Fill in the missing numbers from some slightly modified recent Financial Stateme
ID: 2788450 • Letter: F
Question
Fill in the missing numbers from some slightly modified recent Financial Statements. If I list an account area, that account areas is correct. Deferred income taxes (current asset) 5, Total current liabilities 93, Total current assets 101, Deferred revenue (Current liability) 10, Long-term investments 4, Short-term investments 4, Total liabilities 218, Other current assets 3, Short-term borrowings 21, Total assets 318, Accounts payable 49, Gross margin 195, Preferred stock ($5 par) 12, Merchandise inventory 76, Deferred income taxes (Long term liability) 2, Current maturities of long-term debt 5, Other Long Term Assets 13, Net earnings 27, Capital in excess of par value 4, Retained earnings 76, Accumulated other comprehensive loss (Equity) -2, Cost of sales 366, Dividends 8, Other Long Term liabilities 8, Pre-tax earnings 43, Selling, general and administrative 132, EBIT 48, Deferred revenue – long-term protection plans (Long term Liability) 7, Addition to Retained Earnings ________, Total liabilities and shareholders' equity ________, Cash and cash equivalents _______ , Income tax provision ________, Net sales _________ , Long-term debt ________, Common stock ($.50 par) __________ , Interest Expense – net ________, Depreciation ________ , Accrued compensation ________, Property, less accumulated depreciation _______
Question 27 options: Match the numbers on the left with their answers on the right
10
561
16
19
5
8
13
318
200
15
108
Cash and cash equivalents
Property, less accumulated depreciation
Accrued compensation
Long-term debt
Common stock ($.50 par)
Total liabilities and shareholders' equity
Net sales
Depreciation
Interest Expense – net
Income tax provision
Addition to Retained Earnings
10
561
16
19
5
8
13
318
200
15
108
1.Cash and cash equivalents
2.Property, less accumulated depreciation
3.Accrued compensation
4.Long-term debt
5.Common stock ($.50 par)
6.Total liabilities and shareholders' equity
7.Net sales
8.Depreciation
9.Interest Expense – net
10.Income tax provision
11.Addition to Retained Earnings
Explanation / Answer
Ans :
Common stock ($.50 par) 10 Net sales 561 Cash and cash equivalents 16 Addition to Retained Earnings 19 Interest Expense – net 5 Income tax provision 8 Accured Compensation 13 Total liabilities and shareholders' equity 318 Property, less accumulated depreciation 200 Depreciation 15 Long-term debt 108Related Questions
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