What is the firm's net income for the current year? Round to 0.0 decimal ...
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Accounting
What is the firm's net income for the current year? Round to 0.0 decimal
Category Prior year Current year
Accounts payable 41,400 45,000
Accounts receivable 115,200 122,400
Accruals 16,200 13,500
Additional paid in capital 200,000 216,660
Cash ??? ???
Common Stock @ par value 37,600 42,000
COGS 131,400 173,014.00
Depreciation expense 21,600 23,413.00
Interest expense 16,200 16,898.00
Inventories 111,600 115,200
Long-term debt 135,000 139,849.00
Net fixed assets 377,881.00 399,600
Notes payable 59,400 64,800
Operating expenses (excl. depr.) 50,400 68,008.00
Retained earnings 122,400 136,800
Sales 255,600 335,006.00
Taxes 9,900 18,517.00
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