Q

UESTION

Calculate the DuPont Modelsupplies =$675; equipment =$25,200; accumulated depreciation – equipment = $8,150 for year one. Cash = $20,000; accounts receivable = $15,000; prepaid = $1,175; supplies = $2,675; equipment = $89,057; accumulated depreciation – equipment =$36,800 for year 2. Additional year 2 data is as follows: equity equals $82,600; net sales = $325,000; net income of $56,824. Assume sales revenue and net sales are the same, leave as a decimal to two places.


A

NSWER


   No. Of Words: 299
   Pages 1.196
   Type: Essay
   Price: $20.00

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Given: Inxxxxxxmation xxxxxx xxxxxx year one

Cash                                                                            =$16,080

Accounts Receivxxxxxx                                                   =$9,500

Prepaid                                                                        =$3,150

Supplies                                                                      =$675

Equipment                                                                   =$25,200

Accumulated Depreciation (A.D)-Equipment            =$8,150

xxxxxxxxxxxxe, Accumulated Depreciation (A.D)             = Equipment+$8