Question

Solve for the missing numbers. Revenue 17,666

Depreciation 3,838

Deferred Tax Liability, Non-Current 2,413

Operating Income 2,257

Total Liabilities And Equity 75,611

Earnings before Taxes 776

Total Liabilities 52,120

Net Profit 1,394, Inventory 128

Other Current Assets 401

Prepaid Expenses 294

Additional Paid In Capital 23,314

Long-term Investments 453

Gross Profit 10,003

Goodwill 30,475

Gross Property, Plant & Equipment 51,204

Total Current Assets 3,891

Accumulated Depreciation (24,352)

Common Stock 1,069

Other Long-Term Assets 1,167

Accounts Payable 1,555

Other Operating Expense 83, Accrued Expenses 1,287

Current Portion of LT Debt 443

Cash 551

Comprehensive Income and Other (1,995)

R & D Expense 23, Unearned Revenue, (Current Liability) 892

Other Current Liabilities 310

Total Current Liabilities 4,857

Long-Term Debt 37,283

Pension & Other Post-Retire. Benefits (Long Term Liability) 5,178

Retained Earnings 1,103

Total Assets _________

Selling General & Admin Expense ________

Accounts Receivable ______

Income Tax Expense ______

Cost Of Goods Sold ________

Net Property Plant & Equipment _______
Interest Expense _________

Other Non-Current Liabilities _________

Long Term Intangibles ________

Income Taxes Payable _______

options:

A 2,389 B 3,802 C 75,611 D 26,852 E 12,773 F 2,517 G 370 H 1,481 I -618 J 7,663

1. Total Assets 2. Other Non-Current Liabilities 3. Interest Expense 4. Net Property, Plant & Equipment 5. Long Term Intangibles 6. Income Taxes Payable 7. Selling General & Admin Expense 8. Accounts Receivable 9. Income Tax Expense 10. Cost Of Goods Sold

Answer 1

Answer with working notes is given below

$75,611 $2,389 $1,481 $26,852 $12,773 Total Assets Other Non-Current Liabilities Interest Expense Net Property, Plant & Equipment Long Term Intangibles Income Taxes Payable Selling General & Admin Expense Accounts Receivable Income Tax Expense Cost Of Goods Sold $370 $3,802 $2,517 $618 $7,663 $17,666 $7,663 $10,003 Working note Income Statement Less: Cost of goods sold Gross profit Less: Operating expenses Selling & Admin Expense Other Operating Expense R & D expense Depreciation Operating Income Less: Interest Earning before tax (EBT) Less: Income Tax Expense Net Income $3,802 $83 $23 $3,838 $7,746 $2,257 $1,481 $776 -$618 $1,394 Sales Gross Profit COGS $17,666 $10,003 $7,663 $10,003 $2,257 $7,746 Gross profit Operating Income Total Operating expenses Less: Depreciation R & D expense Other Operating Expense Selling & Admin Expense $3,838 $23 $83 $3,802) Operating Income Less: EBT Interest expenses $2,257) $776 $1,481 Gross Property, Plant & Equipment Accumulated Depreciation Net Assets $51,204 $24,352 $26,852 Balance Sheet Assets Balancing number Cash Accounts Receivable Inventory Prepaid Expenses Other Current Assets Total Current Assets $551 $2,517 $128 294 $401 $3,891 Long-term Investments $453 Net Property, Plant & Equipment $26,852 (51,204-24,352) $1,167 $12,773 Balancing number $30,475 $75,611 Other Long-Term Assets Long Term Intangibles Good will Total Assets Liabilities and stockholders Equity Current Liabilities Accounts Payable Accrued Expenses Current Port. of LT Debt Unearned Revenue (Current Liability) Income tax payable Other Current Liabilities Total Current Liabilities $1,555 $1,287 $443 $892 Balancing number $370 $310 $4,857 Other Non-Current Liabilities Deferred tax liability non Current $2,389 Balancing number $2,413 Long-Term Debt Pension & Other Post-Retire. Benefits (Long Term Liability) Total Liabilities $37,283 $5,178 $52,120 Stockholders equity Common Stock Additional Paid In Capital Retained Earnings Comprehensive Income and Other Total Stockholders equity Total Liabilities and Stockholders equity $1,069 $23,314 $1,103 -$1,995 $23,491 $75,611