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Fill in the blanks 2018 2017 MARION & CARTER, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2017
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2018 2017 MARION & CARTER, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $ 165 $ 155 Accrued wages and taxes Accounts receivable 400 Accounts payable Inventory 690 620 Notes payable Total $1,290 $1,175 Total Fixed assets: Long-term debt: Gross plant and equipment $ 1,860 Stockholders' equity: Less: Accumulated depreciation Preferred stock 330 250 (25 million shares) Net plant and equipment $1,950 $1,610 Common stock and paid-in surplus (200 million shares) Other long-term assets 350 310 Retained earnings Total $ $ 1,920 Total Total assets $3,590 $ 3,095 Total liabilities and equity $ 124 340 342 $ 806 $1,210 $ 95 $ 280 $ 685 $ 25 $ 25 250 1,299 $1,574 $ 3,590 957 $1,232 $ Step by Step Solution
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