Question

Retained earnings: $43,134 Accounts payable: $74,679 Accounts receivable: $34,701 Common stock: $119,986 Cash: $8,273 Short-term debt. $299 Inventory: $23,441 Goodwill: $48,332 Long-term debt: $80,177 Other noncurrent liabilities: $42,438 Net plant, property, and equipment: $192,325 Other noncurrent assets: $16,822 Long-term investments: $22,219 Other current assets: $14,600

Answer 1

Balance Sheet: D A B с Barron Pizza, Inc. Balance Sheet as of December 31, 2016 1 (S in thousands) 2 ASSETS LIABILITIES 3 Current Assets Current Liabilities 4 Cash $8,273 Accounts payable 5 Accounts receivable $34,701 Short-term debt 6 Inventory $23,441 Total current liabilities 7 Other current assets $14,600 Long-term debt 8 Other noncurrent liabilities 9 Total current assets $81,015 Total liabilities 10 Long-term investments $22,219 OWNER'S EQUITY 11 Goodwill $48,332 Common stock 12 Net plant, property, and equipment $192,325 Retained earnings 13 Other noncurrent assets $16,822 Total owner's equity TOTAL LIABILITIES AND 14 TOTA ASSETS $360,713 OWNERS' EQUITY $74,679 $299 $74,978 $80,177 $42.438 $197.593 $119,986 $43,134 $163,120 $360,713 Calculations are shown below: D A B с Barron Pizza, Inc. Balance Sheet as of December 31, 2016 1 (S in thousands) 2 ASSETS LIABILITIES 3 Current Assets Current Liabilities 4 Cash 8273 Accounts payable 5 Accounts receivable 34701 Short-term debt 6 Inventory 23441 Total current liabilities 7 Other current assets 14600 Long-term debt 8 Other noncurrent liabilities 9 Total current assets =SUM(B4:37) Total liabilities 10 Long-term investments 22219 OWNER'S EQUITY 11 Goodwill 48332 Common stock 12 Net plant, property, and equipment 192325 Retained earnings 13 Other noncurrent assets 16822 Total owner's equity TOTAL LIABILITIES AND 14 TOTA ASSETS =SUM(B8:B13) OWNERS' EQUITY 74679 299 =D4+D5 80177 42438 =SUMD6:08) 119986 43134 I=D11+D12 =D9+D13