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Marin Company's condensed financial statements provide the following information. MARIN COMPANY BALANCE SHEET Dec. 31, Dec....
Marin Company's condensed financial statements provide the following information. Dec 31, 2019 WO MARIN COMPANY BALANCE...
Marin Company's condensed financial statements provide the following information. Dec 31, 2019 WO MARIN COMPANY BALANCE SHEET Dec. 31, 2020 Cash $ 52,500 Accounts receivable (net) 199,800 Short-term investments 80,000 Inventory 439,400 Prepaid expenses 3,000 Total current assets $ 774,700 Property, plant, and equipment (net) 854,900 Total assets $1,629,600 Current liabilities 233,500 Bonds payable 402,000 Common stockholders' equity 994,100 Total liabilities and stockholders' equity $1,629,600 $59,500 80,000 39,800 363,300 6,900 $549,500 849,200 $1,398,700 154,600 402,000 8 42,100 $1,398,700 233.50 INCOME...
Exercise 13-18 a Martinez Company's condensed financial statements provide the following information. MARTINEZ COMPANY BALANCE SHEET...
Exercise 13-18 a Martinez Company's condensed financial statements provide the following information. MARTINEZ COMPANY BALANCE SHEET Dec. 31, 2020 Dec. 31, 2019 Cash $60,600 $52,400 Accounts receivable (net) 197,600 79,200 Short-term investments 40,000 79,200 361,900 Inventory 437,500 Prepaid expenses 3,000 7,000 Total current assets $769,700 $548,700 858,900 Property, plant, and equipment (net) 854,600 Total assets $1,624,300 $1,407,600 Current liabilities 233,500 167,200 Bonds payable 404,000 404,000 Common stockholders' equity 986,800 836,400 $1,407,600 Total liabilities and stockholders' equity $1,624,300 INCOME STATEMENT FOR...
Pronghorn Company’s condensed financial statements provide the following information. PRONGHORN COMPANY BALANCE SHEET Dec. 31, 2017...
Pronghorn Company’s condensed financial statements provide the following information. PRONGHORN COMPANY BALANCE SHEET Dec. 31, 2017 Dec. 31, 2016 Cash $ 52,400 $ 60,600 Accounts receivable (net) 197,600 79,200 Short-term investments 79,200 40,000 Inventory 437,500 361,900 Prepaid expenses 3,000 7,000 Total current assets $ 769,700 $ 548,700 Property, plant, and equipment (net) 854,600 858,900 Total assets $1,624,300 $1,407,600 Current liabilities 233,500 167,200 Bonds payable 404,000 404,000 Common stockholders’ equity 986,800 836,400 Total liabilities and stockholders’ equity $1,624,300 $1,407,600 INCOME STATEMENT...
Grouper Company's condensed financial statements provide the following information. GROUPER COMPANY BALANCE SHEET Dec. 31, 2017...
Grouper Company's condensed financial statements provide the following information. GROUPER COMPANY BALANCE SHEET Dec. 31, 2017 Dec. 31, 2016 Cash $51,900 $59,800 Accounts receivable (net) 199,900 79,300 Short-term investments 79,300 39,600 Inventory 442,700 359,900 Prepaid expenses 3,000 7,000 Total current assets $776,800 $545,600 Property, plant, and equipment (net) 850,400 845,400 Total assets $1,627,200 $1,391,000 Current liabilities 237,700 156,300 Bonds payable 398,800 398,800 Common stockhol ders' equity 990,700 835,900 Total liabilities and stockholders' equity $1,627,200 $1,391,000 INCOME STATEMENT FOR THE YEAR...
E 13-18 Prior Company's condensed financial statements provide the following information PRIOR COMPANY BALANCE SHEET Cash...
E 13-18 Prior Company's condensed financial statements provide the following information PRIOR COMPANY BALANCE SHEET Cash Accounts Receivables (net) Short Term Investments Inventory Prepaid expenses Total Current Assets Property. Plant and Equipment (net) Total Assets Current Liabilities Bonds Payable Common stockholder's equity Total liabilities and stockholder's equity Dec. 31 2017 $ 52,000 198,000 80,000 440,000 3,000 $ 773,000 857,000 $ 1,630,000 240,000 400,000 990,000 $ 1,630,000 Dec. 31 2016 $ 60,000 80,000 40.000 360,000 7,000 $ 547,000 853,000 $ 1,400,000...
The condensed financial statements of Blossom Company for the years 2019 and 2020 are presented as...
The condensed financial statements of Blossom Company for the years 2019 and 2020 are presented as follows. (Amounts in thousands.) BLOSSOM COMPANY Balance Sheets December 31 2020 2019 $330 $360 670 600 500 430 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets 120 160 1,620 210 420 530 1,550 210 380 510 Total assets $2,780 $2,650 $990 Current liabilities Long-term liabilities Stockholders' equity-common $1,100...
The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows....
The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands MURAWSKI COMPANY Balance Sheets December 31 2020 2019 $ 352 $ 354 360 1.268 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity $2.203 $ 804 $ 912 360 1.070 1.041 $2.205 $2364...
The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows....
The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.) MURAWSKI COMPANY Balance Sheets December 31 2020 2019 $ 367 472 472 122 1,433 15 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity $ 378 382 400 160 1,320 14 350 480...
Presented below is information related to Oriole Inc. ORIOLE INC. BALANCE SHEET DECEMBER 31, 2020 Cash...
Presented below is information related to Oriole Inc. ORIOLE INC. BALANCE SHEET DECEMBER 31, 2020 Cash $44,700 Notes payable (short-term) $49,600 Receivables $110,700 Accounts payable 32,200 Less: Allowance 14,900 95,800 Accrued liabilities 5,000 Inventory 168,600 Common stock (par $5) 260,900 Prepaid insurance 8,000 Retained earnings 138,200 Land 19,800 Equipment (net) 149,000 $485,900 $485,900 ORIOLE INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $1,391,400 Cost of goods sold Inventory, Jan. 1, 2020 $199,400 Purchases 784,400 Cost...
Presented below is information related to Pronghorn Inc. PRONGHORN INC. BALANCE SHEET DECEMBER 31, 2020 Cash...
Presented below is information related to Pronghorn Inc. PRONGHORN INC. BALANCE SHEET DECEMBER 31, 2020 Cash $44,900 Notes payable (short-term) $50,000 Receivables $109,800 Accounts payable 32,000 Less: Allowance 15,100 94,700 Accrued liabilities 5,100 Inventory 171,200 Common stock (par $5) 261,800 Prepaid insurance 8,100 Retained earnings 141,000 Land 20,200 Equipment (net) 150,800 $489,900 $489,900 PRONGHORN INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $1,401,600 Cost of goods sold Inventory, Jan. 1, 2020 $199,600 Purchases 796,000 Cost...
Marin Company's condensed financial statements provide the following information. Dec 31, 2019 WO MARIN COMPANY BALANCE SHEET Dec. 31, 2020 Cash $ 52,500 Accounts receivable (net) 199,800 Short-term investments 80,000 Inventory 439,400 Prepaid expenses 3,000 Total current assets $ 774,700 Property, plant, and equipment (net) 854,900 Total assets $1,629,600 Current liabilities 233,500 Bonds payable 402,000 Common stockholders' equity 994,100 Total liabilities and stockholders' equity $1,629,600 $59,500 80,000 39,800 363,300 6,900 $549,500 849,200 $1,398,700 154,600 402,000 8 42,100 $1,398,700 233.50 INCOME...
Exercise 13-18 a Martinez Company's condensed financial statements provide the following information. MARTINEZ COMPANY BALANCE SHEET Dec. 31, 2020 Dec. 31, 2019 Cash $60,600 $52,400 Accounts receivable (net) 197,600 79,200 Short-term investments 40,000 79,200 361,900 Inventory 437,500 Prepaid expenses 3,000 7,000 Total current assets $769,700 $548,700 858,900 Property, plant, and equipment (net) 854,600 Total assets $1,624,300 $1,407,600 Current liabilities 233,500 167,200 Bonds payable 404,000 404,000 Common stockholders' equity 986,800 836,400 $1,407,600 Total liabilities and stockholders' equity $1,624,300 INCOME STATEMENT FOR...
Grouper Company's condensed financial statements provide the following information. GROUPER COMPANY BALANCE SHEET Dec. 31, 2017 Dec. 31, 2016 Cash $51,900 $59,800 Accounts receivable (net) 199,900 79,300 Short-term investments 79,300 39,600 Inventory 442,700 359,900 Prepaid expenses 3,000 7,000 Total current assets $776,800 $545,600 Property, plant, and equipment (net) 850,400 845,400 Total assets $1,627,200 $1,391,000 Current liabilities 237,700 156,300 Bonds payable 398,800 398,800 Common stockhol ders' equity 990,700 835,900 Total liabilities and stockholders' equity $1,627,200 $1,391,000 INCOME STATEMENT FOR THE YEAR...
E 13-18 Prior Company's condensed financial statements provide the following information PRIOR COMPANY BALANCE SHEET Cash Accounts Receivables (net) Short Term Investments Inventory Prepaid expenses Total Current Assets Property. Plant and Equipment (net) Total Assets Current Liabilities Bonds Payable Common stockholder's equity Total liabilities and stockholder's equity Dec. 31 2017 $ 52,000 198,000 80,000 440,000 3,000 $ 773,000 857,000 $ 1,630,000 240,000 400,000 990,000 $ 1,630,000 Dec. 31 2016 $ 60,000 80,000 40.000 360,000 7,000 $ 547,000 853,000 $ 1,400,000...
The condensed financial statements of Blossom Company for the years 2019 and 2020 are presented as follows. (Amounts in thousands.) BLOSSOM COMPANY Balance Sheets December 31 2020 2019 $330 $360 670 600 500 430 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets 120 160 1,620 210 420 530 1,550 210 380 510 Total assets $2,780 $2,650 $990 Current liabilities Long-term liabilities Stockholders' equity-common $1,100...
The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands MURAWSKI COMPANY Balance Sheets December 31 2020 2019 $ 352 $ 354 360 1.268 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity $2.203 $ 804 $ 912 360 1.070 1.041 $2.205 $2364...
The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.) MURAWSKI COMPANY Balance Sheets December 31 2020 2019 $ 367 472 472 122 1,433 15 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity $ 378 382 400 160 1,320 14 350 480...
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