Retained earnings, January 1, 2020 $55,680 Advertising expense $ 2,088 Dividends during 2020 5,800 Rent expense 12,064 Service revenue 72,500 Utilities expense 3,596 Salaries and wages expense 32,480 (a) After analyzing the data, prepare an income statement for the year ending December 31, 2020.

he following information is related to the Doll Pty Ltd. Description 2018 2020 Total revenues (Sales) $2,580 $5,880 Total assets:                Beginning of year 1,200 2,290                End of year 1120 2,381   The ratio of sales to assets for 2018 and 2020 will be:       Select one: a. 2.22 And 2.52 b. 2.30 And 2.47 c. 1.11 And 1.26 d. 2.15 And 2.56

Following are forecasts of Illinois Tool Works Inc. sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of December 31, 2018. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. Reported Forecast Horizon Period $ millions 2018 2019 2020 2021 2022 Sales $14,030 $14,871 $15,763 $16,710 $17,712 NOPAT NOA Terminal Period $18,066 2,711 2,880 3,053 3,236 3,430 8,989 9,527 10,099 10,705 11,347 3,499 11,574 Answer the following requirements with the following assumptions: Assumptions Terminal period growth rate Discount rate (WACC) 2% 7.35% Common shares outstanding 328.1 million Net nonoperating obligations (NNO) $5,894 million (a) Estimate the value of a share of ITW's common stock using the residual operating income model (ROPI) model as of December 31, 2018. Forecast Horizon ($ millions) Reported 2018 Terminal 2019 2020 2021 2022 Period ROPI…

What is Returns for Company JFC?

Compute NET Profit margin ratio Income Statement ($M) 2019 Revenue 372 Depreciation Other Operating Expense 12 271 Income Before Taxes 89 Тахes 23 66 20 Net Income Dividends Earnings per share Dividends per share Common Shares Outstanding 0.72 0.22 92

What is Naboo Manufacturing's 2019 Current Ratio?

Here are the abbreviated financial statements for Planner’s Peanuts:   INCOME STATEMENT, 2019 Sales $ 5,000   Cost   3,900   Net income $ 1,100       BALANCE SHEET, YEAR-END     2018   2019       2018   2019   Assets   $ 7,500     $ 12,100     Debt   $ 833     $ 1,000                         Equity     6,667       11,100     Total   $ 7,500     $ 12,100     Total   $ 7,500     $ 12,100         a. If sales increase by 10% in 2020 and the company uses a strict percentage of sales planning model (meaning that all items on the income and balance sheet also increase by 10%), what must be the balancing item? b. What will be the value of this balancing item?

The following income statement and balance sheets for Virtual Gaming Systems are provided. VIRTUAL GAMING SYSTEMS Income Statement For the year ended December 31, 2021 Net sales Cost of goods sold Gross profit Expenses: Operating expenses. Depreciation expense Loss on sale of land Interest expense Income tax expense Total expenses Net income Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds $852,000 27,000 7,400 12,000 42,000 $3,006,000 1,944,000 1,062,000 940, 400 $ 121,600 VIRTUAL GAMING SYSTEMS Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable. Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Balance Sheets December 31 2021 $180,000 75,000 99,000 11,400 99,000 204,000 264,000 (63,000) $869,400 $ 60,000 4,800 12,000 279,000 294,000 219,600 2020 $138,000 54,000 129,000…

MOSS COMPANY Selected Balance Sheet Information 2020 At December 31 Current assets Cash Accounts receivable. Inventory Current liabilities. Accounts payable Income taxes payable $ 84,650 25,000 60,000 Sales Cost of goods sold Gross profit 30,400 2,050 2019 $26,800 32,000 54,100 MOSS COMPANY Income Statement For Year Ended December 31, 2020 25,700 2,200 Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net income $ 515,000 331,600 183,400 121,500 36,000 25,900 7,700 $ 18,200 Use the information above to calculate cash flows from operating activities using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign. Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by operating activities

(Profitability Ratio)What is the Earnings Per Share in 2020?