$ 1,000 2,000 2,400 2,500 4,356 8,000 3,400 $ 200 500 1,000 4,800 Cash Receivables-net %2$ Inventories Plant assets-net Investment in Sun-90% Cost of sales Other expenses Dividends 3,900 1,600 500 $ 12.500 1,000 $24,656
$ 1,000 2,000 2,400 2,500 4,356 8,000 3,400 $ 200 500 1,000 4,800 Cash Receivables-net %2$ Inventories Plant assets-net Investment in Sun-90% Cost of sales Other expenses Dividends 3,900 1,600 500 $ 12.500 1,000 $24,656
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
prepare consolidated financial statement

Transcribed Image Text:ube
Maps
Translate
mes
SoIu. Durng 2010 anu 2U17, saies vy Sun to ram were po00,000 anu sou0,U0U, respecuvery.
Summary adjusted trial balances for Pam and Sun at December 31, 2017, follow (in
thousands):
Pam
Sun
Cash
$ 1,000
$ 200
Receivables-net
Inventories
Plant assets-net
2,000
2,400
2,500
4,356
500
1,000
4,800
Investment in Sun-90%
Cost of sales
Other expenses
Dividends
3,900
1,600
500
$ 12,500
8,000
3,400
1,000
$24,656
Pam
Sun
$ 1,500
600
Accounts payable
Other liabilities
Capital stock, $10 par
Retained earnings
Sales
Income from Sun
$ 900
600
3,000
1,500
6,500
5,000
3,692
13,000
864
$24,656
$12,500
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