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Allied Food Products Balance Sheet ($Millions) 12-31-10 Assets 2010 2009 Liabilities & Equity 2010 2009 Cash & Cash Equivalents 10 80 Accounts Payable 60 30
Allied Food Products | |||||||||||||
Balance Sheet ($Millions) 12-31-10 | |||||||||||||
Assets | 2010 | 2009 | Liabilities & Equity | 2010 | 2009 | ||||||||
Cash & Cash Equivalents | 10 | 80 | Accounts Payable | 60 | 30 | ||||||||
Accounts Receivable | ? | 315 | Notes Payable | ? | 60 | ||||||||
Inventories | 615 | 415 | Accruals | 140 | 130 | ||||||||
Total Current Assets | 1,000 | ? | Total Current Liabilities | 310 | ? | ||||||||
Net Plant & Equipment | ? | ? | Long-Term Bonds | ? | 580 | ||||||||
Total Liabilities | 1,060 | ? | |||||||||||
Common Stock (50,000,000 Shares) | 130 | 130 | |||||||||||
Retained Earnings | 750 | ||||||||||||
Total Common Equity | 940 | ? | |||||||||||
Total Assets | ? | 1,680 | Total Liabilities & Equity | 2,000 | ? |
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