**Balance Sheet** Construct the Barron Pizza, Inc. balance sheet statement for December 31, 2015, with the following information: ### Complete the balance sheet below: *(Round to the nearest thousand dollars.)* --- #### Barron Pizza, Inc. #### Balance Sheet as of December 31, 2015 #### ($ in thousands) --- **ASSETS** - **Current Assets** - [Item 1] ................ $________ - [Item 2] ................ $________ - [Item 3] ................ $________ - [Item 4] ................ $________ - Total current assets .... $________ --- **LIABILITIES** - **Current liabilities** - [Item 1] .................. $________ - [Item 2] .................. $________ - [Item 3] .................. $________ - Total current liabilities.. $________ --- **Additional Information from Data Table** - Retained earnings: $43,547 - Accounts payable: $74,555 - Accounts receivable: $34,890 - Common stock: $119,889 - Cash: $8,290 - Short-term debt: $220 - Inventory: $23,359 - Goodwill: $48,286 - Long-term debt: $80,128 - Other noncurrent liabilities: $42,547 - Net plant, property, and equipment: $192,302 - Other noncurrent assets: $16,826 - Long-term investments: $22,319 - Other current assets: $14,614 --- **Instructions**: Choose from any list or enter any number in the input fields and then continue to the next question. ### Financial Statement Transcription and Data Explanation #### Left Side: Financial Statement Template This section represents a typical layout for a company's financial statement, specifically showing the structure for current assets, liabilities, and owners' equity. It includes fields for: - **Total Current Assets** - **Total Current Liabilities** - **Total Liabilities** - **Owners’ Equity** - **Total Owners’ Equity** - **Total Assets** - **Total Liabilities and Owners’ Equity** Empty input fields are provided for entering specific financial values corresponding to each category. #### Right Side: Data Table The data table provides specific financial figures as follows: - **Retained earnings:** $43,547 - **Accounts payable:** $74,555 - **Accounts receivable:** $34,890 - **Common stock:** $119,889 - **Cash:** $8,290 - **Short-term debt:** $220 - **Inventory:** $23,359 - **Goodwill:** $48,286 - **Long-term debt:** $80,128 - **Other noncurrent liabilities:** $42,547 - **Net plant, property, and equipment:** $192,302 - **Other noncurrent assets:** $16,826 - **Long-term investments:** $22,319 - **Other current assets:** $14,614 These values are essential for calculating total assets, liabilities, and owners’ equity within a financial statement, aiding in assessing a company’s financial position. #### Instruction The text below the tables indicates that users can choose from a list or enter numbers in the input fields before proceeding to the next question, suggesting this could be an interactive educational exercise on financial reporting and analysis.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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**Balance Sheet**

Construct the Barron Pizza, Inc. balance sheet statement for December 31, 2015, with the following information:

### Complete the balance sheet below: 
*(Round to the nearest thousand dollars.)*

---

#### Barron Pizza, Inc.
#### Balance Sheet as of December 31, 2015
#### ($ in thousands)

---

**ASSETS**

- **Current Assets**
  - [Item 1] ................ $________
  - [Item 2] ................ $________
  - [Item 3] ................ $________
  - [Item 4] ................ $________
  - Total current assets .... $________

---

**LIABILITIES**

- **Current liabilities**
  - [Item 1] .................. $________
  - [Item 2] .................. $________
  - [Item 3] .................. $________
  - Total current liabilities.. $________

---

**Additional Information from Data Table**

- Retained earnings: $43,547
- Accounts payable: $74,555
- Accounts receivable: $34,890
- Common stock: $119,889
- Cash: $8,290
- Short-term debt: $220
- Inventory: $23,359
- Goodwill: $48,286
- Long-term debt: $80,128
- Other noncurrent liabilities: $42,547
- Net plant, property, and equipment: $192,302
- Other noncurrent assets: $16,826
- Long-term investments: $22,319
- Other current assets: $14,614

---

**Instructions**: Choose from any list or enter any number in the input fields and then continue to the next question.
Transcribed Image Text:**Balance Sheet** Construct the Barron Pizza, Inc. balance sheet statement for December 31, 2015, with the following information: ### Complete the balance sheet below: *(Round to the nearest thousand dollars.)* --- #### Barron Pizza, Inc. #### Balance Sheet as of December 31, 2015 #### ($ in thousands) --- **ASSETS** - **Current Assets** - [Item 1] ................ $________ - [Item 2] ................ $________ - [Item 3] ................ $________ - [Item 4] ................ $________ - Total current assets .... $________ --- **LIABILITIES** - **Current liabilities** - [Item 1] .................. $________ - [Item 2] .................. $________ - [Item 3] .................. $________ - Total current liabilities.. $________ --- **Additional Information from Data Table** - Retained earnings: $43,547 - Accounts payable: $74,555 - Accounts receivable: $34,890 - Common stock: $119,889 - Cash: $8,290 - Short-term debt: $220 - Inventory: $23,359 - Goodwill: $48,286 - Long-term debt: $80,128 - Other noncurrent liabilities: $42,547 - Net plant, property, and equipment: $192,302 - Other noncurrent assets: $16,826 - Long-term investments: $22,319 - Other current assets: $14,614 --- **Instructions**: Choose from any list or enter any number in the input fields and then continue to the next question.
### Financial Statement Transcription and Data Explanation

#### Left Side: Financial Statement Template

This section represents a typical layout for a company's financial statement, specifically showing the structure for current assets, liabilities, and owners' equity. It includes fields for:

- **Total Current Assets**
- **Total Current Liabilities**
- **Total Liabilities**
- **Owners’ Equity**
- **Total Owners’ Equity**
- **Total Assets**
- **Total Liabilities and Owners’ Equity**

Empty input fields are provided for entering specific financial values corresponding to each category.

#### Right Side: Data Table

The data table provides specific financial figures as follows:

- **Retained earnings:** $43,547
- **Accounts payable:** $74,555
- **Accounts receivable:** $34,890
- **Common stock:** $119,889
- **Cash:** $8,290
- **Short-term debt:** $220
- **Inventory:** $23,359
- **Goodwill:** $48,286
- **Long-term debt:** $80,128
- **Other noncurrent liabilities:** $42,547
- **Net plant, property, and equipment:** $192,302
- **Other noncurrent assets:** $16,826
- **Long-term investments:** $22,319
- **Other current assets:** $14,614

These values are essential for calculating total assets, liabilities, and owners’ equity within a financial statement, aiding in assessing a company’s financial position.

#### Instruction

The text below the tables indicates that users can choose from a list or enter numbers in the input fields before proceeding to the next question, suggesting this could be an interactive educational exercise on financial reporting and analysis.
Transcribed Image Text:### Financial Statement Transcription and Data Explanation #### Left Side: Financial Statement Template This section represents a typical layout for a company's financial statement, specifically showing the structure for current assets, liabilities, and owners' equity. It includes fields for: - **Total Current Assets** - **Total Current Liabilities** - **Total Liabilities** - **Owners’ Equity** - **Total Owners’ Equity** - **Total Assets** - **Total Liabilities and Owners’ Equity** Empty input fields are provided for entering specific financial values corresponding to each category. #### Right Side: Data Table The data table provides specific financial figures as follows: - **Retained earnings:** $43,547 - **Accounts payable:** $74,555 - **Accounts receivable:** $34,890 - **Common stock:** $119,889 - **Cash:** $8,290 - **Short-term debt:** $220 - **Inventory:** $23,359 - **Goodwill:** $48,286 - **Long-term debt:** $80,128 - **Other noncurrent liabilities:** $42,547 - **Net plant, property, and equipment:** $192,302 - **Other noncurrent assets:** $16,826 - **Long-term investments:** $22,319 - **Other current assets:** $14,614 These values are essential for calculating total assets, liabilities, and owners’ equity within a financial statement, aiding in assessing a company’s financial position. #### Instruction The text below the tables indicates that users can choose from a list or enter numbers in the input fields before proceeding to the next question, suggesting this could be an interactive educational exercise on financial reporting and analysis.
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