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Balance sheet 2010 2011 2010 2011 Cash 4,600 3,800 Accounts payable 16,200 17,100 Accounts receivable 10,200 9,700 Long-term debt 36,000 33,400 Inventory 18,900 20,300 Common
Balance sheet | ||||||
2010 | 2011 | 2010 | 2011 | |||
Cash | 4,600 | 3,800 | Accounts payable | 16,200 | 17,100 | |
Accounts receivable | 10,200 | 9,700 | Long-term debt | 36,000 | 33,400 | |
Inventory | 18,900 | 20,300 | Common stock | 14,000 | 20,000 | |
Net fixed asset | 41,400 | 42,100 | Retained earning | 8,900 | 5,400 | |
Total asset | 75,100 | 75,900 | Total claim | 75,100 | 75,900 |
Income statement 2011 | |
Net sales | 61,600 |
Cost | 48,900 |
Depreciation | 7,800 |
EBIT | 4,900 |
Interest | 2,500 |
EBT | 2,400 |
Taxes | 800 |
Net income | 1,600 |
What is the total amount of shareholders' equity for 2011 using the above financial statements ?
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