Miscellaneous financial information Amount Retained earnings 786 Total stockholders' equity 14, 971 Operating net working capital 28,483 Net working capital 29, 102 Nonoperating current assets other than cash 347 Short-term debt 1,126 Total current liabilities 13,613 Total long-term liabilities 107,872 Inventory ? ? Current portion of long-term debt 561 Accounts receivable 2,052 Treasury stock -5,279 What did Madison Makeup report as long-term assets? 93,741 What did Madison Makeup report as cash? 42,368

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Miscellaneous financial information Amount Retained earnings 786 Total
stockholders' equity 14, 971 Operating net working capital 28,483 Net working
capital 29,102 Nonoperating current assets other than cash 347 Short-term debt
1, 126 Total current liabilities 13, 613 Total long-term liabilities 107,872 Inventory
? ? Current portion of long-term debt 561 Accounts receivable 2,052 Treasury
stock -5,279 What did Madison Makeup report as long-term assets? 93,741
What did Madison Makeup report as cash? 42,368
Transcribed Image Text:Miscellaneous financial information Amount Retained earnings 786 Total stockholders' equity 14, 971 Operating net working capital 28,483 Net working capital 29,102 Nonoperating current assets other than cash 347 Short-term debt 1, 126 Total current liabilities 13, 613 Total long-term liabilities 107,872 Inventory ? ? Current portion of long-term debt 561 Accounts receivable 2,052 Treasury stock -5,279 What did Madison Makeup report as long-term assets? 93,741 What did Madison Makeup report as cash? 42,368
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