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Following is the balance sheet of Campbell Company for 2018 CAMPBELL COMPANY Balance sheet AssetS Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated
Following is the balance sheet of Campbell Company for 2018 CAMPBELL COMPANY Balance sheet AssetS Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $ 15,150 7,700 13,280 11,250 172,000 12,100 $207,280 Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings $ 8,270 3,840 4,200 21,180 113,500 56,290 $207,280 Total liabilities and stockholders' equity The average number of common stock shares outstanding during 2018 was 880 shares. Net income for the year was $15,400 Required Compute each of the following: (Round your answers to 2 decimal places.)
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