- Assets Cash Marketable Securities Accounts Receivable Inventory Pre Paid Expenses Total Current Assets Long Term Assets 1 (57.48 KiB) Viewed 31 times
- Assets Cash Marketable Securities Accounts Receivable Inventory Pre Paid Expenses Total Current Assets Long Term Assets 2 (46.63 KiB) Viewed 31 times
Assets Cash Marketable Securities Accounts Receivable Inventory Pre-Paid Expenses Total Current Assets Long-Term Assets Total Assets Current Year Prior Year Change $1,500,000 $3,000,000 (S1,500,000) $1.500,000 $3.200.000 (S1,700,000) $57,000,000 $44,000,000 $13,000,000 S106,000,000 $99,000,000 $7,000,000 $8,400,000 $11,000,000 (52,600,000) $174.400,000 $160,200,000 $14.200,000 S148,000,000 $154,000,000 (S6,000,000) $322,400,000 $314,200,000 $8,200,000 Liabilities Current Year Prior Year Change Accounts Payable 58.716,000 S6,400,000 $2,316,000 Short-Term Debt $102,000,000 $105,000,000 ($3,000,000) Total Current Liabilities S110,716,000 S111,400,000 (5684,000) Long-Term Debt (8%) S115,000,000 S111,000,000 $4,000,000 Total Liabilities $225,716,000 $222,400,000 $3,316,000 Common Stock (S1 Par) $2,000,000 $2,000,000 SO Paid-In Capital $65,000,000 $65,000,000 SO Retained Earnings $29,684,000 $24,800,000 $4,884,000 Total Equity $96,684,000 $91,800,000 $4,884,000 Total Liabilities and Equity S322,400,000 $314,200,000 $8,200,000 8. What were Dylan's cash receipts during the year? a. S307,000,000 b. $320,000,000 c. $323.000.000 d. $424,000,000 e. S482,000,000
Income Statement Net Sales S320.000.000 Less: Cost of Goods Sold |S162,000,000 Gross Profit S158,000,000 Less: Operating Expenses S120,000,000 Less: Depreciation S11,000,000 Operating Profit $27,000,000 Less: Interest Expense $8,500,000 Net Profit Before Taxes S18,500,000 Less: Taxes S6,290,000 Net Income $12,210,000 Earnings Available to Common S12.210,000 Dividends Paid (60% of EAC) $7,326,000 Addition to Retained Earnings $4,884,000 Earnings Per Share $6.11