E122A bookstatic Assume Mailcolm Tech Inc is expanding into

E1-22A (book/static) Assume Mailcolm Tech, Inc., is expanding into China. The company must decide where to locate and how to finance the expansion Requirement 1. Identify the financial statement where these decision makers can find the following information about Malcolm Tech, Inc. In some cases, more than one statement Question Help will report the needed data. statement or retainea earnings ana statement or casn nows Balance sheet and Statement of cash flows Balance sheet Income statement c. Ending cash balance d. Total assets e.Selling, general, and administrative expense f. Adjustments to reconcile net income to net provided by operations g. Cash spent to acquire the building cash Sta tement of cash flows Statement of cash flows h. Current liabilities i. Income tax expense J. Net income k. Common stock I. Ending balance of retained earnings m. Income tax payable n. Long-term debt Cick to select your answerfs) and then click Check Answer

Solution

h. Current liabilities Balance sheet i. Income tax expenses Income statement j. Net income Income statement statement of retained earnings k. Common stock statement of retained earnings Balance sheet l. Ending balance of retained earnings statement of retained earnings m. Income tax payable Balance sheet n. Long-term debt Balance sheet