Sales Revenue Less: Cost of Goods Sold Gross Profits Less: Operating Expenses Operating Profits Less: Interest Expense Net Profits Before Taxes Less: Taxes (40%) Net Profits After Taxes Assets Cash Accounts receivable Inventories Income Statement Pulp, Paper and Paperboard, Inc. For the Year Ended December 31, 2019 Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and stockholders' equity Current liabilities Accounts payable Notes payable Accruals Total current liabilities Long-term debts Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Calculate the following: NP, GP Balance Sheet Pulp, Paper and Paperboard, Inc. December 31, 2019 $2,080,976 1.701.000 Current Ratio - Quick Ratio Receivable days - Payable days $ 379,976 273.846 $ 106,130 19.296 S 86,834 34,810 S 52,024 $ 95,000 237,000 243.000 $ 575,000 500,000 75.000 $425,000 $1.000.000 $ 89,000 169,000 87.000 $ 345,000 188.000 $ 533,000 255,000 212.000 Pulp, Paper and Paperboard, Inc. had 25,500 common stocks outstanding in December 31, 2019 selling at $20 per share $467.000 $1.000.000

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
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Sales Revenue
Less: Cost of Goods Sold
Gross Profits
Less: Operating Expenses
Operating Profits
Less: Interest Expense
Net Profits Before Taxes
Less: Taxes (40%)
Net Profits After Taxes
Assets
Cash
Income Statement
Pulp, Paper and Paperboard, Inc.
For the Year Ended December 31, 2019
Accounts receivable
Inventories
Total current assets
Gross fixed assets
Less: Accumulated depreciation
Net fixed assets
Total assets
Liabilities and stockholders' equity
Current liabilities
Balance Sheet
Pulp, Paper and Paperboard, Inc.
December 31, 2019
Accounts payable
Notes payable
Accruals
Total current liabilities
Long-term debts
Total liabilities
Stockholders' equity
Common stock
Retained earnings
Total stockholders' equity
Total liabilities and stockholders' equity
Calculate the following:
NP, GP
$2,080,976
1,701,000
$ 379,976
273,846
$ 106,130
19,296
S 86,834
34,810
S 52,024
Current Ratio - Quick Ratio
Receivable days - Payable days
$ 95,000
237,000
243.000
$ 575,000
500,000
75.000
$ 425,000
$1.000.000
$ 89,000
169,000
87.000
$ 345,000
188,000
$ 533,000
255,000
212.000
Paper and Paperboard, Inc. had 25,500 common stocks outstanding in December 31, 2019
selling at $20 per share
$467.000
$1.000.000
Transcribed Image Text:Sales Revenue Less: Cost of Goods Sold Gross Profits Less: Operating Expenses Operating Profits Less: Interest Expense Net Profits Before Taxes Less: Taxes (40%) Net Profits After Taxes Assets Cash Income Statement Pulp, Paper and Paperboard, Inc. For the Year Ended December 31, 2019 Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and stockholders' equity Current liabilities Balance Sheet Pulp, Paper and Paperboard, Inc. December 31, 2019 Accounts payable Notes payable Accruals Total current liabilities Long-term debts Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Calculate the following: NP, GP $2,080,976 1,701,000 $ 379,976 273,846 $ 106,130 19,296 S 86,834 34,810 S 52,024 Current Ratio - Quick Ratio Receivable days - Payable days $ 95,000 237,000 243.000 $ 575,000 500,000 75.000 $ 425,000 $1.000.000 $ 89,000 169,000 87.000 $ 345,000 188,000 $ 533,000 255,000 212.000 Paper and Paperboard, Inc. had 25,500 common stocks outstanding in December 31, 2019 selling at $20 per share $467.000 $1.000.000
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