E1-23A. (Learning Objective 4: Identify financial statement by type of information) ButlerTech, Inc., is expanding into India. The company must decide where to locate and how tofinance the expansion. Identify the financial statement where these decision makers can findthe following information about Butler Tech, Inc. In some cases, more than one statement willreport the needed data.a. Revenueb. Common stockc. Current liabilitiesd. Long-term debte. Dividendsf. Ending cash balanceg. Adjustments to reconcile net income tonet cash provided by operationsh. Cash spent to acquire the buildingi. Income tax expensej. Ending balance of retained earningsk. Selling, general, and administrativeexpensel. Total assetsm. Net incomen. Income tax payable
E1-23A. (Learning Objective 4: Identify financial statement by type of information) Butler
Tech, Inc., is expanding into India. The company must decide where to locate and how to
finance the expansion. Identify the financial statement where these decision makers can find
the following information about Butler Tech, Inc. In some cases, more than one statement will
report the needed data.
a. Revenue
b. Common stock
c. Current liabilities
d. Long-term debt
e. Dividends
f. Ending cash balance
g. Adjustments to reconcile net income to
net cash provided by operations
h. Cash spent to acquire the building
i. Income tax expense
j. Ending balance of retained earnings
k. Selling, general, and administrative
expense
l. Total assets
m. Net income
n. Income tax payable
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 3 images
