3,274,000 58,126,000 196,719,000 354,959,000

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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Compare and analyze the data provided. Explain clearly.
2019
2020
Liabilities
ST Debt &Current Portion LT Debt
49,322,000
86,259,000
Accounts Payable
Income Tax Payable
85,997,000
82,599,000
3,274,000
2,649,000
Other Current Liabilities
58,126,000
68,449,000
TOTAL CURRENT LIABILITIES
196,719,000
239,957,000
Long-Term Debt
354,959,000
359,600,000
Deferred Taxes
6,483,000
7,943,000
Other Liabilities
46,732,000
47,624,000
TOTAL LIABILITIES
604,893,000
655,124,000
Transcribed Image Text:2019 2020 Liabilities ST Debt &Current Portion LT Debt 49,322,000 86,259,000 Accounts Payable Income Tax Payable 85,997,000 82,599,000 3,274,000 2,649,000 Other Current Liabilities 58,126,000 68,449,000 TOTAL CURRENT LIABILITIES 196,719,000 239,957,000 Long-Term Debt 354,959,000 359,600,000 Deferred Taxes 6,483,000 7,943,000 Other Liabilities 46,732,000 47,624,000 TOTAL LIABILITIES 604,893,000 655,124,000
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