Question:
The following accounts appear on the Income Statement and Balance Sheet for a Phoenix-based electronics firm. All figures are in thousands. Arrange these accounts into proper statement format, and supply missing values for the accounts indicated.
· Cash $13,637
· Total Current Liabilities $22,737
· Total Assets ????
· Net Income After Taxes $ 5,007
· Net Property & Equip. $10,570
· Operating Expenses $28,712
· Total Long Term Debt ????
· Other Non-Oper. Income $ 8,156
· Total Current Assets $66,639
· Operating Income (EBIT) -$ 2,864
· Gross Profit ????
· Cost of Goods Sold $59,653
· Accounts Receivable $18,778
· Stockholder's Equity $59,349
· Total Liabilities $24,561
· Other Current Assets ????
· Other Fixed Assets ????
· Provision for Income Tax $ 285
· Income Before Taxes $ 5,292
· Revenues $ 85,501
· Total Liab. & Equity ????