Please do not give solution in image format thanku What is the current year's cash balance?What is the current year's return on equity(ROE)?What is the current year's entry for longterm debt on a common-sized balancesheet? Accounts payableAccounts receivableAccrualsAdditional paid in capitalCashCategoryCommon Stock @ par valueCOGSDepreciation expenseInterest expenseInventoriesLong-term debtNet fixed assetsNotes payableOperating expenses (excl.depr.)Retained earningsSalesTaxesPrior year41,400115,20016,200200,000???37,60021,60016,200111,60059,400Currentyear131,400 178,243.0050,40045,000122,400122,40013,5009.900216,660???42,000135,000 137.737.0022,453.00375,678.00 399,60016.617.00115,20064,80060,759.00136,800255,600 335,152.0019.474.00

Current year cash balance is the balance which is the balance of availability of the cash and which…

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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What is the current year's cash balance? What is the current year's return on equity (ROE)? What is the current year's entry for long term debt on a common-sized balance sheet?