You are given the following information about XYZ Corporation: Account Name Value Accounts payable 5

You are given the following information about XYZ Corporation: Account Name Value Accounts payable 5800 Accounts receivable 10600 Accumulated depreciation 34000 Cash 17550 Common stock (10,000 shares) 46000 Cost of goods sold 6,750 Depreciation expense 600 Earnings before taxes ????? General & admin expense 950 Gross buildings & equipment 123000 Gross profits 27,250 Interest expense 4,300 Inventories 7500 Long-term debt 56000 Net buildings & equipment 89000 Net income ????? Operating income (EBIT) ????? Retained earnings 16250 Sales 33,000 Short-term notes payable 700 Taxes @40% 8,560 Required: Using the Data above, complete the following on the templates provided: Part 1: Complete the Balance Sheet and Income Statement for XYZ Corporation Part 2: Calculate the Ratios for XYZ Corporation Part 3: Complete the Ratio analysis using Cross-Sectional Analysis and Trend Analysis

 

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