- Part 2 Of 4 10 Points Print References And Equity Sales Cost Of Goods Sold Gross Profit Selling Expenses 2 Complete The 1 (24.27 KiB) Viewed 3 times
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- Part 2 Of 4 10 Points Print References And Equity Sales Cost Of Goods Sold Gross Profit Selling Expenses 2 Complete The 3 (39.43 KiB) Viewed 3 times
3 Part 3 of 4 10 poires Book References Required information Assets Current assets Long-term investments Plant assels, niet Total assets Liabilities and Equity Current liabilities Common stock Other paid-in capital Ratained eamings Totatables and equity KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2021, 2020 and 2019 2021 2020 N S % % 2019 100.00 % 100.00 100.00 100.00 % 100.00 % 100,00 100.00 100.00 100.00 % Help Save & Exit Submit Check my work
the runwiny mummon applied to the questions payeu veuw.j Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 $ 382,031 $ 292,667 229,983 183,502 152,048 54,248 34,383 88,631 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 109, 165 40,388 25,755 66,143 43,022 63,417 11,796 8,819 $ 51,621 $ 34,203 2021 A $ 25,646 72,000 2019 $ 203, 100 129,984 73,116 26,809 16,857 2020 $ 55,007 $ 61,481 0 114, 178 $ 41,149 1,000 103,770 3,250 62,637 $ 175,659 $ 145,919 $ 120,894 43,666 29,450 5,978 $ 23,472 2019 $ 21,742 72,000 9,000 6,000 9,000 69,013 43,177 39,738 $ 175,659 $ 145,919 $ 120,894 $ 21,156 54,000