Question
Bulldog, Inc. has the following balance sheet information for the years ending December 31, 2018 and 2017. Dollar amounts are in thousands of dollars. 2018
Bulldog, Inc. has the following balance sheet information for the years ending December 31, 2018 and 2017. Dollar amounts are in thousands of dollars.
2018 2017
Cash and equivalents ($000) $ 9,333 $ 10,386
Accounts receivables 8,960 8,350
Inventories 47,041 36,769
Prepaid & other current assets 512 759
Total current assets $ 65,846 $ 56,264
Fixed assets, net 29,452 19,645
Total assets $ 95,298 $ 75,909
Accounts payable $ 14,294 $ 7,591
Other current liabilities 13,167 12,841
Total current liabilities $ 27,461 $ 20,432
Long-term debt 21,902 17,610
Stockholders' equity 45,935 37,867
Total liabilities & stkholders' equity $ 95,298 $ 75,909
In addition, Bulldog, Inc. has the following income statement items (dollar amounts are in thousands of dollars):
2018 2017
Net sales ($000) $215,600 $153,000
Cost of goods sold 129,364 91,879
What amount did Bulldog, Inc. pay its suppliers in 2018?
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