2 Problem 13-23A Ratio analysis LO 13-2, 13-3, 13-4, 13-5 The following financial statements apply to Campbell Company: 2019 2018 Revenues Net sales Other revenues $210,400 $176,700 9,500 6,800 Total revenues 219,900 183,500 Expenses Cost of goods sold 125,100 101,300 Selling expenses 20,200 18,200 General and administrative expenses 9,600 8,600 Interest expense 2,300 2,300 Income tax expense 20,400 16,500 Total expenses 177,600 146,900 Net income. $ 42,300 $ 36,600 Assets Current assets Cash Marketable securities $ 5,500 1,100 Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (41,000 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 7,200 1,100 35,300 31,500 101,400 95,300 3,700 2,700 147,000 137,800 106,500 106,500 21,400 0 $274,900 $244,300 $ 39,100 15,100 $ 55,100 15,300 54,200 70,400 65,300 66,300 119,500 136,700 114,200 114,200 41,200 (6,600) 155,400 107,600 $274,900 $244,300