Stockholders' equity: Common stock, S0.000006 par value; 5,000 million Class A shares authorized, 2,407 million and 2,385 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively; 4,141 million Class B shares authorized, 445 million and 469 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively. Additional paid-in capital 45,851 42,906 Accumulated other comprehensive loss (489 (760 Retained earnings 55,692 41,981 Total stockholders' equity 101,054 $4,127 Total liabilities and stockholders' equity 133,376 97,334 "

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 6E: Balance Sheet Baggett Companys balance sheet accounts and amounts as of December 31, 2019, are shown...
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1. What have been the trends in growth/decline of assets, liabilities and stockholders’equity? 2.Review the long-term liability section of the balance sheet and describe the types of debt financing. 3. How many shares of stock does the company have outstandi
December 31,
2019
2018
Assets
Current assets:
Cash and cash equivalents
19,079
10,019
Marketable securities
35,776
31,095
Accounts receivable, net of allowances of $206 and $229 as of December 31, 2019 and December 31, 2018, respectively
9,518
7,587
Prepaid expenses and other current assets
1,852
1,779
Total current assets
66,225
50,480
Property and equipment, net
35,323
24,683
Operating lease right-of-use assets, net
9,460
Intangible assets, net
894
1,294
Goodwill
18,715
18.301
Other assets
2,759
2,576
Total assets
133.376
97.334
Liabilities and stockholders' equity
Current liabilities:
Accounts payable
1,363
820
Partners payable
86
541
Operating lease liabilities, current
800
Accrued expenses and other current liabilities
11,735
5,509
Deferred revenue and deposits
269
147
Total current liabilities
15,053
7,017
Operating lease liabilities, non-current
9,524
Other liabilities
7,745
6,190
Total liabilities
32,322
13,207
Transcribed Image Text:December 31, 2019 2018 Assets Current assets: Cash and cash equivalents 19,079 10,019 Marketable securities 35,776 31,095 Accounts receivable, net of allowances of $206 and $229 as of December 31, 2019 and December 31, 2018, respectively 9,518 7,587 Prepaid expenses and other current assets 1,852 1,779 Total current assets 66,225 50,480 Property and equipment, net 35,323 24,683 Operating lease right-of-use assets, net 9,460 Intangible assets, net 894 1,294 Goodwill 18,715 18.301 Other assets 2,759 2,576 Total assets 133.376 97.334 Liabilities and stockholders' equity Current liabilities: Accounts payable 1,363 820 Partners payable 86 541 Operating lease liabilities, current 800 Accrued expenses and other current liabilities 11,735 5,509 Deferred revenue and deposits 269 147 Total current liabilities 15,053 7,017 Operating lease liabilities, non-current 9,524 Other liabilities 7,745 6,190 Total liabilities 32,322 13,207
Stockholders' equity:
Common stock, S0.000006 par value; 5,000 million Class A shares authorized, 2,407 million and 2,385 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively;
4,141 million Class B shares authorized, 445 million and 469 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively.
Additional paid-in capital
42.906
45.851
Accumulated other comprehensive loss
(489
(760
Retained earnings
55.692
41.981
Total stockholders' equity
101.054
84.127
Total liabilities and stockholders' equity
133,376
97.334
Transcribed Image Text:Stockholders' equity: Common stock, S0.000006 par value; 5,000 million Class A shares authorized, 2,407 million and 2,385 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively; 4,141 million Class B shares authorized, 445 million and 469 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively. Additional paid-in capital 42.906 45.851 Accumulated other comprehensive loss (489 (760 Retained earnings 55.692 41.981 Total stockholders' equity 101.054 84.127 Total liabilities and stockholders' equity 133,376 97.334
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