Simple Things Industries Ltd. Comparative Balance Sheet December 31, 2014 and 2013 2014 | 2013 Increase/(Decrease) Assets Cash 238,000 215,200 Accounts Receivable 303,200 259,300 Inventories 358,300 348,200 Prepaid expenses Intangible assets Plant assets, net 35,350 43,100 205,000 205,000 ? 1,105,000 910,000 ? Total Assets 2,244,850 1,980,800 Liabilities 254,300 415,300 240,000 ? Acemed liabilities onverted by P to 410,000 Income tax payable Long-term notes payable Stockholders Equity Čommon Stock 115,000 135,400 845,400 910,500 ? htetelak RauiyW.PDF-Helper.com/pdf-to-jpg/ 295,500 275,300 Retained earnings 345,600 295,400 ? Treasury stock Total liabilities and stockholders' equity (26,250) 2,244,850 (285,800) 1,980,800
Simple Things Industries Ltd. Comparative Balance Sheet December 31, 2014 and 2013 2014 | 2013 Increase/(Decrease) Assets Cash 238,000 215,200 Accounts Receivable 303,200 259,300 Inventories 358,300 348,200 Prepaid expenses Intangible assets Plant assets, net 35,350 43,100 205,000 205,000 ? 1,105,000 910,000 ? Total Assets 2,244,850 1,980,800 Liabilities 254,300 415,300 240,000 ? Acemed liabilities onverted by P to 410,000 Income tax payable Long-term notes payable Stockholders Equity Čommon Stock 115,000 135,400 845,400 910,500 ? htetelak RauiyW.PDF-Helper.com/pdf-to-jpg/ 295,500 275,300 Retained earnings 345,600 295,400 ? Treasury stock Total liabilities and stockholders' equity (26,250) 2,244,850 (285,800) 1,980,800
Fundamentals of Financial Management (MindTap Course List)
15th Edition
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 24P: Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales 795.0 Cost of...
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