Question
Laiho Industries December 31 Balance Sheets (in thousands of dollars) 2015 2014 Assets Cash $ 102,850 $ 89,725 Accounts receivable 103,365 85,527 Inventories 38,444 34,982
Laiho Industries December 31 Balance Sheets
(in thousands of dollars)
2015
2014
Assets
Cash
$ 102,850
$ 89,725
Accounts receivable
103,365
85,527
Inventories
38,444
34,982
Total current assets
$ 244,659
$ 210,234
Net fixed assets
67,165
42,436
Total assets
$ 311,824
$ 252,670
Liabilities and equity
Accounts payable
$ 30,761
$ 23,109
Accruals
30,477
22,656
Notes payable
16,717
14,217
Total current liabilities
$ 77,955
$ 59,982
Long-term debt
76,264
63,914
Total liabilities
$ 154,219
$ 123,896
Common stock
100,000
90,000
Retained earnings
57,605
38,774
Total common equity
$ 157,605
$ 128,774
Total liabilities and equity
$ 311,824
$ 252,670
Construct the statement of stockholders' equity for the year ending December 31, 2015. Please provide
explanation to the construction process using sentences.
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Project Financing Analyzing And Structuring Projects
Authors: Frank J Fabozzi, Carmel De Nahlik
1st Edition
9811232393, 9789811232398
