Siam Traders Balance Sheet As of December 31, 2022 (amounts in thousands)
Cash	91,000	Accounts Payable	19,000
Accounts Receivable	44,000	Debt	24,000
Inventory	48,000	Other Liabilities	6,000
Property Plant & Equipment, Gross	234,000	Total Liabilities	49,000
Accumulated Depreciation	78,000	Paid-In Capital	69,000
Property Plant & Equipment, Net	156,000	Retained Earnings	247,000
Other Assets	26,000	Total Equity	316,000
Total Assets	365,000	Total Liabilities & Equity	365,000

Siam Traders Statement of Cash Flows January 1 to March 31, 2023 (amounts in thousands)
Net Income	7,200
Depreciation	2,000
Decrease (Increase) in Accounts Receivable	(100)
Decrease (Increase) in Inventory	1,000
Increase (Decrease) in Accounts Payable	600
Other Adjustments	0
Net Cash Flow from Operating Activities	10,700
Purchase of Property, Plant, & Equipment	(8,300)
Other Adjustments	0
Net Cash Flow from Investing Activities	(8,300)
Increase (Decrease) in Debt	(700)
Dividends	(500)
Other Adjustments	0
Net Cash Flow from Financing Activities	(1,200)
Net Cash Flow	1,200

What is the value for Total Assets on March 31, 2023?

Answer rating: 100% (QA)

The value of Total Assets on March 31 2023 can be calculated by adjusting the December 31 2022 total ... View the full answer