Exercise 1-6 ( Part Level Submission ) Calculate the net income . Prepare the 2017 retained earnings statement for Metlock . Inc Exercise 1-14
Wayne Holtz is the bookkeeper for Bramble Corp .. Wayne has been trying to get the balance sheet of Bramble Corp . to balance . It finally balanced , but now he ’ s not sure it is correct
Exercise 2-9
Nordstorm , Inc . operates department stores in numerous states . Suppose selected financial statement data ( in millions of dollars ) for a recent year follows . Compute working capital and current ratio at the beginning of the year and at the end of the year .
P2-5A Problem 2-5A The following are financial statements of Nash ' s Trading Post , LLC . Nash ' s Trading Post , LLC Income Statement For the Year Ended December 31 , 2017
Additional information : The net cash provided by operating activities for 2017 was $ 201,600 . The cash used for capital expenditures was $ 110,700 . The cash used for dividends was $ 32,630 . The weightedaverage number of shares outstanding during the year was 50,000 .
Expand Your Critical Thinking 13-4