Spread the balance sheets and income statements of Lake of Egypt Marina, Inc. for 2018 and 2017?
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Spread the balance sheets and income statements of Lake of Egypt Marina, Inc. for 2018 and 2017?
Use the above financial statements for Lake of Egypt Marina, Inc.
Financial StatementsFinancial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018 and 2017 (In millions of dollars) 2017 2018 2018 2017 Assets Llabilities and Equity Current assets Current liabilities $ 75 $ 65 $ 40 $ 43 Cash and markotable securities Accrued wages and taxes Accounts roceivable 115 110 90 80 Accounts payable 80 70 Inventory 200 190 Notes payable $ 365 $ 210 $ 300 $ 390 Total $ 193 $ 280 Total Fixed assets Long-term debt Stockholders' equity $ 580 $ 471 Gross plant and equipment %24 Loss: Doprociation 110 100 Proferrod stock (5 milon shares) Common stock and paid-in surplus (65 million shares) $ 470 $ 371 Net plant and equipment 65 65 Rotained earnings Other long-term assets 50 49 330 242 $ 420 $ 785 $ 400 $ 312 $ 520 $ 910 Total Total Total liabilities and equity %24785 Total assets $910
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