# Summarized versions of Burritos Corporation's financial statements for two recent years are as follows. E: (Click...

###### Question:

Summarized versions of Burritos Corporation's financial statements for two recent years are as follows. E: (Click the icon to view the financial statements.) Requirement 1. Complete Burritos Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar. (Round the tax calculation to the nearest thousand dollars. Use parentheses or a minus sign when entering a net decrease in cash) 2019 2018 Income Statement (in Thousands) Revenues 16,275 Cost of goods sold $11,110 1,260 Other expenses 1,220 Income before income taxes 1,590 1,880 658 Income taxes (35%) Net income Statement of Retained Earnings Beginning balance$ 2,660 Net income Dividends (90) (100) Ending balance Balance Sheet Assets Cash Property, plant, and equipment 1,477 1,406 11,691 Other assets
14,407 Total assets Liabilities $Current liabilities Long-term debt 4,600 1,005 5,650 3,390 1,150 |$ 9,250 Other liabilities Total liabilities Stockholders' equity: Common stock Retained earnings $275$ 275 210 160 Other stockholders' equity
4.217 Total stockholders' equity Total liabilities and stockholders' equity Cash Flow Statement Net cash provided by operating activities Net cash used in investing activities $(250) 1,025 (475) (460) Net cash used in financing activities (540) Increase (decrease) in cash (210) Cash at beginning of year Cash at end of year ## Answers #### Similar Solved Questions 1 answer ##### Question 12 (10 points) Given the following standard reduction potentials, calculate Eºcell for the following reactions... Question 12 (10 points) Given the following standard reduction potentials, calculate Eºcell for the following reactions as written. Comment on the spontaneity of the reaction. El (Volts) +1.84 +1.36 +1.07 +0.45 +0.34 0.0 -0.14 -0.44 -0.76 Half-cell reaction CO3+ (aq) + el Co2+ (aq) Cl2 (9) + 2 ... 1 answer ##### Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor... Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below Standard Quantity or Standard Price Standard Hours or Rate Cost Direct materials Direct labor 6.80 pounds$ 3.00 per pound $20.40 0.40 hours 13.00... 1 answer ##### What is the pH of a 0.28 M solution of sodium propionate, NaC3H5O2, at 25°C? (propionic... What is the pH of a 0.28 M solution of sodium propionate, NaC3H5O2, at 25°C? (propionic acid, HC3H502, is monoprotic and has a Ka = 1.3 x 10-5 at 25°C.. Kw = 1.01 x 10-14)... 1 answer ##### Mr. Curtis paid$48.51 for 12.6 gallons of gas. What is the price of one gallon of gas?
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