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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 $ 11 $
Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash $ 11 $ 12 Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments 294 230 160 196 9 6 474 444 506 426 (82) (71) 424 355 27 34 Total assets $ 925 $833 Liabilities and Stockholders' Equity Accounts payable $ 305 $225 Accrued liabilities 70 77 Income taxes payable 71 63 Total current liabilities 446 365 Bonds payable 199 171 Total liabilities 645 536 Common stock 161 201 Retained earnings 119 96 Total stockholders' equity 280 297 Total liabilities and stockholders' equity $ 925 $833
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