Please show me how to properly do this
Multiple Enterprises, Inc.
Selected figures from the Balance Sheet and Income Statement of
Multiple Enterprises, Inc. are shown below. (Compute answer
accurate to two decimal places.)
From the Balance Sheet
From the Income Statement
Cash
$ 514,800
Net Sales
$1,900,000
Accounts Receivable
$ 324,000
Cost of Goods Sold
$ 796,000
Merchandise Inventory:
Net Income
$ 240,000
End of this year
$ 498,000
...