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Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash $ 18 $
Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash $ 18 $ 11 Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments 291 228 151 194 8 5 468 438 513 433 (83) (70) 430 363 26 33 Total assets $ 924 $ 834 Liabilities and Stockholders' Equity Accounts payable $ 305 $ 225 Accrued liabilities 70 78 Income taxes payable 74 65 Total current liabilities 449 368 Bonds payable 195 171 Total liabilities 644 539 Common stock 161 201 Total stockholders' equity Retained earnings Total liabilities and stockholders' equity 119 94 280 295 $ 924 $ 834 Weaver Company Income Statement For This Year Ended December 31
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