Correct 100 points out of 100 question 5 partially

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Question Correct1.00 points out of1.00Question Partially correct0.67 points out of1.00Use your knowledge of accounting relations to complete the following table forBoatsman Company.20112012Beginning retained earnings$89,089$69,634Net income (loss)19,45548,192Dividends015,060Ending retained earnings69,634102,76645Identifying and Classifying Financial Statement ItemsFor each of the following items, indicate whether they would be reported in thebalance sheet (B) or income statement (I).(a) Interest expenseI(b) InventoriesB(c) Depreciation expenseI(d) SalesI(e) Common stockB(f) Factory buildingsB(g) Interest incomeI(h) Taxes payableB(i) Accounts payableB(j) Cost of goods soldI(k) Long-term debtB(l) Treasury stockBDetermining Missing Information Using the Accounting Equation Use your knowledge of accounting relations to complete the following table forBoatsman Company.20112012Beginning retained earnings$89,089$69,634Net income (loss)19,45548,192Dividends015,060Ending retained earnings69,634102,766
Question Partially correct1.71 points out of2.00statement (I).($ millions)AmountClassificationSales$43,373IAccumulated depreciation10,438BDepreciation expense1,703IRetained earnings11,686BNet income5,186IProperty, plant & equipment, net13,104BAccounts receivable3,038BSelling, general & administrative expense13,009ITotal liabilities27,520BStockholders' equity16,186B(b) Using the data, compute total assets and total expenses.6Question Barth Company reports the following year-end account balances at December31, 2011. Prepare the 2011 income statement and the balance sheet as of7Correct3.00 points out ofIdentifying and Classifying Balance Sheet and Income Statement Accounts Following are selected accounts for Procter & Gamble.(a) Indicate whether each account appears on the balance sheet (B) or incomestatement (I).($ millions)AmountClassificationSales$43,373IAccumulated depreciation10,438BDepreciation expense1,703IRetained earnings11,686BNet income5,186IProperty, plant & equipment, net13,104BAccounts receivable3,038BSelling, general & administrative expense13,009ITotal liabilities27,520BStockholders' equity16,186B(b) Using the data, compute total assets and total expenses.
(c) Compute net profit margin (net income/sales) and total liabilities-to-equityratio (total liabilities/stockholders' equity). (Round your answers to two decimalplaces.)
%
Constructing Financial Statements from Account Data Barth Company reports the following year-end account balances at December31, 2011. Prepare the 2011 income statement and the balance sheet as of
3.00December 31, 2011.Accounts payable$ 19,200Inventory$ 43,200Accounts receivable36,000Land96,000Bonds payable, long-term240,000Goodwill9,600Buildings181,200Retained earnings72,000Cash57,600Sales revenue480,000Common stock180,000Supplies inventory3,600Cost of goods sold216,000Supplies expense7,200Equipment84,000Wages expense48,000Barth CompanyIncome StatementFor Year Ended December 31, 2011Sales revenue$480,000ExpensesCost of goods sold216,000Wages expense48,000Supplies expense7,200Total expenses271,200Net income$208,800Barth CompanyBalance SheetDecember 31, 2011AssetsCash57,600

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