Van der Man Fashions, Inc. Income Statement Years Ended December 31, 2018 and 2017 2018 2017 236,000 $ 131,000 311,000 152,000 Net sales Cost of goods sold 105,000 66,000 159,000 64,000 Gross profit Selling and general expenses 95,000 39,000 7,000 Income from operations Interest expense 1,400 32,000 7,000 93,600 5,000 Income before income tax Income tax expense 25,000 $ 88,600 Net income Data table 2018 2017 2016 Accounts receivable 32,000 21,000 24,000 Inventory. 10,500 16,100 13,300 Total current assets 44,500 40,600 42,300 Fixed assets 253,500 250,000 210,000 Total assets $ 298,000 $ 290,600 $ 252,300 %24 %24

Van der Man Fashions, Inc. Income Statement Years Ended December 31, 2018 and 2017 2018 2017 236,000 $ 131,000 311,000 152,000 Net sales Cost of goods sold 105,000 66,000 159,000 64,000 Gross profit Selling and general expenses 95,000 39,000 7,000 Income from operations Interest expense 1,400 32,000 7,000 93,600 5,000 Income before income tax Income tax expense 25,000 $ 88,600 Net income Data table 2018 2017 2016 Accounts receivable 32,000 21,000 24,000 Inventory. 10,500 16,100 13,300 Total current assets 44,500 40,600 42,300 Fixed assets 253,500 250,000 210,000 Total assets $ 298,000 $ 290,600 $ 252,300 %24 %24

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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With given statements in excell please fill in the ratio charts thank you!!!!