P14-3 (similar to)Balance sheet. Fill in the missing information on the annual balance sheet statements for Barron Pizza, Inc.,Current liabilitiesAccounts payable74,305 $66,268Short-term debt229 $165Total current liabilities80,821 $74,610 SLong-term debt61,071 SS185,073Other liabilities28,865 S20,262Total liabilities187,833 $ 243,415 SOWNERS' EQUITYCommon stock102.467 $ 102,063Retained earnings39,203 S13 613Total owners' equityTOTAL LIABILITIESAND OWNERS' EQUITY347,144 S 365,302 Scheck Answer.%24%24%24%24%24%24%24%24%24%24%24%24%24%24 Balance sheet. Fill in the missing information on the annual balance sheet statements for Barron Pizza, Inc., EВаrron Pizza, Inc.Balance Sheet as of December 31, 2012, 2013, and 2014(S in thousands)LIABILITIES201420132012Current liabilitiesAccounts payable74,305 $66.268Short-term debt229 S$4165Total current liabilities80,821 S74,610 $Long-term debt$61,071 $185.073Other liabilities28,865 S20,262Total liabilities187,833 S243,415 SOWNERS' EQUITYCommon stock102,467 S102,063Retained earnings39,203 $13,613%24%24%24%24%24%24%24%24%24%24%24%24%24

2012 Total current liabilities = 66268+165 = 66433 Total liabilities = 66433 + 185073 + 20262 =…

LIABILITIES 2014 2013 Current liabilities Accounts payable %24 74,305 $ 66,268 Short-term debt 229 $ $. 165 Total current liabilities 80,821 $ 74,610 $ Long-term debt $. 61,071 $ %24 185,073 Other liabilities 28,865 $ 20,262 Total liabilities 24 187,833 $ 243,415 $ OWNERS' EQUITY Common stock %24 102.467 $ 102,063 Rotained earnings 39,203 $ 24 13,613 %24 %24 %24 %24 %24 %24 %24 %24 %24

LIABILITIES 2014 2013 Current liabilities Accounts payable %24 74,305 $ 66,268 Short-term debt 229 $ $. 165 Total current liabilities 80,821 $ 74,610 $ Long-term debt $. 61,071 $ %24 185,073 Other liabilities 28,865 $ 20,262 Total liabilities 24 187,833 $ 243,415 $ OWNERS' EQUITY Common stock %24 102.467 $ 102,063 Rotained earnings 39,203 $ 24 13,613 %24 %24 %24 %24 %24 %24 %24 %24 %24

Fundamentals of Financial Management, Concise Edition (MindTap Course List)

9th Edition

ISBN:9781305635937

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter3: Financial Statements, Cash Flow, And Taxes

Section: Chapter Questions

Problem 2DQ

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