Additional information: 1. 2. 4. Dividends in the amount of $6,100 were declared and paid during 2025. Depreciation expense and amortization expense are included in operating expenses. No unrealized gains or losses have occurred on the investments during the year. Equipment that had a cost of $19,800 and was 70% depreciated was sold during 2025. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a sign eg-15,000 or in parenthesis eg. (15,000) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis eg (15,000)) MARIN INC. STATEMENT OF CASH FLOWS Adjustments to reconcile net income to Adjustments to reconcile net income to $ Marin Inc., a greeting card company, had the following statements prepared as of December 31, 2025. Marin Inc. Comparative Balance Sheet As of December 31, 2025 and 2024 12/31/25 12/31/24 Cash $6,000 $7,000 Accounts receivable 61,700 51,200 Short-term debt investments (available-for-sale) 34,900 18,000 Inventory 39,700 60,400 Prepaid rent 4,900 4,000 Equipment 155,500 128,900 Accumulated depreciation-equipment (35,100) (25,000) Copyrights 46,500 50,400 Total assets $314,100 $294,900 Accounts payable $45,600 $39,800 Income taxes payable 4,000 6,000 Salaries and wages payable 8,000 4,000 Short-term loans payable 8,000 9,900 Long-term loans payable 59,700 68,600 Common stock, $10 par 100,000 100,000 Paid-in capital, common stock 30,000 30,000 Retained earnings 58,800 36,600 Total liabilities and stockholders' equity $314,100 $294,900 Marin Inc. Income Statement For the Year Ending December 31, 2025 Sales revenue $339,375 Cost of goods sold 175,000 Gross profit 164,375 Operating expenses 119,400 Operating income 44,975 Interest expense $11,500 Gain on sale of equipment 1,900 9,600 Income before tax 35,375 Income tax expense 7,075 Net income $28,300 Additional information: 1. Dividends in the amount of $6,100 were declared and paid during 2025. 2. Depreciation expense and amortization expense are included in operating expenses.

An extract from a computer company's 2021 financial statements follows: Balance sheet As of December 31, 2021 As of December 31, 2020 Total assets 57,699 54,013 Total liabilities 37,682 37,919 Total stockholders' equity 20,017 16,096 What was the company's debt-to- equity ratio for 2021? OA. 2.5 OB. 1.6 O C. 0.9 O D. 1.9

A Corporation had the following data concerning selected financial data taken from the records listed below.For the year ended December 312021 2020Cash 80,000 640,000Note and account receivable 400,000 1,200,000Merchandise Inventory 720,000 1,200,000Marketable Securities 240,000 80,000Land and Building (net) 2,720,000 2,880,000Bond Payable 2,160,000 2,240,000Account Payable 560,000 880,000Note Payable Short Term 160,000 320,000Sales (20% cash, 80% credit) 18,400,000 19,200,000Cost of Good Sold 8,000,000 11,200,000Required : Compute the following ratios1. current ratio as of December 31,20212. Quick ratio as of December 31, 20213. Account Receivable Turnover ratio for 20214. Merchandise inventory turn over for 20215. The Gross margin for 20206. the average age of account Receivable for 2021( use 360 days

Given the data in the following table, the entry for Inventories on the 2023 common-sized balance sheet was %.

An extract from a printing company's 2021 financial statements follows: Balance sheet As of December 31, 2021 As of December 31, 2020 Total assets 57,699 54,013 Total liabilities 37,682 37,919 Total stockholders' equity 20,017 16,096 What was the company's debt-to- assets ratio for 2021? O A. 0.75 B. 0.65 O C.3.32 O D. 0.50

MSI Inc -(ALL ENTRIES FOR MSI ONLY) KEY for Accounting Component Assets = A Liabilities = L Stockholders' Equity = SE Accounting Component On July 1st 2019, MSI Inc issued $800,000, 3%, 10 year bonds at 103. The bonds pay interest annually. Prepare the Debit (DR) Credit (CR) Account 3 journal entry to record the issuance of the bonds. What is the total cost of borrowing? TOTAL COST OF BORROWING = On January 1st 2020, MSI Inc issues $500,000 4%, 6 year bonds at face value. Prepare the entry to record the issuance of the bonds. On December 31st 2020, MSI Inc does an adjusting entry to record the accrual of interest for #4 above. On January 1st, 2020, MSI pays the accrued bond interest and calls the bonds at 101 (refer to #4 above). Record the payment of interest and redemption of the bonds.

The following investment account was taken from the general ledger of One Dream Investment Company:   Debt Investments - Fulfilled Dream 6% bonds (2,000,000 face value, due December 31, 2027)  Date  PR  Debit  Credit  Balance January2, 2022 VR VR P1,812,300    P1,812,300 June 30, 2022 CRJ    60,000  1,752,300 Dec.  31,  2022 CRJ    60,000  1,692,300 Dec.  31, 2022     195,000  1,497,300   In the course of your examination, you obtained the following information:  Interest checks were received on June 30 and December 31 and were credited to the investment account.  One dream sold P200,000 of its investment on December 31, 2022 for P195,000. Effective interest rate on this investment, as computed by your audit staff, is 8%. (4% - semi annual) One Dream included this investment in a portfolio that is held to collect and for sale.  The fair value at December 31, 2022 and 2023 is 97.5 and 105, respectively.    How much is the gain or…

Use the table for the​ question(s) below.   Consider the following balance​ sheet: Luther Corporation Consolidated Balance Sheet December​ 31, 2019 and 2018​ (in $​ millions)   Assets 2019 2018   Liabilities and​ Stockholders' Equity 2019 2018 Current Assets       Current Liabilities     Cash 63.6 58.5   Accounts payable 87.6 73.5 Accounts receivable 55.5 39.6   Notes payable​ / short−term debt 10.5 9.6 Inventories 45.9 42.9   Current maturities of long−term debt 39.9 36.9 Other current assets 6.0 3.0   Other current liabilities 6.0 12.0      Total current assets 171.0 144.0        Total current liabilities 144.0 132.0               Long−Term Assets       Long−Term Liabilities       Land 66.6 62.1      Long−term debt 239.7 168.9   Buildings 109.5 91.5     Capital lease obligations −−− −−−…

S Find online the annual 10 - K report for Costco Wholesale Corporation (COST) for September 28, 2023 f. Did the company have any contingent liabilities at the balance sheet date? Discuss the specific nature of these contingencies and how (or whether) they are expected to affect the firm's financial health h ASSEN s Ope TOTAL ASSETS CURRENT LIABILITIES LABILITIES AND EQUITY A Der Cap OTT L se org TOTAL LIATES COMMITMENTS AND CONTINGENCIES COUNTY 10 suhted this Consescanda Talk sil TOTAL LIABUTES AND EQUITY 2/12 3/18 2241 17667 Sa 24741 2/14 4 04.15 17482 s 52.545 2321 7301 топ 2337 2174 1.589 22 5611 TRE 3377 242 2482 2555 2.558 BUX 4351 = - 2 7.340 084 138931 21842 25194 21547 94111

Barger Corporation has the following data as of December 31, 2024: Total Stockholders' Equity Total Current Liabilities Total Current Assets $ 36,210 58,200 181,630 Other Assets Long-term Liabilities Property, Plant, and Equipment, Net Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.) = = C $? 45,600 269,640 Debt to equity ratio