Here is financial information for Oriole Inc. December 31, 2027 December 31, 2026 Current assets $122,800 $100,000 Plant assets (net) 395,343 327,000 Current liabilities 117,615 71,000 Long-term liabilities 132,528 88,000 Common stock, $1 par 130,500 116,000 Retained earnings 137,500 152,000 Condensed Balance Sheets December 31 2027 2026 Amount Increase or (Decrease) Percentage Assets Current assets $122,800 $100,000 22800 22.8 % Plant assets (net) 395,343 327,000 68343 20.9 % Total assets $518,143 $427,000 $ 91143 21.34 % Liabilities Current liabilities $117,615 $71,000 18886 26.6 % Long-term liabilities 132,528 88,000 44528 50.6 % Total liabilities 250,143 159,000 63414 39.88 % Stockholders' Equity Common stock, $1 par 130,500 116,000 49996 43.1 ୪୧ % Retained earnings 137,500 152,000 -22267 -14.65 % Total stockholders' equity 268,000 268,000 27729 10.35 % Total liabilities and stockholders' equity $518,143 $427,000 91143 21.34 %

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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Here is financial information for Oriole Inc.
December 31, 2027
December 31, 2026
Current assets
$122,800
$100,000
Plant assets (net)
395,343
327,000
Current liabilities
117,615
71,000
Long-term liabilities
132,528
88,000
Common stock, $1 par
130,500
116,000
Retained earnings
137,500
152,000
Transcribed Image Text:Here is financial information for Oriole Inc. December 31, 2027 December 31, 2026 Current assets $122,800 $100,000 Plant assets (net) 395,343 327,000 Current liabilities 117,615 71,000 Long-term liabilities 132,528 88,000 Common stock, $1 par 130,500 116,000 Retained earnings 137,500 152,000
Condensed Balance Sheets
December 31
2027
2026
Amount
Increase or (Decrease)
Percentage
Assets
Current assets
$122,800
$100,000
22800
22.8 %
Plant assets (net)
395,343
327,000
68343
20.9 %
Total assets
$518,143
$427,000
$
91143
21.34 %
Liabilities
Current liabilities
$117,615
$71,000
18886
26.6 %
Long-term liabilities
132,528
88,000
44528
50.6 %
Total liabilities
250,143
159,000
63414
39.88 %
Stockholders' Equity
Common stock, $1 par
130,500
116,000
49996
43.1
୪୧
%
Retained earnings
137,500
152,000
-22267
-14.65
%
Total stockholders' equity
268,000
268,000
27729
10.35
%
Total liabilities and stockholders' equity $518,143
$427,000
91143
21.34 %
Transcribed Image Text:Condensed Balance Sheets December 31 2027 2026 Amount Increase or (Decrease) Percentage Assets Current assets $122,800 $100,000 22800 22.8 % Plant assets (net) 395,343 327,000 68343 20.9 % Total assets $518,143 $427,000 $ 91143 21.34 % Liabilities Current liabilities $117,615 $71,000 18886 26.6 % Long-term liabilities 132,528 88,000 44528 50.6 % Total liabilities 250,143 159,000 63414 39.88 % Stockholders' Equity Common stock, $1 par 130,500 116,000 49996 43.1 ୪୧ % Retained earnings 137,500 152,000 -22267 -14.65 % Total stockholders' equity 268,000 268,000 27729 10.35 % Total liabilities and stockholders' equity $518,143 $427,000 91143 21.34 %
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