ORIOLE COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents Accounts receivable...
The condensed financial statements of Ivanhoe Company for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) IVANHOE COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 550 Inventory 530 460 Prepaid expenses 160 120 1,530 Total current assets 1,460 Investments Property, plant, and equipment (net) Intangibles and other assets Total assets 420 380 530 510 $2,570 $2,440 $980 $870 480 450 1,110 1,120 Current liabilities Long-term liabilities...
The following financial information is for Oriole Company. ORIOLE COMPANY Balance Sheets December 31 Assets 2017 2016 Cash $ 70,000 $ 69,000 Debt investments (short-term) 51,000 40,000 Accounts receivable 107,000 92,000 Inventory 234,000 167,000 Prepaid expenses 26,000 23,000 Land 135,000 135,000 Building and equipment (net) 261,000 184,000 Total assets $884,000 $710,000 Liabilities and Stockholders’ Equity Notes payable $172,000 $106,000 Accounts payable 66,000 52,000 Accrued liabilities 42,000 42,000 Bonds payable, due 2020 251,000 170,000 Common stock, $10 par 204,000 204,000 Retained...
Exercise 13-13 The condensed financial statements of Cullumber Company for the years 2016 and 2017 are presented below. CULLUMBER COMPANY Balance Sheets December 31 (in thousands) 2017 2016 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses $330 $360 650 580 620 550 130 160 1,730 1,650 410 380 190 190 530510 $2,860 $2,730 $1,000 $970 540 1,220 1,220 Total current assets Property, plant, and equipment (net) Investments Intangibles and other assets Total assets Current liabilities Long-term...
The condensed financial statements of Crane Company for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) CRANE COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 570 500 Inventory 580 510 Prepaid expenses 120 160 Total current assets 1,600 1,530 Investments 110 110 Property, plant, and equipment (net) 380 420 530 510 Intangibles and other assets $2,660 $2,530 Total assets $890 $1,000 Current liabilities 500 530 Long-term...
The condensed financial statements of Ivanhoe Company for the years 2016 and 2017 are presented below. IVANHOE COMPANY Balance Sheets December 31 (in thousands) 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 630 560 Inventory 600 530 Prepaid expenses 130 160 Total current assets 1,690 1,610 Property, plant, and equipment (net) 410 380 Investments 170 170 Intangibles and other assets 530 510 Total assets $2,800 $2,670 Current liabilities $980 $950 Long-term liabilities 620 520 Stockholders’...
The condensed financial statements of Crane Company for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) CRANE COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments $330 $360 570 500 580 510 120 160 1,600 1,530 110 110 420 380 530 510 $2,660 $2,530 $1,000 $890 530 500 Property, plant, and equipment (net) Intangibles and other assets Total assets Current liabilities Long-term...
BLOSSOM COMPANY Balance Sheets December 31 2020 2019 Current assets $330 $360 640 570 Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses 520 450 160 1,610 Total current assets 1,610 1,540 180 Investments 180 420 Property, plant, and equipment Intangibles and other assets 380 510 530 Total assets $2,740 $2,610 $960 $1,070 470 1,200 440 Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity 1,210 $2,740 $2,610 2019 $3,520 BLOSSOM COMPANY Income Statements For the Years...
The condensed financial statements of Ivanhoe Company for the years 2016 and 2017 are presented below. IVANHOE COMPANY Balance Sheets December 31 (in thousands) 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 580 510 Inventory 550 480 Prepaid expenses 130 160 Total current assets 1,590 1,510 Property, plant, and equipment (net) 410 380 Investments 120 120 Intangibles and other assets 530 510 Total assets $2,650 $2,520 Current liabilities $930 $900 Long-term liabilities 570 470 Stockholders’...
urrent Attempt in Progress The condensed financial statements of Crane Company for the years 2016 and 2017 are presented below. CRANE COMPANY Balance Sheets December 31 (in thousands) 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 530 460 Inventory 640 570 Prepaid expenses 130 160 Total current assets 1,630 1,550 Property, plant, and equipment (net) 410 380 Investments 70 70 Intangibles and other assets 530 510 Total assets $2,640 $2,510 Current liabilities $880 $850 Long-term...
Simon Company’s year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 31,800 $ 36,000 $ 37,200 Accounts receivable, net 88,100 62,000 50,500 Merchandise inventory 111,000 83,800 54,500 Prepaid expenses 10,300 9,350 4,600 Plant assets, net 280,000 257,000 235,000 Total assets $ 521,200 $ 448,150 $ 381,800 Liabilities and Equity Accounts payable $ 129,200 $ 75,250 $ 50,400 Long-term notes payable secured by mortgages on plant assets 98,000 100,000 82,600 Common stock, $10 par value 161,500 161,500...