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3- Total assets for the year 2013 is: O a) $6,766 O b) $6,323 O C) $5,687 O d) $7,766 O e) None of the above 4- Total current liabilities amount for the year 2014 is: * O a) $536 O b) $424 O c) $622 O d) S666 O e) None of the above

3- Total assets for the year 2013 is: O a) $6,766 O b) $6,323 O C) $5,687 O d) $7,766 O e) None of the above 4- Total current liabilities amount for the year 2014 is: * O a) $536 O b) $424 O c) $622 O d) S666 O e) None of the above

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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2014 55.00 2013 Lease expense 55.00 Plant & Equipment 5,170.00 4,910.00 Long term debt 3,220.00 3,122.00 Common stock 1,550.00 1,300.00 Additional paid in capital 572.00 542.00 Accumulated depreciation 170.00 136.00 Land 350.00 270.00 Accounts Payable 380.00 300.00 Notes payable 44.00 25.00 Other current liabilities 242.00 211.00 Depreciation expense 34.00 30.00 Selling and G&A expenses 765.00 632.00 Sales 6,000.00 4,250.00 Cost of goods sold 3,300.00 2,550.00 Fixed expenses 100.00 100.00 130.00 110.00 Interest expense Cash 121.00 80.00 370.00 347.00 Accounts receivable 925.00 752.00 Inventory Retained earnings 758.00 723.00 35% 35% Tax rate
Transcribed Image Text:2014 55.00 2013 Lease expense 55.00 Plant & Equipment 5,170.00 4,910.00 Long term debt 3,220.00 3,122.00 Common stock 1,550.00 1,300.00 Additional paid in capital 572.00 542.00 Accumulated depreciation 170.00 136.00 Land 350.00 270.00 Accounts Payable 380.00 300.00 Notes payable 44.00 25.00 Other current liabilities 242.00 211.00 Depreciation expense 34.00 30.00 Selling and G&A expenses 765.00 632.00 Sales 6,000.00 4,250.00 Cost of goods sold 3,300.00 2,550.00 Fixed expenses 100.00 100.00 130.00 110.00 Interest expense Cash 121.00 80.00 370.00 347.00 Accounts receivable 925.00 752.00 Inventory Retained earnings 758.00 723.00 35% 35% Tax rate
3- Total assets for the year 2013 is: * O a) $6,766 b) $6,323 O c) $5,687 O d) $7,766 e) None of the above 4- Total current liabilities amount for the year 2014 is: * O a) $536 O 5) $424 O c) S622 O d) $666 O e) None of the above O O O O O O O O O O
Transcribed Image Text:3- Total assets for the year 2013 is: * O a) $6,766 b) $6,323 O c) $5,687 O d) $7,766 e) None of the above 4- Total current liabilities amount for the year 2014 is: * O a) $536 O 5) $424 O c) S622 O d) $666 O e) None of the above O O O O O O O O O O
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