The following information relates to Oriole Co. for the year 2020. Owner's Capital, January 1, 2020 $65, 300 Advertising expense $7,800 Drawings during 2020 7,000 Rent expense 9,800 Service revenue 65,000 Utilities expense 2,800 Salaries and wages expense 30, 300 After analyzing the data, prepare an owner's equity statement for the year ending December 31 3030 21 (List items that increase retained earnings first)

Please assist Return on average owner's equity (2018 =40%; industry average = 45%) Round to two decimal places.

Prepare an income statement for Simpson Ltd for the month ended 31 July 2021

How do you determine retained earnings? Assets=$52,000 & Liabilities=$24,000   The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2021, the end of its fiscal year: cash, $16,000; accounts receivable, $11,000; inventory, $25,000; equipment (net), $80,000; accounts payable, $14,000; Salaries payable, $9,000; interest payable, $1,000; notes payable (due in 18 months), $30,000; common stock, $50,000.Determine the year-end balance in retained earnings for K and J Nursery, Inc.

Presented here are summarized data from the balance sheets and income statements of Wiper Inc.:  WIPER INC. Condensed Balance Sheets December 31, 2020, 2019, 2018 (in millions)   2020 2019 2018 Current assets $ 650   $ 900   $ 700   Other assets   2,750     2,050     1,750   Total assets $ 3,400   $ 2,950   $ 2,450   Current liabilities $ 500   $ 800   $ 700   Long-term liabilities   1,500     1,000     800   Stockholders' equity   1,400     1,150     950   Total liabilities and stockholders' equity $ 3,400   $ 2,950   $ 2,450       WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions)   2020 2019 Income statement data:             Sales $ 3,300   $ 2,900   Operating income   380     300   Interest expense   80     70   Net income   300     230   Other data:             Average number of common shares outstanding   44     42   Total dividends paid $ 50   $ 30…

The following is a summary of information presented on the financial statements of a company on 31 December 2020. Account 2020 2019 Current assets $68,000 $52,000 Accounts receivable 84,000 80,000 Inventory 52,000 41,000 Current liabilities 76,000 49,000 Non-current liabilities 32,000 55,000 Share capital 51,000 42,000 Retained earnings 45,000 27,000 Sales revenue $526,000$501,000 Cost of sales 402,000 400,000 Gross profit $124,000$101,000 Selling expenses 47,000 51,000 Profit before income tax $77,000 $50,000 Income tax expense 24,000 $16,900 Profit $53,000 $33,100 What would a horizontal analysis report show with respect to Current liabilities? Select one: a. a 35.53% increase in Current Liabilities O b. Current Liabilities are 37.25% of total capital. O c. a 55.1% increase in Current Liabilities O d. a current ratio of 0.89

Please help

Meagley Company presents the following condensed income statement and balance sheet information for 2020 and 2019: Next Level Prepare Meagley’s common-size income statements and balance sheets for 2020 and 2019. What trends do you analyses reveal in Meagley's operations and financial position?

Here is financial information for Carla Vista Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings $ $ $ $ December 31, 2025 2025 $ Prepare a schedule showing a horizontal analysis for 2025, using 2024 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) $ CARLA VISTA INC. Condensed Balance Sheets $ $109,200 403,500 102,500 125,200 133,200 $ 151,800 $ December 31, 2024 $93,500 2024 353,200 68,200 93,500 118,200 166,800 $ $ $ $ $ Increase or (Decrease) Amount Percent % % % % % % % % % %