Question: 16.<a rel=66 points Financial data for Bridger, Inc., for last year are as follows: Bridger, Inc Balance…” />

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Question: 16.66 points Financial data for Bridger, Inc., for last year are as follows: Bridger, Inc Balance…
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Question: 16.66 points Financial data for Bridger, Inc., for last year are as follows: Bridger, Inc Balance...

Show transcribed image text 16.66 points Financial data for Bridger, Inc., for last year are as follows: Bridger, Inc Balance Sheet Beginning Ending Balance Balance Assets 125.000 130.000 Cash 340,000 480,000 Accounts receivable 570,000 490.000 Inventory Plant and equipment, net 845.000 20.000 Investment in Brier Company 400,000 430.000 Land (undeveloped) 250,000 250,000 Total assets 2,530,000 2,600,000 Liabilities and Stockholders' Equity 380,000 340,000 Accounts payable Long-term debt 1,000,000 1,000,000 Stockholders' equity 1,150,000 1.260.000 Total liabilities and stockholders' equity 2,530,000 2,600,000 Bridger, Inc Income Statement 4,180,000 Sales Operating expenses 3,553,000 627,000 Net operating income Interest and taxes: 120,000 Interest expense Tax expense 200,000 320.000 307,000 Net income

16.66 points Financial data for Bridger, Inc., for last year are as follows: Bridger, Inc Balance Sheet Beginning Ending Balance Balance Assets 125.000 130.000 Cash 340,000 480,000 Accounts receivable 570,000 490.000 Inventory Plant and equipment, net 845.000 20.000 Investment in Brier Company 400,000 430.000 Land (undeveloped) 250,000 250,000 Total assets 2,530,000 2,600,000 Liabilities and Stockholders' Equity 380,000 340,000 Accounts payable Long-term debt 1,000,000 1,000,000 Stockholders' equity 1,150,000 1.260.000 Total liabilities and stockholders' equity 2,530,000 2,600,000 Bridger, Inc Income Statement 4,180,000 Sales Operating expenses 3,553,000 627,000 Net operating income Interest and taxes: 120,000 Interest expense Tax expense 200,000 320.000 307,000 Net income

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