assets

Current assets:

Cash

Accounts receivable, net

Inventory

Prepaid expenses

Total current assets

Property and equipment:

Land

Buildings and equipment, net

Total property and equipment

Total assets

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable

Accrued liabilities

Notes payable, short term

Total current liabilities

Long$-$term liabilities:

Bonds payable

Total liabilities

Stockholders' equity:

Common stock

Additional paid$-$in capital

Total paid$-$in capital

Retained earnings

Total stockholders' equity

Total liabilities and stockholders' equity

$\backslash$table$[[$$$1,280,$$$1,560$

comparative financial statements for weller corp. a merchandising company, for the year ending december $31$ appear below. the company did not issue any common stock during the year. a total $800,000$ shares of common stock were outstanding. the interest rate on the bomd payable was $12\%,$ the income tax rate was $40\%$ and the dividend per share of common stock was $$0\mathrm{.}75$ lady year and $$0\mathrm{.}40$ this year. the market value of the companys common stock at the end of the yeat was $$18.$ all of the company's sales are on the account