Question: Complete answer please P14-3 Condensed balance sheet and income statement data for Landwehr Corporation Perform ratio appear below and on page 644. evaluate finan and
Complete answer please
P14-3 Condensed balance sheet and income statement data for Landwehr Corporation Perform ratio appear below and on page 644. evaluate finan and operating (LO 2), E LANDWEHR CORPORATION Balance Sheets XLS December 31 2018 2017 2016 Cash 25,000 20,000 18,000 Accounts receivable (net) 50,000 45,000 48,000 Other current assets 90,000 95,000 64,000 Investments 75,000 70,000 45,000 Plant and equipment (net) 400,000 370,000 358,000 $640,000 $600,000 $533,000 75,000 80,000 70,000 80,000 85,000 50,000 Current liabilities Long-term debt 340,000 310,000 300,000 Common stock, $10 par 125,000 113,000 145,000 Retained earnings $640,000 $600,000 $533,000
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