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Exercise 23-11 Condensed financial data of Pat Metheny Company for 2014 and 2013 are presented below PAT METHENY COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER

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Exercise 23-11 Condensed financial data of Pat Metheny Company for 2014 and 2013 are presented below PAT METHENY COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2014 AND 2013 2014 Cash Receivables Inventory Plant assets Accumulated depreciation Long-term investments (held-to-maturity) 2013 $1,096 1,309 1,906 1,697 $1,804 1,742 1,594 1,893 (1,206(1,162) (1,206) (1,162) 1,294 1,467 $6,313 $7,121 Accounts payable Accrued liabilities Bonds payable Capital stock Retained earnings $1,204 219 1,411 1,895 2,392 $7,121 $792 239 1,640 1,699 1,943 $6,313

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