Net Sales Cost of Goods Sold Gross Profit Selling & Administrative Expenses Income From Operations Simpson Company Income Statements For Years Ended December 31 Other Expenses and Losses: Interest Expense Income Before Income Tax Income Tax Expense Net Income ASSETS Current Assets: Cash Debt Investments (short-term) Accounts Receivable (net) Inventory Total Current Assets Plant Assets (net) Total Assets Accounts Payable Income taxes Payable Bonds Payable Total Current Liabilities Total Liabilities 2022 780,000 440,000 Stockholders Equity - Common Common Stock ($10 par) Retained Earnings 340,000 Simpson Company Balance Sheets December 31 LIABILITIES & STOCKHOLDERS' EQUITY Current Liabilities: Total Stockholders Equity Total Liabilities & Stockholders Equity 176,880 163,120 9,920 153,200 34,000 119,200 2022 23,100 44,800 2021 624,00 0 138,200 25,300 163,500 132,000 295,500 405,00 0 218,40 0 149,76 0 68,640 7,200 61,440 14,000 47,440 2021 106,200 116,400 290,500 212,400 485,000 439,600 775,800 652,000 21,600 33,000 83,800 74,000 [T 132,000 24,000 156,000 120,000 276,000 150,000 130,000 330,300 246,000 480,300 376,000 775,800 652,000 ▬ All sales were on credit. Net cash provided by operating activities for 2022 was $108,000. Capital expenditures were $47.000. and cash dividends were $30.900.

Your answers are incorrect, there are at least 4 blanks to fill in and you only provided 2 or 3. Also please do not use Excel, please use another way to show your work.

Using formulas, no tables, correct answer= 6,962.6, can you try again?

Hello, can you help me with questions 7,8, and 9 please, thanks!

Hello i have attached two pictures. They are both used together to answer the question. The first picture is the information to use too answer the question. The second attachment is the for the answer. I hope it is understandable and whoever answer this can please explain how they got the answers. I need the help. I have marked a yellow x on what i have done already. I DO NOT NEED HELP WITH WHAT IS CROSSED IN YELLOW (PARTS 1-3) I NEED PARTS 4-6. THIS IS IS IS THE ANSWER TO PARTS 1-3  Analysis and Calculation: 1) Gold Medal Athletic Co.,  Sales Budget: For the month ended March: Product Sales Volume Sale Price per unit Sales, $ Batting helmet  1,200 units $40  $ 48,000 Football helmet  6,500 units $160  $1,040,000 Total revenue from sales      $ 1,088,000   2) Production Budget:   Batting Football   Helmet Helmet Expected units to be sold  1,200  6,500 Add: desired Ending inventory  50  220 Total  1,250  6,720 Less: Beginning estimated inventory  40  240 Total…

Hi I asked this question previously and the individual did not explain things clearly. For instance he provided the I'm guessing standard method of finding a missing amount on a certain type of T-Account but then would turn around and solve it using a different method. I am posting the response that were not clear below. If you could tell me what the actual method is and if there exceptions and if so what those are.Answer #1 I needed the BEGINNING balance of a debit account. As you can see the response below the individual provided a formula that included the BB which is UNKOWN because that is WHAT I NEED. At the bottom they change around the equation to come to the answer. So what is the proper way???Part-1. Begining balance of cash account is missing. The cash account is having a debit balance always. The formula for Cash account is as under:Ending balance of Cash Account = Begining Balance of cash account + All debits - All creditsHere,Ending Balance of cash = 9800All debits…

The first part of the assignment is to open Excel and in column A starting in row 1 and down to row 40 generate random values using the RAND() function. Copy and special paste those values onto sheet2. You will turn in the Excel file, but you will use the information below when directed. Say an individual is faced with the decision of whether to buy auto insurance or not (like before laws in many states changed). The states of nature are that no accident occurs (with probability .992) or an accident occurs (with probability .008). Here is the payoff table for the decision maker (where -500 is read minus 500, for example) State of Nature Decision No Accident Accident Purchase insurance -500 -500 Do not purchase Ins. 0 -10000 1. Say the individual is a RISK LOVER. Create a table with plausible values of utility for the risk lover where you pick as the indifference probability for the value -500 the first value that is appropriate from your simulation in Excel (starting in cell A1 on…

Not a previously submitted question. Thank you