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Problem Set

Please find attached document. Only do part -1 of the document

In part-1 there are 4 things to do.

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Problem Set
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Part 1: Financial Statements

A. Prepare the income statement for 2016 and 2017. Include statement of retained earnings for 2017. The company paid $11,000 dividend in 2017.

B. Prepare the balance sheet for 2016 and 2017

C. Prepare Common-Size financial statements of income statement and balance sheet.

D. Prepare Statement of Cash Flows.

Phyllis Mugure

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