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  1. business
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  3. year 2 $ 12,800 in thousands cash accounts receiva

Year 2 $ 12,800 In thousands Cash Accounts receivable Inventory Marketable securities S 10,300 14,700...

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Accounting

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Year 2 $ 12,800 In thousands Cash Accounts receivable Inventory Marketable securities S 10,300 14,700 14,200 8,700 77,500 $128.700 $125.400 13,750 16,700 12,950 Equipment, net Total asscts Accounts payable 11,000 14,000 Income taxes payable Common stock 9,650 54,750 2 58,500 Retained earnings -$4,200 $128.700 Total liabilities & shareholders' equity $125.400 Sales $147,000 42,000 14,700 24,000 23.000 $ 43.300 $137,400 48,000 12,800 24,500 Cost of goods sold Depreciation expense Other operating expenses Income taxes expense Net income 33.900 A. Prepare common-size income statements for llinois Company for bo Explain the change in return on sales for Illinois Company. th years B. How can common-size statements make financial statement analysis easier than examining dollar-value statements? 2 34. A partial balance sheet for JR Company appears below. (1 pt.)

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