Required information (The following information applies to the questions displayed below.) Marshall Company has been in...
9 00:47:46 Required Information [The following information applies to the questions displayed below) Marshall Company has been in business for several years now. Marshall Company's year-end balance sheets follow. At December 31 Current Ye 1 YE Ago 2 Yes Ago Assets Cash $ 33,240 $ 38,469 41,291 Accounts receivable, net 93,477 67,321 52,895 Merchandise Inventory 121,127 90,739 58,644 Prepaid expenses 10,704 10,300 4,363 plant assets, not 299,257 274,037 251,707 Total assets $557,805 $ 480,866 $ 408,900 Liabilities and Equity Accounts...
Required information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 26,752 81,533 103,517 8,615 247,036 $467,453 $ 31,593 $ 33,588 57,545 45,241...
Required information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. Current Yr1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 23,741 69,512 86,515 7,802 223,038 $410,608 $ 27,751 $ 29,805 49,556 39, 338...
Required information [The following information applies to the questions displayed below.] Simon Company’s year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 36,426 $ 41,743 $ 43,048 Accounts receivable, net 101,432 73,781 55,709 Merchandise inventory 132,737 94,601 59,324 Prepaid expenses 11,615 10,958 4,736 Plant assets, net 323,068 300,708 263,483 Total assets $ 605,278 $ 521,791 $ 426,300 Liabilities and Equity Accounts payable $ 153,729 $ 88,183 $ 57,960 Long-term notes payable...
Required information [The following information applies to the questions displayed below.] Simon Company’s year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 30,234 $ 35,340 $ 35,383 Accounts receivable, net 90,309 64,370 48,622 Merchandise inventory 109,049 85,894 51,270 Prepaid expenses 9,836 9,466 4,052 Plant assets, net 283,464 255,699 225,373 Total assets $ 522,892 $ 450,769 $ 364,700 Liabilities and Equity Accounts payable $ 127,596 $ 74,656 $ 48,622 Long-term notes payable...
Required information [The following information applies to the questions displayed below.] Simon Company’s year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 32,935 $ 38,498 $ 38,545 Accounts receivable, net 89,200 62,800 51,100 Merchandise inventory 114,000 85,000 51,000 Prepaid expenses 10,606 10,106 4,283 Plant assets, net 295,220 270,804 233,072 Total assets $ 541,961 $ 467,208 $ 378,000 Liabilities and Equity Accounts payable $ 138,997 $ 81,327 $ 51,393 Long-term notes payable...
Exercise 13-9 Analyzing risk and capital structure LO P3 (The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 29,466 84,571 105,290 8,936 256,608...
Required information [The following information applies to the questions displayed below.] Simon Company’s year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 37,056 $ 43,315 $ 43,368 Accounts receivable, net 89,500 62,700 51,500 Merchandise inventory 114,000 84,500 57,000 Prepaid expenses 11,933 11,370 4,819 Plant assets, net 357,289 323,786 268,613 Total assets $ 609,778 $ 525,671 $ 425,300 Liabilities and Equity Accounts payable $ 156,390 $ 91,504 $ 57,824 Long-term notes payable...
Exercise 13-9 Analyzing risk and capital structure LO P3 (The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 35,255 101,177 127,211 10,908 311,271...
Required information [The following information applies to the questions displayed below.] Simon Company’s year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 37,056 $ 43,315 $ 43,368 Accounts receivable, net 89,500 62,700 51,500 Merchandise inventory 114,000 84,500 57,000 Prepaid expenses 11,933 11,370 4,819 Plant assets, net 357,289 323,786 268,613 Total assets $ 609,778 $ 525,671 $ 425,300 Liabilities and Equity Accounts payable $ 156,390 $ 91,504 $ 57,824 Long-term notes payable...