INCOME STATEMENT 2020 revenues (all A/R) 1000 COGS 400 gross profit operating expenses 600 200 EBIT 400 interest expense 200 EBT 200 tax expense 100 net income 100 STATEMENT of RE beginning retained eamings 450 net income 100 dividends 50 ending retained earnings 500 cash 200 A/R 100 inventory 200 current assets 500 long-term assets 2500 total assets 3000 BALANCE SHEET current liabilities 200 long-term liab 1800 total liabilities 2000 common stock 500 retained earnings 500 common equity total liabilities & 0/E 1000 3000
INCOME STATEMENT 2020 revenues (all A/R) 1000 COGS 400 gross profit operating expenses 600 200 EBIT 400 interest expense 200 EBT 200 tax expense 100 net income 100 STATEMENT of RE beginning retained eamings 450 net income 100 dividends 50 ending retained earnings 500 cash 200 A/R 100 inventory 200 current assets 500 long-term assets 2500 total assets 3000 BALANCE SHEET current liabilities 200 long-term liab 1800 total liabilities 2000 common stock 500 retained earnings 500 common equity total liabilities & 0/E 1000 3000
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
Related questions
Question
Calculate the following ratios:
- net profit margin
- gross profit margin
return on assets /ROI return on equity - current ratio
- quick ratio
- debt-to-equity
- times interest earned
Transcribed Image Text:INCOME STATEMENT
2020
revenues (all A/R)
1000
COGS
400
gross profit
600
operating expenses
200
EBIT
400
interest expense
200
EBT
200
tax expense
100
net income
100
STATEMENT of RE
beginning retained eamings
450
net income
100
dividends
50
ending retained earnings
500
cash
200
A/R
100
inventory
200
current assets
500
long-term assets
2500
total assets
3000
BALANCE SHEET
current liabilities
200
long-term liab
1800
total liabilities
2000
common stock
500
retained earnings
500
1000
common equity
total liabilities & 0/E
3000
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