KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 $382,031 229,983 152,048 54,248 34,383 88,

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Korbin Company Comparative Income Statements For Years Ended December 31 2021 382 031 229 983 152 048 54 248 34 383 88 1 (48.46 KiB) Viewed 5 times

Korbin Company Comparative Income Statements For Years Ended December 31 2021 382 031 229 983 152 048 54 248 34 383 88 2 (35.76 KiB) Viewed 5 times

Korbin Company Comparative Income Statements For Years Ended December 31 2021 382 031 229 983 152 048 54 248 34 383 88 3 (37.51 KiB) Viewed 5 times

KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 $382,031 229,983 152,048 54,248 34,383 88,631 63,417 11,796 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income Assets Current assets Long-term investments Plant assets, net Total assets KORBIN COMPANY Comparative Balance Sheets December 31 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity 2020 $ 292,667 183,502 43,022 8,819 $ 51,621 $ 34,203 2021 109, 165 40,388 25,755 66,143 $ 61,481 114, 178 $ 175,659 2020 2019 $ 55,007 3,250 62,637 $ 145,919 $ 120,894 2019 $ 203,100 129,984 73,116 26,809 16,857 43,666 29,450 5,978 $ 23,472 $ 41,149 1,000 103,770 $ 25,646 72,000 9,000 69,013 $ 175,659 $ 145,919 $ 21,742 72,000 9,000 43,177 $ 21,156 54,000 6,000 39,738 $ 120,894
es 2. Complete the below table to calculate income statement data in common-size percents. ( decimal places.) KORBIN COMPANY Common-Size Comparative Income Statements For Years Ended December 31, 2021, 2020, and 2019 2021 2020 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income % % % de 2019 % %
Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year. (Re nswers to 2 decimal places.) Assets Current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2021, 2020 and 2019 2021 % % % 2020 % % % % k न 2019 100.00 % 100.00 100.00 100.00 % 100.00 % 100.00 100.00 100.00 100.00 %