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Chapter 2
Problems 1-26
Input boxes in tan
Output boxes in yellow
Given data in blue
Calculations in red
Answers in green
Chapter 2
Question 1
Input area:
Current assets 4,800$
Output area:
Balance sheet
Chapter 2
Questions 2-4
Input area:
Sales 734,000$
Output area:
Income Statement
Addition to retained earnings 133,400$
Chapter 2
Question 5
Input area:
Output area:
Net working capital 215,000$
Chapter 2
Questions 6,7
Input area:
Output area:
Taxes:
Chapter 2
Question 8
Input area:
Sales 39,500$
Output area:
Chapter 2
Question 9
Input area:
Output area:
Chapter 2
Question 10
Input area:
Output area:
Chapter 2
Question 11
Input area:
Dec. 31, 2010 Long-term debt 2,300,000$
Output area:
Chapter 2
Question 12
Input area:
Output area:
Chapter 2
Question 13
Input area:
Output area:
Chapter 2
Question 14
Input area:
Output area:
Income Statement
