Question 1071542: Match the numbers to the accounts on the below scrambled income statement balance sheet. Numbers are to the right of the account. Thus Gross Profit 2,313 means Gross Profit = $2313.
Other Long Term Assets _________ ; Restructuring Charges ________ ; Dividends _________ ; Total Long Term Liabilities ________ ; Inventories ________ ; Net Sales _________ ; Tax Expense_______ ; Short-Term Portion of Borrowings, Net _________ ; Total Liabilities and Stockholder’s Equity _________ ; Accumulated Other Comprehensive Loss, net of tax (an Equity account) _________ ; Gross Profit 2,313 ; Other Long Term Liabilities 181 ; Stores and Distribution Expense 1,703 ; Cost of Goods Sold 1,455 ; Paid-In Capital 434 ; Retained Earnings 2,550 ; Total Stockholder’s Equity 1,389 ; Income Before Taxes 99 ; Accounts Payable 141 ; Accrued Expenses 282 ; Net Income 65 ; Marketing, General and Administrative Expense 458 ; Change in Retained Earnings 46 ; Cash and Equivalents 520 ; Receivables 52 ; Class A Common Stock 1 ; Deferred Income Taxes (Current Asset) 126 ; Depreciation 30 ; Other Current Assets 116 ; Total Current Assets 1,164 ; Property and Equipment, net 978 ; Total Current Liabilities 487 ; Long-Term Portion of Borrowings, Net 291 ; Operating Income 114 ; Interest Expense, Net 15 ; Total Assets 2,505 ; Short-Term Portion of Deferred Lease Credits (current liability) 35 ; Leasehold Financing Obligations (Long Term Liability) 51 ; Long-Term Portion of Deferred Lease Credits (Long Term Liability) 106
Question 21 options:
Dividends
Accumulated Other Comprehensive Loss, net of tax (an Equity account)
Tax Expense
Net Sales
Inventories
Total Liabilities and Stockholder’s Equity
Total Long Term Liabilities
Restructuring Charges
Other Long Term Assets
Short-Term Portion of Borrowings, Net
1.
363
2.
8
3.
19
4.
629
5.
350
6.
3768
7.
34
8.
29
9.
2505
10.
-1596
Answer by ikleyn(52756)   (Show Source):
|
|
|
