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Given the following information about Elkridge Sporting Goods, Inc., construct a balance sheet for June 30, 2017. On that date the firm had cash and
Given the following information about Elkridge Sporting Goods, Inc., construct a balance sheet for June 30, 2017. On that date the firm had cash and marketable securities and accounts receivable totaling 28,764, inventory of 162,391, net fixed assets of 331,346, and other assets of 15,419. It had accounts payables and notes payable totaling 169,257, long-term debt of 177,202, and common stock of 112,991. How much retained earnings did the firm have? Round to whole numbers
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