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1. Prepare the common size income statement for 2015 and also 2016 2....

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Accounting

1. Prepare the common size income statement for 2015 and also 2016
2. Prepare the cash flow statement for 2016 image
for The Potato Grow the questions that follow. The company's tax rate 35% A dividend of $40,000 was paid to shareholders in 2016. Statement of Financial Posltion as of December 31 16 Current Assets Cash Account Receivable $43,720 $22,632 $46,168 $44,100 $27.700 $49.300 Pixed Assets Net Plant &Equipment ,050 150 TOTAL ASSETS 8580,656 LIABILITIES&OWNERS EQUITY Current Liabilities $38,640 $20,000 $19,286 $150,000 $50,000 $45,700 $18,000 $22,770 $170,000 850.000 Accounts Payable Notes Payable Long-Term Debt Common Shares Retained Earnines TOTAL LIAB& OWNERS EQUITY 580,656 $642,150 2015 $593,310 $353,986 $53,228 $32,089 $132,007 $23,144 108,863 5611.660 5366.996 $54,874 $53,700 5136,09O s 23,800 5112.230 Cost of Goods Sold General and Administration Earnines Before Interest & Taxes Taxabie Income raxea

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