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B1?? Here are comparative statement data for Carla Vista Company and Wildhorse Company, two competitors. All balance s December 31, 2016 Carla Vista Company Wildhorse
B1?? Here are comparative statement data for Carla Vista Company and Wildhorse Company, two competitors. All balance s December 31, 2016 Carla Vista Company Wildhorse Company 2017 2016 2017 2016 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense $1,934,000 1,072,000 268,000 8,200 67,400 $572,000 294,000 92,000 3,100 33,000 Current assets Plant assets (net) Current liabilities 459,625 $440,498 117,504 $112,048 742,788 705,000 197,016 177,395 93,518 106,899 49,841 42,696 Loang-term liablities160,726 126,900, 35.250 $10 705,000 705,000 169,200 169,200 par Retained earnings 243,169 206,699 53,715 42,297 2
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