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CAMPBELL COMPANY Balance Sheets As of December 31 Year 4.1 Year 3 Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items
CAMPBELL COMPANY Balance Sheets As of December 31 Year 4.1 Year 3 Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets: Investments Plant (net) Land Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities. Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities $18,000 $14,000 20,400 6,400 45,000 37,000 130,000 138,000 29,000 14,000 242,400 209,400 22,000 15,000 275,000 260,000 30,000 25,000 $569,400 $509,400 $17,400 $7,900 58,800 45,000 25,000 19,000 101,200 71,900. Bonds payable 140,000 140,000 Other 28,000 23,000 Total noncurrent liabilities: 168,000 163,000 Total liabilities 269,200 234,900 Stockholders' equity Preferred stock, (par value $10, 4% cumulative, non-participating: 9,000 shares authorized and issued) 90,000 90,000 Common stock (no par; 50,000 shares authorized; 10,000 shares issued). Retained earnings 90,000 90,000 Total stockholders' equity Total liabilities and stockholders' equity 120,200 300,200 94,500 274,500 $569,400 $509,400
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