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Balance sheet information for Milton Company is as follows: I have some information filled out just don't know how to calculate the rest. Please help.
Balance sheet information for Milton Company is as follows: I have some information filled out just don't know how to calculate the rest. Please help.
Compute the missing values. All the necessary information is provided. (Hint: It is not necessary to calculate your answers in alphabetical order.)
2013 | 2014 | |
Current assets | (a) $ 38,000 | $25,000 |
Long-term liabilities | (b) 34,100 | 34,900 |
Intangible assets | 12,100 | 10,900 |
Long-term investments | 19,200 | (f) |
Property, plant and equipment (net) | 85,700 | 92,800 |
Current liabilities | 16,200 | 14,000 |
Total assets | 155,000 | (g) |
Retained earnings | 56,900 | 67,000 |
Total liabilities | 50,300 | (h) |
Contributed capital | (c) | (i) |
Total stockholders equity | (d) | (j) |
Total liabilities and stockholders' equity | (e) | 225,000 |
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