Spread the balance sheets and income statements of Lake of Egypt Marina, Inc., for 2024 and 2023.
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Spread the balance sheets and income statements of Lake of Egypt Marina, Inc., for 2024 and 2023.
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A B C D E F G H J K L 1 2 3 Lake of Egypt Marina, Inc. Balance Sheet (in millions of dollars) 4 2024 2023 2024 2023 5 Assets Liabilities & Equity 6 7 Current assets: Current liabilities 8 Cash and marketable securities $ 75 $ 65 Accrued wages and taxes $ 40 $ 43 9 Accounts receivable 115 110 Accounts payable 10 Inventory 200 190 Notes payable 80 880 90 80 70 11 Total 390 365 Total 210 193 12 Fixed assets: Long-term debt: 192 190 13 Gross plant and equipment 580 471 Total debt: 300 280 14 Less: Depreciation 110 100 Stockholders' equity: 15 Net plant and equipment 470 371 Preferred stock (5 million shares) 5 5 16 Other long-term assets 50 49 Common stock and paid-in surplus 65 65 17 Total 520 420 Retained earnings 330 242 18 Total 400 312 19 Total assets $ 910 $ 785 Total liabilities and equity $ 910 $ 785
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