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A B с D E F G H 123456789 ($ thousan Cash and cas $ Following is selected year-end financial information for Tilly's, Inc. Dec. 31 77,151 Cash flow fro 40,077 Cost of good! 475,851 Total liabilitie 425,413 Total assets 601,304 10 Cash flow fro (30,743) 11 Sales revenu 681,230 12 Cash flow fro (7,160) 13 180,495 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Other expens Prepare a multiple-step income statement, balance sheet, and statement of cash flows for the year-end in good form. NOTE: Only use a negative sign with your answers, if shown with a negative sign in the above table. TILLY'S, INC. Income Statement fear Ended December 3 ($ thousands) Sales revenu $ 681,230 Cost of goods 475,851 Gross profit $ 205,379 Other expens 180,495 Net income S 24.884 TILLY'S, INC. Balance Sheet December 31, Year 1 ($ thousands) $ 34 35 Total assets $ 601,304 36 $ 37 38 39 40 41 42 43 Total liabilities TILLY'S, INC. Statement of Cash Flows Year Ended December 3 ($ thousands) 44 45 46 47 Change in ca 48 49 S

A B с D E F G H 123456789 ($ thousan Cash and cas $ Following is selected year-end financial information for Tilly's, Inc. Dec. 31 77,151 Cash flow fro 40,077 Cost of good! 475,851 Total liabilitie 425,413 Total assets 601,304 10 Cash flow fro (30,743) 11 Sales revenu 681,230 12 Cash flow fro (7,160) 13 180,495 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Other expens Prepare a multiple-step income statement, balance sheet, and statement of cash flows for the year-end in good form. NOTE: Only use a negative sign with your answers, if shown with a negative sign in the above table. TILLY'S, INC. Income Statement fear Ended December 3 ($ thousands) Sales revenu $ 681,230 Cost of goods 475,851 Gross profit $ 205,379 Other expens 180,495 Net income S 24.884 TILLY'S, INC. Balance Sheet December 31, Year 1 ($ thousands) $ 34 35 Total assets $ 601,304 36 $ 37 38 39 40 41 42 43 Total liabilities TILLY'S, INC. Statement of Cash Flows Year Ended December 3 ($ thousands) 44 45 46 47 Change in ca 48 49 S

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A B с D E F G H 123456789 ($ thousan Cash and cas $ Following is selected year-end financial information for Tilly's, Inc. Dec. 31 77,151 Cash flow fro 40,077 Cost of good! 475,851 Total liabilitie 425,413 Total assets 601,304 10 Cash flow fro (30,743) 11 Sales revenu 681,230 12 Cash flow fro (7,160) 13 180,495 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Other expens Prepare a multiple-step income statement, balance sheet, and statement of cash flows for the year-end in good form. NOTE: Only use a negative sign with your answers, if shown with a negative sign in the above table. TILLY'S, INC. Income Statement fear Ended December 3 ($ thousands) Sales revenu $ 681,230 Cost of goods 475,851 Gross profit $ 205,379 Other expens 180,495 Net income S 24.884 TILLY'S, INC. Balance Sheet December 31, Year 1 ($ thousands) $ 34 35 Total assets $ 601,304 36 $ 37 38 39 40 41 42 43 Total liabilities TILLY'S, INC. Statement of Cash Flows Year Ended December 3 ($ thousands) 44 45 46 47 Change in ca 48 49 S
Transcribed Image Text:A B с D E F G H 123456789 ($ thousan Cash and cas $ Following is selected year-end financial information for Tilly's, Inc. Dec. 31 77,151 Cash flow fro 40,077 Cost of good! 475,851 Total liabilitie 425,413 Total assets 601,304 10 Cash flow fro (30,743) 11 Sales revenu 681,230 12 Cash flow fro (7,160) 13 180,495 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Other expens Prepare a multiple-step income statement, balance sheet, and statement of cash flows for the year-end in good form. NOTE: Only use a negative sign with your answers, if shown with a negative sign in the above table. TILLY'S, INC. Income Statement fear Ended December 3 ($ thousands) Sales revenu $ 681,230 Cost of goods 475,851 Gross profit $ 205,379 Other expens 180,495 Net income S 24.884 TILLY'S, INC. Balance Sheet December 31, Year 1 ($ thousands) $ 34 35 Total assets $ 601,304 36 $ 37 38 39 40 41 42 43 Total liabilities TILLY'S, INC. Statement of Cash Flows Year Ended December 3 ($ thousands) 44 45 46 47 Change in ca 48 49 S
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