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Elementary,Middle School,High School,College,University,PHD
Teaching Since: | May 2017 |
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Questions Answered: | 66690 |
Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
 | You are given the following information about XYZ Corporation: |  |  |  |  | ||
 |  |  |  |  |  |  |  |
 |  |  | Account Name | Value |  |  |  |
 |  |  |  |  |  | ||
 |  |  | Accounts payable | 5800 |  |  |  |
 |  |  | Accounts receivable | 10600 |  |  |  |
 |  |  | Accumulated depreciation | 34000 |  |  |  |
 |  |  | Cash | 17550 |  |  |  |
 |  |  | Common stock (10,000 shares) | 46000 |  |  |  |
 |  |  | Cost of goods sold | 6,750 |  |  |  |
 |  |  | Depreciation expense | 600 |  |  |  |
 |  |  | Earnings before taxes | ????? |  |  |  |
 |  |  | General & admin expense | 950 |  |  |  |
 |  |  | Gross buildings & equipment | 123000 |  |  |  |
 |  |  | Gross profits | 27,250 |  |  |  |
 |  |  | Interest expense | 4,300 |  |  |  |
 |  |  | Inventories | 7500 |  |  |  |
 |  |  | Long-term debt | 56000 |  |  |  |
 |  |  | Net buildings & equipment | 89000 |  |  |  |
 |  |  | Net income | ????? |  |  |  |
 |  |  | Operating income (EBIT) | ????? |  |  |  |
 |  |  | Retained earnings | 16250 |  |  |  |
 |  |  | Sales | 33,000 |  |  |  |
 |  |  | Short-term notes payable | 700 |  |  |  |
 |  |  | Taxes @40% | 8,560 |  |  |  |
 |  |  |  |  |  |  |  |
 |  | Required: |  |  |  |  |  |
 |  |  | Using the Data above, complete the following on the templates provided: |  |  |  |  |
 |  |  | Part 1: Complete the Balance Sheet and Income Statement for XYZ Corporation |  |  |  |  |
 |  |  | Part 2: Calculate the Ratios for XYZ Corporation |  |  |  |  |
 |  |  | Part 3: Complete the Ratio analysis using Cross-Sectional Analysis and Trend Analysis |
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