ABC Company Balance Sheet Period Ending Assets Current Assets Cash and Cash Equivalents Net Receivables Inventory Other Current Assets 2015 2014 2013 $9,135,000 $7,281,000 $6,789,000 6,778,000 6,677,000 45,141,000 44,858,000 6,525,000 43,989,000 2,224,000 2,369,000 2,199,000 Total Current Assets 63,278,000 61,185,000 59,502,000 Property Plant and Equipment 116,655,000 117,907,000 120,300,000 Goodwill 18,102,000 19,510,000 17,900,000 Other Assets 5,671,000 6,149,000 4,500,000 Total Assets 203,706,000 204,751,000 202,202,000

ABC Company Balance Sheet Period Ending Assets Current Assets Cash and Cash Equivalents Net Receivables Inventory Other Current Assets 2015 2014 2013 $9,135,000 $7,281,000 $6,789,000 6,778,000 6,677,000 45,141,000 44,858,000 6,525,000 43,989,000 2,224,000 2,369,000 2,199,000 Total Current Assets 63,278,000 61,185,000 59,502,000 Property Plant and Equipment 116,655,000 117,907,000 120,300,000 Goodwill 18,102,000 19,510,000 17,900,000 Other Assets 5,671,000 6,149,000 4,500,000 Total Assets 203,706,000 204,751,000 202,202,000

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 3.5C

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Balance Sheet for Bearcat Hathaway, 2022 2021 2022 Cash Accounts. Receivable $5,268,485 $10,268,485 Inventory $529,062 $696,685 Current Assets $8,371,777 $13,279,842 Less $2,574,230 $2,314,672 Gross Fixed Assets $16,251,665 $20,567,330 Accum.Depreciation Total Assets $7,460,897 $10,117,819 Accounts Payable Notes. Payable Current Liabilities Calculate the net working capital in 2022. Long Termi Debt Total Liabilities, None of these options are correct $10,572,740 $5,664,675 $8,854,338 $3,946,273 Total $17,162,545 $23,729,353 Liabilities and Equity Capital Surplus Retained. Earnings 2021 2022 $1,673,992 $2,438,271 Common Net Fixed Assets $8,790,768 $10,449,511 Stock ($0.50 $1,300,000 $1,600,000 par) $1,033,110 $1,987,233 $2,707,102 $4,425,504 $9,242,830 $11,468,302 $11,949,932 $15,893,806 $1,148,120 $1,800,969 $2,764,493 $4,434,578 $17,162,545 $23,729,353
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