Income Statement year ending
Sales Revenues $
Cost of goods sold
Fixed costs
Selling, general, and administrative expenses
Depreciation
EBIT
Interest expense
Taxable Income
Taxes
Net Income
Tax rate
Dividens paid
Partial Balance Sheet
ASSETS LIABILITIES
Current Assets Current Liabilities
Cash Notes payable
Accounts receivable Accounts payable
Inventories Total current liabilities
Total current assets Longterm debt
Total Liabilities
Gross Fixed assets OWNERS' EQUITY
Accumulated depreciation Retained earnings
Net Fixed assets Common stock
Intangible assets Total owner's equity
TOTAL ASSETS TOTAL LIABILITIES & OWNER'S EQUITY
These are cumulative retained earnings but textbook simply calls it retained earnings
Partial Balance Sheet
ASSETS LIABILITIES
Current Assets Current Liabilities
Cash Notes payable
Accounts receivable Accounts payable
Inventories Total current liabilities
Total current assets Longterm debt
Gross Fixed assets Total liabilities
Accumulated depreciation OWNERS' EQUITY
Net Fixed Assets Retained earnings
Intangible assets Common stock
Total longterm assets Total owner's equity
TOTAL ASSETS TOTAL LIABILITIES & OWNER'S EQUITY What is the EBIT in
What is amount for Total Liabilities & Owner's Equity for
What is the change in Retained Earnings from to
What is the amount for Retained Earnings in the Balance Sheet in
What is the amount for Net Fixed Assets in the Balance Sheet in
What is the amount for Total Owner's Equity in the Balance Sheet for
What is the amount for LongTerm debt in the Balance Sheet in
