Ch3 Exercise 15

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Assets

Current assets
Cash
Accounts receivable
Inventory
Total
Fixed assets
Net plant and equipment
Total assets
Liabilities and owners' equity
Current liabilities
Accounts payable
Notes payable
Total
Long-term debt
Total Debt
Owners' equity
Common stock and paid-in surplus
Accumulated retained earnings
Total
Total liabilities and owners' equity

2007

$18,288

2008

44,062
104,339
$166,689

2.44%
5.88%
13.93%
22.26%

$22,455.00
55,457
144,696
$222,608

2.86%
7.07%
18.44%
28.37%

$582,190
$748,879

77.74%
100%

$561,988
$784,596

71.63%
100%

20.02%
9.25%
29.27%
25.37%

$144,722
101,134
$245,856
$131,250
$377,106

18.45%
12.89%
31.34%
16.73%

21.37%
23.99%
45.36%
100%

$160,000
247,490
$407,490
$784,596

20.39%
31.54%
51.94%
100%

ners' equity
$149,940
69,246
$219,186
$190,000
$409,186
$160,000
179,693
$339,693
$748,879

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