Statement For the Year Ended December 31, 2020 Sales Cost of goods sold Gross profits Selling and administrative pense Deprecatione Operating income Interest expense Exmex before acces Tas Earnings after taxes Preferred stock dividends Earnings valable to common stockholders Share outstanding Earnings per share $2,200,000 00000 900,000 190.000 150309 330,000 90.000 240.000 80.000 160.000 10.000 3.150.000 120.000 $ 123 Statement of Retained Earnings For the Year Ended December 31, 2020 Ratuned earnings, balance, Jamary 1, 2008 Add: Earnings available to common stockholders, 2008 Deduct Cash dividends declared and paid in 2008 Retained earning balance, December 31, 2008 $500,000 150.000 50 000 $600,000 Comparative Balance Sheets For 2007 and 2005 Anet Your Ead 2019 Year End 2020 Current Cash Accounts receivable (net) Inventory Prepaid expense Total cases Investment dong-term securities) Plant and equipment Less: Accumulated depreciation Net plant and equipment Totalas $20.000 300,000 410.000 150.000 830.000 30.000 2,000,000 ORG $100,000 350.000 430,000 30.000 910.000 70,000 2.400.000 150.000 1.250.000 Liabilities and Stockholders' Equity $190.000 5 250.000 400.000 70.000 120.000 $ 440.000 400.000 50.00 390.000 Current liabilities Accounts payable Notes payable Accred expenses Total cura liblities Long term liabilities Bonds payable 2008 Stockholders any Preferred stock, 5100 par value Como stock. Si par value Capital paid of Red Total stockholden- Total sockholders 20.000 90.000 120.009 LO10.000 90.000 130.000 410.000 500.000 90.000 120.000 410.000

Answer & Explanation Solved by verified expert

See Answer