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a lot of pictures because its a lot of info please do everything Winged Manufacturing Consolidated Balance Sheets (dollars in thousands) December 31 ASSETS 2023
a lot of pictures because its a lot of info please do everything
Winged Manufacturing Consolidated Balance Sheets (dollars in thousands) December 31 ASSETS 2023 2023 Current assets $1,258,488 54,368 Cash and cash equivalents Short-term investments Accounts recelvable, net of allowance for doubtful accounts of $90,992 ($83,776 In 2022) $676,413 215,890 1,381,946 1,581,347 Inventories 1,088,434 Deferred tax assets Other current assets Total current assets 293,048 255,767 1,531,638 268,085 289,383 $4,531,452 $4,363,355 $484,592 $404,688 Property, plant, and equipment: Land and buildings Machinery and equipment Office furniture and equipment Leasehold Improvements 578,272 567,728 158,160 167,905 236, 708 251,792 $1,447,188 $1.412,657 (785,088) (753,111) Accumulated depreciation and amortization Net property, plant, and equipment $662,100 $659,546 159,194 Other assets 173 511 $5,352,746 55.196,412 Total assets LIABILITIES AND STOCKHOLDERS' EQUITY LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Short-term borrowings Accounts payable Accrued compensation and employee benefits Accrued marketing and distribution Accrued restructuring costs Other current liabilities Total current liabilities Long-term debt Deferred tax liabilities Total Habilities Stockholders' equity: Common stock, no par value: 320,000,000 shares authorized: 119,542,527 shares issued and outstanding in 2023 (116,147,035 shares in 2022) Retained earnings Accumulated translation adjustment Total stockholders' equity Total abilities and stockholders' equity $292,200 $823,182 886,717 742,622 136,895 144,779 178,294 174,547 58,238 307,932 396,961 315,023 $1,949,305 $2,508,085 304,472 7,117 670,668 624,832 $2,924,445 $3,140,034 $297,929 $208,613 2,141,206 1,867,600 (10,834) (19,835) $2,428,301 $2,056,378 $5,352,746 $5,196,412 Required: 1. Prepare common size balance sheets for vertical analysis. Enter your answers in percentage terms, rounded to two Gecimal places, and do not include the sign with your answer. For example, "100.00" or "28.72". For those boxes in which underlying dollar amount is shown as negative, use a minus sign. You do not need to include the actual collar amounts shown above. Winged Manufacturing Consolidated Balance Sheets December 31, 2023 December 31, 2022 % % % % Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net of allowance for doubtful accounts of $90,992 ($83,776 in 2022) Inventories Deferred tax assets % % % % % % Other current assets % % Total current assets % % %% % Property, plant, and equipment: Land and buildings Machinery and equipment Office furniture and equipment Leasehold improvements 96 % % % % % % % % 9 % Accumulated depreciation and amortization Net property, plant, and equipment Other assets Total assets Current liabilities: Short-term borrowing Accounts payable % % 90 % % Net property, plant, and equipment % Other assets % % % Total assets Current liabilities: Short-term borrowing % % % % % % % Accounts payable Accrued compensation and employee benefits Accrued marketing and distribution % % % % Accrued restructuring costs Other current liabilities % % % % % % % % 96 % Total current liabilities Long-term debt Deferred tax liabilities Total liabilities Stockholders' equity: Common stock, no par value: 320,000,000 shares authorized; 119,542,527 shares issued and outstanding in 2023 (116,147,035 shares in 2022) Retained earnings Accumulated translation adjustment Total stockholders' equity Total liabilities and stockholders' equity % 9 % % 9% % % 96 % % Stockholders' equity! Common stock, no par value: 320,000,000 shares authorized; 119,542,527 shares issued and outstanding in 2023 (116, 147,035 shares in 2022) Retained earnings Accumulated translation adjustment % % 9% % 9% % Total stockholders' equity % 96 Total liabilities and stockholders' equity 2. Indicate from what sources Winged appears to have secured the resources for its asset increase Step by Step Solution
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