1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IrinaVladis [17]
3 years ago
10

Using the table below create SinCo's Income Statement for 2013 and 2014.(Do not round intermediate calculations. Round your answ

er to 2 decimal places.)
2013 2014
Revenue $4,000 5252
Cost of Good Sold 1,600 2,101
Depreciation 500 524
Inventory 300 335
SG&A 500 534
Interest Expenses 150 175
Common Stock and Paid-in Capital 2,200 2,200
Federal and State Taxes (35% of EBT) 400
Accounts Payable 300 354
Accounts Receivable 400 424
Net Fixed Assets 5,000 4962
Retained Earnings (Balance Sheet) 1,000
Long-Term Debt 2,000 2481
Notes Payable 1,000 1016
Dividends Paid 410 410
Cash 800
What is SinCo's EBITDA for 2014?
What is SinCo's EBIT for 2014?
What is SinCo's Net Income for 2014?
Now uses the above table to create an Balance Sheet for 2013 and 2014

What is SinCo's 2014 Retained Earnings
What is Total Liabilities and Shareholders Equity
What is SinCo's Total Assets
What is SinCo's 2014 Cash
What is SinCo's 2014 Total Current Assets
Use SinCo's Income Statement and Balance Sheet to create a Statement of Cash Flows for 2014.

What is SinCo's Cash Flow from Operations
What is SinCo's Cash Flow from Investments
What is SinCo's Provide by Financing Actives
What is SinCo's Net change in cash
What is SinCo's Ending Cash Balance
Does the 2014 Cash Balance from the Balance Sheet equal the Ending Cash Balance from the Statement of Cash Flows? TrueFalse
Business
1 answer:
Nataliya [291]3 years ago
4 0

Answer:

c

Explanation:

its because back then iti wsa old

You might be interested in
Prepare summary journal entries to record the following transactions for a company in its first month of operations.
iragen [17]

Answer: The journal has been attached

Explanation:

The summary journal entries to record the following transactions for a company in its first month of operations has been attached.

Note that the work on process Inventory for (f) was calculated as the direct labor of 40000 multiplied by 125%. This will be:

= 40000 × 125%

= 40000 × 1.25

= 50000

4 0
3 years ago
When Creating a<br> website what is the purpose of a homepage
7nadin3 [17]
Meanwhile, other websites utilise the homepage to attract users to create an account.
6 0
4 years ago
Old Town Industries has three divisions. Division X has been in existence the longest and has the most stable sales. Division Y
blagie [28]

Answer:

D.

Explanation:

Based on the scenario being described within the question it can be said that when allocating funds, the firm should probably assign the highest cost of capital to division Z because it is most likely the riskiest of the three divisions. This is because Division Z focuses on research and development which means that they might not actually discover or create something that can bring value to the company and is therefore highly risky.

4 0
4 years ago
Read 2 more answers
Which is the most accurate definition of body language?
VladimirAG [237]

Answer:

nonverbal communication of a person's thoughts and attitudes

Explanation:

I think

5 0
3 years ago
Which is an activity associated with accounting?
notsponge [240]

The activity associated with accounting is Summarizing and interpreting company financial information.

<h3>What is accounting?</h3>

The process of logging and compiling financial and economic transactions, then examining, confirming, and reporting the findings is called accounting.

Accounting is significant because it preserves a systematic record of the financial data for the company. Users can compare current financial information to past data by using records that are up to date.

Administration accounting and financial accounting are two important branches of accounting that help in different sectors.

Learn more about accounting, here:

brainly.com/question/13310721

#SPJ1

8 0
1 year ago
Other questions:
  • On August​ 31, 2018​, Brooke Tallen borrowed $ 6 comma 000 from Boulware State Bank. Tallen signed a note​ payable, promising to
    13·1 answer
  • Using the information below for Singing Dolls, Inc., determine the total manufacturing costs incurred during the year: Work in P
    15·1 answer
  • Which one of the following is an example of a nondiversifiable risk?
    9·1 answer
  • Transactions Simmons Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipm
    11·1 answer
  • In the horizontal bar graph presented as an example in your reading material, the horizontal scale at the bottom of the graph re
    14·1 answer
  • Two unrelated women are interested in opening a brokerage account. Each one wants to be able to enter trades in the account, but
    8·1 answer
  • 02.01 LC)
    7·1 answer
  • Rachel wants to pursue a career in business information management. Arrange the certification/degree or training that Rachel nee
    12·1 answer
  • How long does someone stay on your best friend list on Snap chat??​
    12·1 answer
  • when designing a supply chain that meets customer requirements and aligns with strategy, what are the two goals that firms try t
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!