Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets 2015 s 2.500 11,500 16,000 $30,000 $20,000 50,000 Accounts payable Accruals Notes payable $ 9,500 5,500 $22,000 Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $15,000 $37,000 2,000 S13,000 S50,000 2015 Net sales $87,500 81,813 1.531 S 4,156 1375 S 2,781 Operating costs except depreciation Earnings bef interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income S 1,808 Shares outstanding (millions) Common dividends Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $632.73 6.25% 35% S43.39