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  • Accounting Reports - Balance Sheet1

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    Hosty Puff
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    The balance sheet shows that Datum Corporation has a current ratio of 3.38 and a quick ratio of 2.91, with working capital of $3,761. Total assets are $23,216, including current assets of $5,341 and other assets such as property, plant, and equipment of $17,875. Total liabilities are $5,952, including current liabilities of $1,580 and other liabilities such as long-term debt of $2,345.

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    Accounting Reports - Balance sheet1

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    The balance sheet shows that Datum Corporation has a current ratio of 3.38 and a quick ratio of 2.91, with working capital of $3,761. Total assets are $23,216, including current assets of $5,341 and other assets such as property, plant, and equipment of $17,875. Total liabilities are $5,952, including current liabilities of $1,580 and other liabilities such as long-term debt of $2,345.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    30 views2 pages

    Accounting Reports - Balance Sheet1

    Uploaded by

    Hosty Puff
    The balance sheet shows that Datum Corporation has a current ratio of 3.38 and a quick ratio of 2.91, with working capital of $3,761. Total assets are $23,216, including current assets of $5,341 and other assets such as property, plant, and equipment of $17,875. Total liabilities are $5,952, including current liabilities of $1,580 and other liabilities such as long-term debt of $2,345.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    BALANCE SHEET

    A. DATUM CORPORATION DATE

    CURRENT RATIO 3.38 CASH RATIO 0.24


    QUICK RATIO 2.91 WORKING CAPITAL $3,761.00

    10k 20k 30k 10k 20k 30k

    ASSETS LIABILITIES

    CURRENT ASSETS    CURRENT LIABILITIES   


    Cash and cash equivalents $373.00 Loans payable and current portion long-term debt $38.00

    Short-term investments $1,517.00 Accounts payable and accrued expenses $1,205.00

    Accounts receivable $1,918.00 Income taxes payable $327.00

    Inventories $743.00 Accrued retirement and profit-sharing contributions $10.00

    Deferred income taxes $445.00 TOTAL CURRENT LIABILITIES $1,580.00

    Prepaid expenses and other current assets $345.00

    Total current assets $5,341.00 OTHER LIABILITIES


    Long-term debt $2,345.00

    OTHER ASSETS Accrued retirement costs $1,211.00

    Property, plant, and equipment at cost $10,963.00 Deferred income taxes $485.00

    Less accumulated depreciation -$3,098.00 Deferred credits and other liabilities $331.00

    Property, plant, and equipment (net) $6,495.00 TOTAL OTHER LIABILITIES $4,372.00

    Long-term cash investments $472.00


    ASSETS LIABILITIES
    Equity investments $1,972.00 TOTAL LIABILITIES $5,952.00
    Deferred income taxes $437.00

    Other assets $634.00

    Total other assets $17,875.00

    TOTAL ASSETS $23,216.00

    Page 2 of 2

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