The table below contains data on Fincorp, Inc., the balance sheet items correspo
ID: 2364189 • Letter: T
Question
The table below contains data on Fincorp, Inc., the balance sheet items correspond to values at year-end of 2010 and 2011, while the income statement items correspond to revenues or expenses during the year ending in either 2010 or 2011. All values are in thousands of dollars. 2010 2011 Revenue $4,500 $4,600 Cost of goods sold 1,850 1,950 Depreciation 550 570 Inventories 325 400 Administrative expenses 550 600 Interest expense 200 200 Federal and state taxes* 450 470 Accounts payable 325 400 Accounts receivable 430 500 Net fixed assetsExplanation / Answer
Find the answer in the following tables:
Revenue
4500
4600
Cogs
1850
1950
Depreciation
550
570
Inventories
325
400
Admin Expenses
550
600
Interest Exp.
200
200
Taxes
450
470
Payables
325
400
Receivables
430
500
Fixed Assets
5500
6350
Debt
2500
2900
Notes Payable
1025
650
Dividend paid
510
510
Cash
850
350
Capital
500
500
2010
2011
Revenue
4500
4600
Cogs
1850
1950
Depreciation
550
570
Admin Expenses
550
600
Interest Exp.
200
200
Taxes
450
470
Earnings
900
810
Common stock
500
500
EPS
1.80
1.62
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Revenue
4500
4600
Cogs
1850
1950
Depreciation
550
570
Inventories
325
400
Admin Expenses
550
600
Interest Exp.
200
200
Taxes
450
470
Payables
325
400
Receivables
430
500
Fixed Assets
5500
6350
Debt
2500
2900
Notes Payable
1025
650
Dividend paid
510
510
Cash
850
350
Capital
500
500
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