Financial statement information for the beginning of year

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Reference no: EM131293132

Jet Company's summarized financial statement information for the beginning of the year is as follows: Marketable Securities $50,000 All Other Assets $150,000 Total Liabilities $80,000 Total Stockholders' Equity $120,000 During the year, Jet had Revenue of $83,000, Expenses of $51,000 and paid cash dividends of $9,000. Marketable Securities increased in value by 16% , liabilities remained unchanged for the year and Jet had 15,000 shares outstanding all year. Calculate the information that Jet would report on its financial statements at the end of the year.

CALCULATE:

NI:?

Total Assets:?

Total Liability: 80000

Total Equity:?

EPS:?

Reference no: EM131293132

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