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[>Management homework help](https://www.sweetstudy.com/fields/business-finance-management)
need help by12 Apr
– 2 years ago
**files (2)**
– ## AssignmentWeek1-BUSN604B006Spring2025-APEI.pdf
– ## BUSN604Week1Assignment2025SmithAntoineWeek1.xlsx
**## AssignmentWeek1-BUSN604B006Spring2025-APEI.pdf**
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**## BUSN604Week1Assignment2025SmithAntoineWeek1.xlsx**
## Balance Sheet
| | | | | | | | |
| — | — | — | — | — | — | — | — |
| | You learned about Balance Sheets this week. Fill in the missing items below. |
| | | Enter the answers in blue shaded cells |
| | | ASSETS | | | LIABILITIES |
| | | Cash | $10,000 | | Accounts payable | $12,000 |
| | | Accounts receivable | 100,000 | | Notes payable | 50,000 |
| | | Inventory | | #1 | Total current liabilities | | #4 |
| | | Total current assets | $220,000 | | Long-term debt | | #5 |
| | | Gross PP&E | 500,000 | | Total Liabilities | $190,000 |
| | | Less accumulated depreciation | | #2 |
| | | Net PP&E | $375,000 | | EQUITY |
| | | Total Assets | | #3 | Common stock ($1 par; 100,000 shares) | 100,000 |
| | | | | | Paid-in capital | | #6 |
| | | | | | Retained earnings | 150,000 |
| | | | | | Total stockholders’ equity | | #7 |
| | | | | | Total Liabilities and Equity | | #8 |
| | | Reminder: A=L+E |
## Income Statement
| | | | | |
| — | — | — | — | — |
| | You learned about Income Statements this week. Fill in the missing items below. |
| | | Enter the answers in blue shaded cells |
| | | Sales | | #9 |
| | | COGS | 575,000 |
| | | Gross profit | $1,600,000 |
| | | G&A expense | 200,000 |
| | | Sales & Mkting expense | | #10 |
| | | Depreciation | 50,000 |
| | | Operating income | | #11 |
| | | Interest | 100,000 |
| | | Income before taxes | | #12 |
| | | Income taxes (30%) | | #13 |
| | | Net income | $700,000 |
| | | Steps: |
| | | 1: Calculate Sales |
| | | 2. Calculate Income before taxes. Taxes are 30%, so you know the Net Income (Y) is a percent of "Income before taxes" (X) |
| | | 3. Calculate the Income taxes figure |
| | | 4. Calculate Operating Income |
| | | 5. Calculate Sales & Mkting Exp |
**## BUSN604Week1Assignment2025SmithAntoineWeek1.xlsx**
## Balance Sheet
| | | | | | | | |
| — | — | — | — | — | — | — | — |
| | You learned about Balance Sheets this week. Fill in the missing items below. |
| | | Enter the answers in blue shaded cells |
| | | ASSETS | | | LIABILITIES |
| | | Cash | $10,000 | | Accounts payable | $12,000 |
| | | Accounts receivable | 100,000 | | Notes payable | 50,000 |
| | | Inventory | | #1 | Total current liabilities | | #4 |
| | | Total current assets | $220,000 | | Long-term debt | | #5 |
| | | Gross PP&E | 500,000 | | Total Liabilities | $190,000 |
| | | Less accumulated depreciation | | #2 |
| | | Net PP&E | $375,000 | | EQUITY |
| | | Total Assets | | #3 | Common stock ($1 par; 100,000 shares) | 100,000 |
| | | | | | Paid-in capital | | #6 |
| | | | | | Retained earnings | 150,000 |
| | | | | | Total stockholders’ equity | | #7 |
| | | | | | Total Liabilities and Equity | | #8 |
| | | Reminder: A=L+E |
## Income Statement
| | | | | |
| — | — | — | — | — |
| | You learned about Income Statements this week. Fill in the missing items below. |
| | | Enter the answers in blue shaded cells |
| | | Sales | | #9 |
| | | COGS | 575,000 |
| | | Gross profit | $1,600,000 |
| | | G&A expense | 200,000 |
| | | Sales & Mkting expense | | #10 |
| | | Depreciation | 50,000 |
| | | Operating income | | #11 |
| | | Interest | 100,000 |
| | | Income before taxes | | #12 |
| | | Income taxes (30%) | | #13 |
| | | Net income | $700,000 |
| | | Steps: |
| | | 1: Calculate Sales |
| | | 2. Calculate Income before taxes. Taxes are 30%, so you know the Net Income (Y) is a percent of "Income before taxes" (X) |
| | | 3. Calculate the Income taxes figure |
| | | 4. Calculate Operating Income |
| | | 5. Calculate Sales & Mkting Exp |
**## AssignmentWeek1-BUSN604B006Spring2025-APEI.pdf**
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**## BUSN604Week1Assignment2025SmithAntoineWeek1.xlsx**
## Balance Sheet
| | | | | | | | |
| — | — | — | — | — | — | — | — |
| | You learned about Balance Sheets this week. Fill in the missing items below. |
| | | Enter the answers in blue shaded cells |
| | | ASSETS | | | LIABILITIES |
| | | Cash | $10,000 | | Accounts payable | $12,000 |
| | | Accounts receivable | 100,000 | | Notes payable | 50,000 |
| | | Inventory | | #1 | Total current liabilities | | #4 |
| | | Total current assets | $220,000 | | Long-term debt | | #5 |
| | | Gross PP&E | 500,000 | | Total Liabilities | $190,000 |
| | | Less accumulated depreciation | | #2 |
| | | Net PP&E | $375,000 | | EQUITY |
| | | Total Assets | | #3 | Common stock ($1 par; 100,000 shares) | 100,000 |
| | | | | | Paid-in capital | | #6 |
| | | | | | Retained earnings | 150,000 |
| | | | | | Total stockholders’ equity | | #7 |
| | | | | | Total Liabilities and Equity | | #8 |
| | | Reminder: A=L+E |
## Income Statement
| | | | | |
| — | — | — | — | — |
| | You learned about Income Statements this week. Fill in the missing items below. |
| | | Enter the answers in blue shaded cells |
| | | Sales | | #9 |
| | | COGS | 575,000 |
| | | Gross profit | $1,600,000 |
| | | G&A expense | 200,000 |
| | | Sales & Mkting expense | | #10 |
| | | Depreciation | 50,000 |
| | | Operating income | | #11 |
| | | Interest | 100,000 |
| | | Income before taxes | | #12 |
| | | Income taxes (30%) | | #13 |
| | | Net income | $700,000 |
| | | Steps: |
| | | 1: Calculate Sales |
| | | 2. Calculate Income before taxes. Taxes are 30%, so you know the Net Income (Y) is a percent of "Income before taxes" (X) |
| | | 3. Calculate the Income taxes figure |
| | | 4. Calculate Operating Income |
| | | 5. Calculate Sales & Mkting Exp |
**## AssignmentWeek1-BUSN604B006Spring2025-APEI.pdf**
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**## BUSN604Week1Assignment2025SmithAntoineWeek1.xlsx**
## Balance Sheet
| | | | | | | | |
| — | — | — | — | — | — | — | — |
| | You learned about Balance Sheets this week. Fill in the missing items below. |
| | | Enter the answers in blue shaded cells |
| | | ASSETS | | | LIABILITIES |
| | | Cash | $10,000 | | Accounts payable | $12,000 |
| | | Accounts receivable | 100,000 | | Notes payable | 50,000 |
| | | Inventory | | #1 | Total current liabilities | | #4 |
| | | Total current assets | $220,000 | | Long-term debt | | #5 |
| | | Gross PP&E | 500,000 | | Total Liabilities | $190,000 |
| | | Less accumulated depreciation | | #2 |
| | | Net PP&E | $375,000 | | EQUITY |
| | | Total Assets | | #3 | Common stock ($1 par; 100,000 shares) | 100,000 |
| | | | | | Paid-in capital | | #6 |
| | | | | | Retained earnings | 150,000 |
| | | | | | Total stockholders’ equity | | #7 |
| | | | | | Total Liabilities and Equity | | #8 |
| | | Reminder: A=L+E |
## Income Statement
| | | | | |
| — | — | — | — | — |
| | You learned about Income Statements this week. Fill in the missing items below. |
| | | Enter the answers in blue shaded cells |
| | | Sales | | #9 |
| | | COGS | 575,000 |
| | | Gross profit | $1,600,000 |
| | | G&A expense | 200,000 |
| | | Sales & Mkting expense | | #10 |
| | | Depreciation | 50,000 |
| | | Operating income | | #11 |
| | | Interest | 100,000 |
| | | Income before taxes | | #12 |
| | | Income taxes (30%) | | #13 |
| | | Net income | $700,000 |
| | | Steps: |
| | | 1: Calculate Sales |
| | | 2. Calculate Income before taxes. Taxes are 30%, so you know the Net Income (Y) is a percent of "Income before taxes" (X) |
| | | 3. Calculate the Income taxes figure |
| | | 4. Calculate Operating Income |
| | | 5. Calculate Sales & Mkting Exp |
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