Barco Кyan Company Kyan Company Barco Company Company Data from the current year-end balance sheets Data from the current year' s income statement $810,000 $920,200 646,500 17,000 25,404 231,296 4.70 Assets Sales $ 20,000 $ 36,000 38,400 85,040 5,400 350,000 Cost of goods sold Interest expense Income tax expense Net income Basic earnings per share 589,100 7,900 15,569 197,431 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 57,400 136,500 7,350 304,400 5.20 Total assets $498,840 $541,650 Cash dividends per share 3.77 3.94 Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings $ 67,340 $ 92,300 80,800 190,000 160,700 $ 30,800 $ 58,200 63,600 428,000 190,000 111,400 402,500 105,000 246,000 98,350 Common stock, $5 par value 246,000 Total liabilities and equity $498,840 $541,650 Retained earnings 106,529 60,902
Barco Кyan Company Kyan Company Barco Company Company Data from the current year-end balance sheets Data from the current year' s income statement $810,000 $920,200 646,500 17,000 25,404 231,296 4.70 Assets Sales $ 20,000 $ 36,000 38,400 85,040 5,400 350,000 Cost of goods sold Interest expense Income tax expense Net income Basic earnings per share 589,100 7,900 15,569 197,431 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 57,400 136,500 7,350 304,400 5.20 Total assets $498,840 $541,650 Cash dividends per share 3.77 3.94 Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings $ 67,340 $ 92,300 80,800 190,000 160,700 $ 30,800 $ 58,200 63,600 428,000 190,000 111,400 402,500 105,000 246,000 98,350 Common stock, $5 par value 246,000 Total liabilities and equity $498,840 $541,650 Retained earnings 106,529 60,902
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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