Siam Traders Balance Sheet As of December 31, 2022 (amounts in thousands) Cash 91,000 Accounts Payable 19,000
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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?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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