Naboo Manufacturing 2019 Balance Sheet Cash Inventories Accounts Receivable Net Fixed Assets Total Assets Interest Earnings Before Tax Taxes Net Income (Earnings After Tax) 10,000 15,000 5,000 30,000 Dividends Retained Earnings 50,000 Naboo Manufacturing 2019 Income Statement Sales 30,000 COGS 15,000 S, G & A 10,000 EBIT 5,000 2,000 3,000 80,000 1,200 1,800 540 1,260 Accounts Payable Notes Payable Long-Term Debt Common Stock ($1 par) Retained Earnings Total Equity Total Liabilities + Owner's Equity 5,000 5,000 10,000 20,000 45,000 5,000 50,000 80,000
Naboo Manufacturing 2019 Balance Sheet Cash Inventories Accounts Receivable Net Fixed Assets Total Assets Interest Earnings Before Tax Taxes Net Income (Earnings After Tax) 10,000 15,000 5,000 30,000 Dividends Retained Earnings 50,000 Naboo Manufacturing 2019 Income Statement Sales 30,000 COGS 15,000 S, G & A 10,000 EBIT 5,000 2,000 3,000 80,000 1,200 1,800 540 1,260 Accounts Payable Notes Payable Long-Term Debt Common Stock ($1 par) Retained Earnings Total Equity Total Liabilities + Owner's Equity 5,000 5,000 10,000 20,000 45,000 5,000 50,000 80,000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 75E
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