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What is the firm's net income for the current year? Round to 0.0 decimal ...

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Accounting

What is the firm's net income for the current year? Round to 0.0 decimal

Category Prior year Current year

Accounts payable 41,400 45,000

Accounts receivable 115,200 122,400

Accruals 16,200 13,500

Additional paid in capital 200,000 216,660

Cash ??? ???

Common Stock @ par value 37,600 42,000

COGS 131,400 173,014.00

Depreciation expense 21,600 23,413.00

Interest expense 16,200 16,898.00

Inventories 111,600 115,200

Long-term debt 135,000 139,849.00

Net fixed assets 377,881.00 399,600

Notes payable 59,400 64,800

Operating expenses (excl. depr.) 50,400 68,008.00

Retained earnings 122,400 136,800

Sales 255,600 335,006.00

Taxes 9,900 18,517.00

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