Question: H.J. Boswell, Inc., Balance Sheets (5 millions, except per share data) for the Year Ended December 31, 2016 Assets Liabilities and Stockholders' Equity 2015 2016
H.J. Boswell, Inc., Balance Sheets (5 millions, except per share data) for the Year Ended December 31, 2016 Assets Liabilities and Stockholders' Equity 2015 2016 2015 2016 Cash $94.50 $ 90.00 Accounts payable $ 184.50 $ 189.00 Accounts 139.50 162.00 Accrued expenses 45.00 45.00 Receivable Inventory 229.50 378.00 Short-term notes 63.00 54.00 Other current 13.50 13.50 Total current liabilities $ 292.50 $288.00 assets Total current assets $ 477.00 $ 643.50 Long-term debt 720.00 771.75 1,669.50 1,845.00 Total liabilities Gross plant and equipment $1,012.50 $1,059.75 Less accumulated (382.50) (517.50) Common stockholders equity depreciation Net plant and $1,287.00 $1,327.50 Common stock-par value 45.00 45.00 equipment Paid-in capital 324.00 324.00 Retained earnings 382.50 542.25 $ 751.50 S 911.25 Total common stockholders' equity Total assets $1,764.00 $1,971.00 S1,764.00 $1,971.00 Total liabilities and stockholders' equity 2 H.J. Boswell, Inc., Balance Sheets (5 millions, except per share data) for the Year Ended December 31, 2016 Assets Liabilities and Stockholders' Equity 2015 2016 2015 2016 Cash $94.50 $ 90.00 Accounts payable $ 184.50 $ 189.00 Accounts 139.50 162.00 Accrued expenses 45.00 45.00 Receivable Inventory 229.50 378.00 Short-term notes 63.00 54.00 Other current 13.50 13.50 Total current liabilities $ 292.50 $288.00 assets Total current assets $ 477.00 $ 643.50 Long-term debt 720.00 771.75 1,669.50 1,845.00 Total liabilities Gross plant and equipment $1,012.50 $1,059.75 Less accumulated (382.50) (517.50) Common stockholders equity depreciation Net plant and $1,287.00 $1,327.50 Common stock-par value 45.00 45.00 equipment Paid-in capital 324.00 324.00 Retained earnings 382.50 542.25 $ 751.50 S 911.25 Total common stockholders' equity Total assets $1,764.00 $1,971.00 S1,764.00 $1,971.00 Total liabilities and stockholders' equity 2
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