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Business, 02.12.2019 22:20 sewolf1234

Revenue $ 5,600 $ 5,700 cost of goods sold 1,800 1,900 depreciation 420 440 inventories 250 285 administrative expenses 410 460 interest expense 220 220 federal and state taxes* 790 810 accounts payable 280 325 accounts receivable 450 525 net fixed assets† 4,900 5,530 long-term debt 2,000 2,410 notes payable 1,010 740 dividends paid 320 320 cash and marketable securities 800 390 * taxes are paid in their entirety in the year that the tax obligation is incurred. † net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. construct a balance sheet for fincorp for 2015 and 2016.

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