Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $127,000;...
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Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $127,000; Patents and copyrights = $660,000; Accounts payable = $210,000; Accounts receivable = $115,000; Tangible net fixed assets = $1,610,000; Inventory $286,00o; Notes payable = $155,000; Accumulated retained earnings = $1,368,000; Long-term debt = $830,000o. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) %3! ROGERS CORP. Balance Sheet Assets Current assets Total assets Liabilities Current liabilities Total liabilities Total liabilities & owners' equity Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $127,000; Patents and copyrights = $660,000; Accounts payable = $210,000; Accounts receivable = $115,000; Tangible net fixed assets = $1,610,000; Inventory $286,00o; Notes payable = $155,000; Accumulated retained earnings = $1,368,000; Long-term debt = $830,000o. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) %3! ROGERS CORP. Balance Sheet Assets Current assets Total assets Liabilities Current liabilities Total liabilities Total liabilities & owners' equity
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Balance Sheet for 2018 Assets Amountin Liabilities Amount in Curr... View the full answer
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1260153590
12th edition
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
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