How much of Gallo Factory is financed by creditors at the end of December of 2020? Evaluate
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How much of Gallo Factory is financed by creditors at the end of December of 2020? Evaluate the change from 2019 to 2020.
(The figures are expressed in thousands.)
Accounts/Years | 2020 | 2019 |
Total current assets | $ 82,309 | $ 80,080 |
Property, plant & equipment | ||
(net of accumulated depreciation) | 67,192 | 66,724 |
Total assets | $149,501 | $146,471 |
Total current liabilities | $ 33,928 | $ 28,668 |
Long-term debt | 20,491 | 25,676 |
Deferred income taxes | 4,174 | 5,208 |
Total liabilities | $ 58,593 | $ 59,552 |
Total owner’s equity | 90,908 | 86,919 |
Total liabilities & owner’s equity | $149,501 | $146,471 |
Related Book For
Cost Management A Strategic Emphasis
ISBN: 9781259917028
8th Edition
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
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