1- Key Statistics: (OMIT ALL ZEROS 000); if none, leave blank Income Statement (2020) Current Year 406,785 (201G) Prior Year Increase(Decreas. 297,897 200, 612 Sales/Revenue 2구6,310 Cost of Goods Sold Gross Income 130,475 (52,752) 97,285 (12,443) Net Income Balance Sheet End of Increass (Decrая End of Current Year Prior Year Cash & Short-term investments |s9,127 275,988 Total Accounts Reccivable 35,975 40, 090 arcatories 12, 귀구 81,596 Total Current Assets 332,226 Net Property, Plant & Equipment (29,869 403, 594 47/4구 니 Intangible Assets Total Assets 4 SI,923 26,923 ५०४,००० Accounts Payable 53,071 88,967 4구,697 Total Current Linbilities Total Liabilities 100,909 67,833 Total Shareholders' Equity 367,097 384,090 Asset Composition: End of Current Year Largest Assets: (from above) % of Total Assets 1. 2.
1- Key Statistics: (OMIT ALL ZEROS 000); if none, leave blank Income Statement (2020) Current Year 406,785 (201G) Prior Year Increase(Decreas. 297,897 200, 612 Sales/Revenue 2구6,310 Cost of Goods Sold Gross Income 130,475 (52,752) 97,285 (12,443) Net Income Balance Sheet End of Increass (Decrая End of Current Year Prior Year Cash & Short-term investments |s9,127 275,988 Total Accounts Reccivable 35,975 40, 090 arcatories 12, 귀구 81,596 Total Current Assets 332,226 Net Property, Plant & Equipment (29,869 403, 594 47/4구 니 Intangible Assets Total Assets 4 SI,923 26,923 ५०४,००० Accounts Payable 53,071 88,967 4구,697 Total Current Linbilities Total Liabilities 100,909 67,833 Total Shareholders' Equity 367,097 384,090 Asset Composition: End of Current Year Largest Assets: (from above) % of Total Assets 1. 2.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Based on the information in the image, calculate the percentage+ dollar increase for each row and list the 3 largest assets, including the dollar ($) amount and percentage (%) increase.
![1- Key Statistics: (OMIT ALL ZEROS 000: if none, leave blank
Income Statement
(2020)
Current Year
(201G)
Prior Year
Increase(Decrease)
406,785
297,897
Sales/Revenue
Cost of Goods Sold
276,310
200, 612
9구,285
(12,443)
Gross Income
130,475
(52,752)
Net Income
Balance Sheet
End of
End of
Increase (Decrease)
Current Year
Prior Year
Cash & Short-term investments
ISq,12구
275,988
Total Accounts Reccivable
35,975
40, 090
entories
121, 귀구
81,596
Total Current Assets
332,226
Net Property, Plant & Equipment i29,869
403, 594
니구/4구 니
Intangible Assets
Total Assets
4 SI, 923
26,923
468,006
Accounts Payable
53,071
88,967
47,697
Total Current Liabilities
100,90a
67,833
Total Liabilities
Total Shareholders' Equity
367,097
384,090
Asset Composition:
End of Current Year
Largest Assets: (from above)
% of Total Assets
1.
2.
3.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F863779a1-7705-4b9e-9ef9-cd4ef1904411%2F896a1a07-4e35-47e1-b7f6-ad3e6f667c42%2F4ptsiw_processed.png&w=3840&q=75)
Transcribed Image Text:1- Key Statistics: (OMIT ALL ZEROS 000: if none, leave blank
Income Statement
(2020)
Current Year
(201G)
Prior Year
Increase(Decrease)
406,785
297,897
Sales/Revenue
Cost of Goods Sold
276,310
200, 612
9구,285
(12,443)
Gross Income
130,475
(52,752)
Net Income
Balance Sheet
End of
End of
Increase (Decrease)
Current Year
Prior Year
Cash & Short-term investments
ISq,12구
275,988
Total Accounts Reccivable
35,975
40, 090
entories
121, 귀구
81,596
Total Current Assets
332,226
Net Property, Plant & Equipment i29,869
403, 594
니구/4구 니
Intangible Assets
Total Assets
4 SI, 923
26,923
468,006
Accounts Payable
53,071
88,967
47,697
Total Current Liabilities
100,90a
67,833
Total Liabilities
Total Shareholders' Equity
367,097
384,090
Asset Composition:
End of Current Year
Largest Assets: (from above)
% of Total Assets
1.
2.
3.
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