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2019 2018 ASSETS Current assets: Cash and cash equivalents 358,260 279,232 282,220 165,125 76,962 351,395 Marketable securities Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets 80,461 370,507 114,296 103,055 Total current assets Property and equipment, net Marketable securities 1,202,756 796,029 57,292 978,757 813,768 58,688 Deferred income taxes and other assets 104,438 2,160,515 101,567 1,952,780 Total Assets LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities 144,414 54,799 128,246 36,058 187,431 386,644 195,910 360,214 Total current liabilities Long-term debt 284,773 671,417 291,663 651,877 Deferred rent and other liabilities Total Liabilities Commitments and contingencies (see Note 14) Shareholders’ equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders’ Equity Total Liabilities and Shareholders’ Equity 11 684 1,516,190 1,310,859 (27,103) 1,489,098 2,160,515 (10,651) 1,300,903 1,952,780

2019 2018 ASSETS Current assets: Cash and cash equivalents 358,260 279,232 282,220 165,125 76,962 351,395 Marketable securities Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets 80,461 370,507 114,296 103,055 Total current assets Property and equipment, net Marketable securities 1,202,756 796,029 57,292 978,757 813,768 58,688 Deferred income taxes and other assets 104,438 2,160,515 101,567 1,952,780 Total Assets LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities 144,414 54,799 128,246 36,058 187,431 386,644 195,910 360,214 Total current liabilities Long-term debt 284,773 671,417 291,663 651,877 Deferred rent and other liabilities Total Liabilities Commitments and contingencies (see Note 14) Shareholders’ equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders’ Equity Total Liabilities and Shareholders’ Equity 11 684 1,516,190 1,310,859 (27,103) 1,489,098 2,160,515 (10,651) 1,300,903 1,952,780

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is the company common stock’s “Book Value” per share ?

2019 2018 ASSETS Current assets: Cash and cash equivalents 358,260 279,232 282,220 165,125 76,962 351,395 Marketable securities Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets 80,461 370,507 114,296 103,055 Total current assets Property and equipment, net Marketable securities 1,202,756 796,029 57,292 978,757 813,768 58,688 Deferred income taxes and other assets 104,438 2,160,515 101,567 1,952,780 Total Assets LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities 144,414 54,799 128,246 36,058 187,431 386,644 195,910 360,214 Total current liabilities Long-term debt 284,773 671,417 291,663 651,877 Deferred rent and other liabilities Total Liabilities Commitments and contingencies (see Note 14) Shareholders’ equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders’ Equity Total Liabilities and Shareholders’ Equity 11 684 1,516,190 1,310,859 (27,103) 1,489,098 2,160,515 (10,651) 1,300,903 1,952,780
Transcribed Image Text:2019 2018 ASSETS Current assets: Cash and cash equivalents 358,260 279,232 282,220 165,125 76,962 351,395 Marketable securities Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets 80,461 370,507 114,296 103,055 Total current assets Property and equipment, net Marketable securities 1,202,756 796,029 57,292 978,757 813,768 58,688 Deferred income taxes and other assets 104,438 2,160,515 101,567 1,952,780 Total Assets LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities 144,414 54,799 128,246 36,058 187,431 386,644 195,910 360,214 Total current liabilities Long-term debt 284,773 671,417 291,663 651,877 Deferred rent and other liabilities Total Liabilities Commitments and contingencies (see Note 14) Shareholders’ equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders’ Equity Total Liabilities and Shareholders’ Equity 11 684 1,516,190 1,310,859 (27,103) 1,489,098 2,160,515 (10,651) 1,300,903 1,952,780
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