eztomheducationcomhmtpx Required Exercises Questions 56of 10

ezto.mheducation.com/hm.tpx Required Exercises Questions 5-6(of 10) The following information applies to the questions displayed below pr ent for construction, fo tr. eading producer of agricultural equipment; a leading suppler or a broad range or industrial e credit, managed health care plans, and insurance products for businesses anc and marketer of a broad line of lawn and grounds care equipment; and a provider of following information is from a recent annual report (in millions of dollars): Interest Payable -Income Taxes Payable Beg. bal 190 127 634 168 Beg. bal. 154 424 166 Beg. bal 759 End. bal 191 End. bal. End. bal value 10.00 points

Solution

a Income Tax Paid Beginning Balance 154 (b) 1424 Less Ending Bal 166 ( a ) 1412 c Dividend Paid Beginning Balance 127 (d) 634 Less Ending Bal 168 ( c ) 593 f Interest expene Paid 759 Less Beg Balance 190 Less Ending Bal 191 f 378