Business, 17.09.2021 01:00 yariiixox

Following is a partially completed balance sheet for Epsico Inc. at December 31, 2019, together with comparative data for the year ended December 31, 2018. From the statement of cash flows for the year ended December 31, 2019, you determine the following (amounts in thousands of dollars): a. Net income for the year ended December 31, 2019, was $26.
b. Dividends paid during the year ended December 31, 2019, were $8.
c. Cash increased $8 during the year ended December 31, 2019.
d. The cost of new equipment acquired during 2019 was $15; no equipment was disposed of.
e. There were no transactions affecting the land account during 2019, but it is estimated that the fair market value of the land at December 31, 2019, is $42.

Required:
Complete the balance sheet at December 31, 2019.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:40

Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.

Answers: 2

Answer

Business, 22.06.2019 13:20

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

Answers: 1

Answer

Business, 22.06.2019 20:00

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.

Answers: 3

Answer

Business, 22.06.2019 23:00

The sign at the bank reads, "wait here for the first available teller," suggests the use of a waiting line system.a. multiple server, single phaseb. random server, single phasec. single server, multiphased. multiple server, multiphasee. dynamic server, single phase

Answers: 2

Answer

You know the right answer?

Following is a partially completed balance sheet for Epsico Inc. at December 31, 2019, together with...

Questions