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ort Php 600 les Co P 1. Using the following accounts from the retail store, A-Mart Incorporated's statement for the year ending in December 31, 2013, answer the questions below. Note that all figures are in milions. Show your solutions. Cost of goods sold Lease Payments 30 Advertising 20 Taxes 35 Repairs and maintenance expenses 40 Management salaries 100 Net Sales 1000 Depreciation 60 A-Mart's gross profit is b. A-Mart's operating profit is C. A-Mart's complete Income Statement ti a. Ir C II. Using the following accounts from A-Mart, Incorporated's balance sheet for the year ending December 31, answer the questions below. Note that all figures are millions. Php 60 300 40 200 900 Current Portion of L.T. Debt Leasehold improvements Accrued expenses Accumulated depreciation Gross fixed assets Accounts Payable Inventories Common Stock (Php1.00 par) Short-term bank loan Net Accounts receivable Long-term bank loan Cash Returned earnings a. A-Mart's current assets are b. A-Mart's current liabilities are C. A-Mart's total assets d. A-Mart's total liabilities e. A-Mart's total stockholder's equity f. A-Mart's Balance Sheet for year 2013 90 190 400 20 100 200 600 120 200 III. Perform a Hodontal and Vertical Analyses using A-Mart's Income Statement

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