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2018 2019 Assets Current assets Cash Accounts receivable Inventory 2018 2019 Liabilities and Owners' Equity Current...
The income statement and balance sheet for GUS, Inc. are provided below. (Note that the reported...
The income statement and balance sheet for GUS, Inc. are provided below. (Note that the reported figures in the statements are expressed in thousands of dollars.) GUS, INC. Balance Sheets as of December 31, 2018 and 2019 (in 000s) 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 100 $ 175 Accounts payable $ 300 $ 380 Accounts receivable 300 275 Notes payable 500 560 Inventory 450 500 Total $ 850 $ 950 Total...
Assets Current assets Cash Accounts receivable Inventory FUT VUUS) 2018 2019 2018 2019 Liabilities and Owners'...
Assets Current assets Cash Accounts receivable Inventory FUT VUUS) 2018 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 100 $ 115 Accounts payable $ 75 $ 105 170 150 Notes payable 100 120 120 120 Total $ 390 $ 385 Total $ 175 $ 225 $ 250 $ 290 Long-term debt Owners' equity Common stock Accumulated retained earnings 122 $ 190 $ 275 Fixed assets 348 Net plant and equipment $ 500 $ 600 Total Equity $ 465...
SCOTT, INC. Balance Sheet as of December 31, 2019 Assets Liabilities and Owners' Equity Current assets...
SCOTT, INC. Balance Sheet as of December 31, 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 20,640 Accounts payable $ 54,800 Accounts receivable 43,580 Notes payable 14,000 Inventory 91,960 Total $ 68,800 Total $ 156,180 Long-term debt $ 130,000 Fixed assets Net plant and equipment $423,000 Owners' equity Common stock and paid-in $114.500 surplus Retained earnings 265,880 Total $380,380 Total assets $ 579,180 Total liabilities and owners' equity $ 579,180 If the firm is operating at...
2019 2018 2019 2018 Liabilities and Owners' Equity Current liabilities Accounts payable $ 70,322 $ 88,509...
2019 2018 2019 2018 Liabilities and Owners' Equity Current liabilities Accounts payable $ 70,322 $ 88,509 Assets Current assets Cash Accounts receivable Inventory $ 185,922 81,020 $ 193,611 132,588 66,281 86,639 Notes payable 114,322 178,920 Total $266,942 $ 326,199 Total $250,925 $354,068 $229,000 $ 165,750 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $226,000 187,930 $226,000 226,197 Fixed assets Net plant and equipment $658,947 $590,078 Total $ 413,930 $ 452,197 944 146 Total liabilities and owners!...
2018 2019 Assets Current assets Cash $ 5,298 $ 5,827 Accounts receivable 7,707 9.477 Inventory 12.150...
2018 2019 Assets Current assets Cash $ 5,298 $ 5,827 Accounts receivable 7,707 9.477 Inventory 12.150 22,956 2018 2019 Liabilities and Owners' Equity Current liabilities Accounts payable $ 3,754 $ 5.986 Notes payable 2,045 3,055 Other 152 179 Total $ 5,951 $ 9,220 Total $ 25,155 $38,260 $ 22,700 $ 19.000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 43.000 $ 43,000 28,805 47189 Fixed assets Net plant and equipment $ 75,301 $ 80,149 Total...
2018 2019 Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Curre...
2018 2019 Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets $ 3,106 $ 3,312 Current liabilities 14,005 14,506 Net fixed assets Long-term debt $1,369 $ 2,028 10 points 7,317 8,364 Skipped CABO WABO, INC. 2019 Income Statement Sales 22,497 Costs $44,925 eBook 3,855 Print Depreciation Interest paid 1,005 References b. a. What is owners' equity for 2018 and 2019? (Do not round intermediate calculations and round your answers to...
CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets 2018 2019 Liabilities and Owne...
CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets 2018 2019 Liabilities and Owners' Equity Current assets $ 2.989 $ 3,169 Current liabilities Net fixed assets $1.291 13,862 $1,898 14,493 Long-term debt 7.161 8,221 CABO WABO, INC. 2019 Income Statement Sales $44,730 Costs 22,432 Depreciation 3,777 Interest paid 1,032 a. What is owners' equity for 2018 and 2019? b. What is the change in net working capital for 2019? c. In 2019, the...
2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current...
2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets $ 1,212 $ 1,315 Current liabilities $ 489 $ 547 Net fixed assets 4.980 5.999 Long-term debt 2,639 2,807 $ 15,346 PARROTHEAD ENTERPRISES 2018 Income Statement Sales Costs 7,144 Depreciation 1,369 Interest paid 392 a. What is owners' equity for 2017 and 2018? (Do not round intermediate calculations.) b. What is the change in net working capital for 2018? (Do not round intermediate...
2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 Current assets 4,500 4,800...
2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 Current assets 4,500 4,800 Net fixed assets 3,800 Total assets 4,300 9,100 8,300 Notes payable 300 Accounts payable 500 Accruals Current portion of long- term debt Current liabilities 1,220 Long-term debt 4,300 Common stock ($.20 par) 1,200 Additional paid-in capital 680 Retained earnings Total liabilities and equity 8,300 Het income as reported on the 2012 Income statement) - 528 960 4,900 1,300 740 1,200 900 9,100 Depreciation as...
2018 2019 Assets Current assets Cash $ 5,298 $ 5,827 Accounts receivable 7,707 9,477 Inventory 12,150...
2018 2019 Assets Current assets Cash $ 5,298 $ 5,827 Accounts receivable 7,707 9,477 Inventory 12,150 22.956 2018 2019 Liabilities and Owners' Equity Current liabilities Accounts payable $ 3,754 $ 5,986 Notes payable 2,045 3,055 Other 152 179 Total $ 25,155 $38,260 Total $ 5,951 $ 9,220 $.22,700 $ 19,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 43,000 $ 43,000 28,805 47189 Fixed assets Net plant and equipment $ 75,301 $ 80,149 Total $...
The income statement and balance sheet for GUS, Inc. are provided below. (Note that the reported figures in the statements are expressed in thousands of dollars.) GUS, INC. Balance Sheets as of December 31, 2018 and 2019 (in 000s) 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 100 $ 175 Accounts payable $ 300 $ 380 Accounts receivable 300 275 Notes payable 500 560 Inventory 450 500 Total $ 850 $ 950 Total...
Assets Current assets Cash Accounts receivable Inventory FUT VUUS) 2018 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 100 $ 115 Accounts payable $ 75 $ 105 170 150 Notes payable 100 120 120 120 Total $ 390 $ 385 Total $ 175 $ 225 $ 250 $ 290 Long-term debt Owners' equity Common stock Accumulated retained earnings 122 $ 190 $ 275 Fixed assets 348 Net plant and equipment $ 500 $ 600 Total Equity $ 465...
SCOTT, INC. Balance Sheet as of December 31, 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 20,640 Accounts payable $ 54,800 Accounts receivable 43,580 Notes payable 14,000 Inventory 91,960 Total $ 68,800 Total $ 156,180 Long-term debt $ 130,000 Fixed assets Net plant and equipment $423,000 Owners' equity Common stock and paid-in $114.500 surplus Retained earnings 265,880 Total $380,380 Total assets $ 579,180 Total liabilities and owners' equity $ 579,180 If the firm is operating at...
2019 2018 2019 2018 Liabilities and Owners' Equity Current liabilities Accounts payable $ 70,322 $ 88,509 Assets Current assets Cash Accounts receivable Inventory $ 185,922 81,020 $ 193,611 132,588 66,281 86,639 Notes payable 114,322 178,920 Total $266,942 $ 326,199 Total $250,925 $354,068 $229,000 $ 165,750 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $226,000 187,930 $226,000 226,197 Fixed assets Net plant and equipment $658,947 $590,078 Total $ 413,930 $ 452,197 944 146 Total liabilities and owners!...
2018 2019 Assets Current assets Cash $ 5,298 $ 5,827 Accounts receivable 7,707 9.477 Inventory 12.150 22,956 2018 2019 Liabilities and Owners' Equity Current liabilities Accounts payable $ 3,754 $ 5.986 Notes payable 2,045 3,055 Other 152 179 Total $ 5,951 $ 9,220 Total $ 25,155 $38,260 $ 22,700 $ 19.000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 43.000 $ 43,000 28,805 47189 Fixed assets Net plant and equipment $ 75,301 $ 80,149 Total...
2018 2019 Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets $ 3,106 $ 3,312 Current liabilities 14,005 14,506 Net fixed assets Long-term debt $1,369 $ 2,028 10 points 7,317 8,364 Skipped CABO WABO, INC. 2019 Income Statement Sales 22,497 Costs $44,925 eBook 3,855 Print Depreciation Interest paid 1,005 References b. a. What is owners' equity for 2018 and 2019? (Do not round intermediate calculations and round your answers to...
CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets 2018 2019 Liabilities and Owners' Equity Current assets $ 2.989 $ 3,169 Current liabilities Net fixed assets $1.291 13,862 $1,898 14,493 Long-term debt 7.161 8,221 CABO WABO, INC. 2019 Income Statement Sales $44,730 Costs 22,432 Depreciation 3,777 Interest paid 1,032 a. What is owners' equity for 2018 and 2019? b. What is the change in net working capital for 2019? c. In 2019, the...
2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets $ 1,212 $ 1,315 Current liabilities $ 489 $ 547 Net fixed assets 4.980 5.999 Long-term debt 2,639 2,807 $ 15,346 PARROTHEAD ENTERPRISES 2018 Income Statement Sales Costs 7,144 Depreciation 1,369 Interest paid 392 a. What is owners' equity for 2017 and 2018? (Do not round intermediate calculations.) b. What is the change in net working capital for 2018? (Do not round intermediate...
2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 Current assets 4,500 4,800 Net fixed assets 3,800 Total assets 4,300 9,100 8,300 Notes payable 300 Accounts payable 500 Accruals Current portion of long- term debt Current liabilities 1,220 Long-term debt 4,300 Common stock ($.20 par) 1,200 Additional paid-in capital 680 Retained earnings Total liabilities and equity 8,300 Het income as reported on the 2012 Income statement) - 528 960 4,900 1,300 740 1,200 900 9,100 Depreciation as...
2018 2019 Assets Current assets Cash $ 5,298 $ 5,827 Accounts receivable 7,707 9,477 Inventory 12,150 22.956 2018 2019 Liabilities and Owners' Equity Current liabilities Accounts payable $ 3,754 $ 5,986 Notes payable 2,045 3,055 Other 152 179 Total $ 25,155 $38,260 Total $ 5,951 $ 9,220 $.22,700 $ 19,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 43,000 $ 43,000 28,805 47189 Fixed assets Net plant and equipment $ 75,301 $ 80,149 Total $...
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