Answer Happy

22 S Presented below are the Santana Industries. SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2013 ($ in thousands) $15,250 Sales revenue 4,400 Service revenue $19,650 Total revenue Operating expenses: Cost of goods sold 7,700 2,900 Selling General and 2,000 administrative Total operating 12,600 expenses Operating income Interest expense 7,050 250 Income before income taxes 6,800 Income tax expense 3,000 Net income $3,800
History File Edt View Question 3-Proctering Enat X petoroctorio.com/secured oring Enabled: Final Exam-FARI Assets: Cash Accounts receivable Inventory Prepaid rent Plant and equipment Less Accumulated depreciation $26,450 $17,250 Total assets Liabilities and Shareholders' Equity: Accounts payable $ 2,400 $ 1,600 interest payable 150 0 Unearned service revenue 900 650 Income taxes payable 600 900 Loan payable (due 12/31/2015) 6,000 0 Common stock 10,500 10,500 Retained earnings 5,900 3,600 Total liabilities and shareholders' equity $26,450 $17,250 Additional information for the 2013 fiscal year ($ in thousands): 1 Cash dividends of $1,500 were declared and paid. 2. Equipment costing $5,000 was purchased with cash. 3. Equipment with a book value of $1,000 (cost of $2,500 less accumulated dep of $1,500) was sold for $1.000. < Prev 3 of 3 2 tv MacBook P & n 3 E lockdown Balance Sheet Information ($ in thousands) Dec 31, 2013 $ 7,850 3,500 5,000 200 15,500 (5,600) 80 New Tale 4 R % 5 6 Dec. 31, 2012 $ 2,650 2,700 3,500 400 13,000 (5,000) Seved 7
-Proctoring Enabl torio.com/securedalockdown abled: Final Exam-FARII Cash flows from operating activities Adjustments for noncash effects Changes in operating assets and liabilities Net cash flows from operating activities Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities Net cash flows from financing activities Cash, January 1 Cash, December 31 #3 For the Year Ended December 31, 2013 (5 in thousands) 20 4 NE MA 000 000 45 $ < Prev # 0 0 3 of 3 tv MacBook Saved 6