Zigs Industries had the following operating results for 2011: sales = $29,000; cost of goods sold = $19,710; depreciation expense...
marmck1Zigs Industries had the following operating results for 2011: sales = $29,000; cost of goods sold = $19,710; depreciation expense = $5,220; interest expense = $2,640; dividends paid = $1,400. At the beginning of the year, net fixed assets were $17,330, current assets were $5,850, and current liabilities were $3,300. At the end of the year, net fixed assets were $20,610, current assets were $7,150, and current liabilities were $3,970. The tax rate for 2011 was 30 percent. |
- 9 years ago
- 999999.99
Answer(0)
Bids(0)
other Questions(10)