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Assets BD Golf Incorporated Version A Balance Sheet as of December 31, 2019 Liabilities Cash $ 2.000 Accounts Payable $ 2,000 Short-Term Investments 783
Assets BD Golf Incorporated Version A Balance Sheet as of December 31, 2019 Liabilities Cash $ 2.000 Accounts Payable $ 2,000 Short-Term Investments 783 S/T Portion of L/T Debt 1.807 Accounts Receivable 3.780 Inventory 10.970 Long-Term Debt 13.840 Plant & Equipment 41,323 Owners Equity Common Stock Retained Earnings $ 25,000 16,209 Total Assets $ 58,856 Total Liabilities & Equity $ 58.856 Sales Cost of Goods Sold Depreciation Earnings before Interest & Taxes Interest Paid Taxes (34%) Net Income BD Golf Incorporated 2019 Income Statement $ 87.480 56.820 3,217 $ 27,443 2.064 8.629 $16.750 Dividends to be Paid in 2019 $ 4,800 Addition to Retained Earnings in 2019 $ 11,950 BD Golf has 10,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2019 was $24.
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