Here are the most recent statements of financial position for Country Kettles Inc. Excluding accumulated depreciation, determine
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COUNTRY KETTLES INC. Statement of Financial Position December 31, 2015 2014 2015 Assets Cash Accounts receivable Inventories Property plant, and equipment $ 48,180 45,815 105,413 89,716 249,086 100,155 83,600 225,992 (77,194) Less: accumulated depreciation Total assets (85,579) $380,733 $404,451 Liabilities and equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings Total liabilities and equity 72,522 $50,396 9,840 45,000 30,000 269,215 $380,733 $404,451 10,980 49,500 25,000 222,731
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Corporate Finance
ISBN: 978-0071339575
7th Canadian Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Ro
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