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5 Feb 2018
The 2009 balance sheet of Maria's Tennis Shop, Inc., showed $3.4 million in long-term debt, $803,600 in the common stock account, and $6.26 million in the additional paid-in surplus account. The 2010 balance sheet showed $4.1 million, $863,550, and $7.9 million in the same three accounts, respectively. The 2010 income statement showed an interest expense of $755,000. The company paid out $600,000 in cash dividends during 2010.
The 2009 balance sheet of Maria's Tennis Shop, Inc., showed $3.4 million in long-term debt, $803,600 in the common stock account, and $6.26 million in the additional paid-in surplus account. The 2010 balance sheet showed $4.1 million, $863,550, and $7.9 million in the same three accounts, respectively. The 2010 income statement showed an interest expense of $755,000. The company paid out $600,000 in cash dividends during 2010.
Bunny GreenfelderLv2
8 Feb 2018