Year 1 Sales $161,120 Cost of Goods Sold 105,035 SG&A 42.957 Depreciation 6,687 Operating Income (EBIT) 6,441 Interest Expense

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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2

(S000s)
Year 1
Sales
$161,120
Cost of Goods Sold
105,035
SG&A
42,957
Depreciation
6,687
Operating Income (EBIT)
6,441
Interest Expense
787
Earmings before Income Taxes
5,654
Income Taxes
2,262
Net Income
3,392
Dividends (total)
1,974
Cash
9,071
Accounts Receivables
4,106
Inventory
22,123
Total Current Assets
35,300
Fixed Assets (Net)
38,202
Other Assets
686
Total Assets
74,188
LIABILITIES AND SHAREHOLDERS Ar
Transcribed Image Text:(S000s) Year 1 Sales $161,120 Cost of Goods Sold 105,035 SG&A 42,957 Depreciation 6,687 Operating Income (EBIT) 6,441 Interest Expense 787 Earmings before Income Taxes 5,654 Income Taxes 2,262 Net Income 3,392 Dividends (total) 1,974 Cash 9,071 Accounts Receivables 4,106 Inventory 22,123 Total Current Assets 35,300 Fixed Assets (Net) 38,202 Other Assets 686 Total Assets 74,188 LIABILITIES AND SHAREHOLDERS Ar
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts Payable
12,027
Other Current Liabilities
494
Total Current Liabilities
12,521
Long-Term Debt
9,868
Common Share Capital
13,428
Retained Earnings
38,371
Total Shareholders' Equity
51,799
Total Liabilities & Shareholders' Equity
74,188
What is the short-term debt for Le Chateau?
O a. $494
O b.$9,868
Oc S0
Od.$12,027
Transcribed Image Text:LIABILITIES AND SHAREHOLDERS' EQUITY Accounts Payable 12,027 Other Current Liabilities 494 Total Current Liabilities 12,521 Long-Term Debt 9,868 Common Share Capital 13,428 Retained Earnings 38,371 Total Shareholders' Equity 51,799 Total Liabilities & Shareholders' Equity 74,188 What is the short-term debt for Le Chateau? O a. $494 O b.$9,868 Oc S0 Od.$12,027
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