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Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. Laiho Industries: Balance Sheets as of December 31 (thousands of dollars)
Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. Laiho Industries: Balance Sheets as of December 31 (thousands of dollars) 2021 Cash $100,934 2020 $ 88,320 Accounts receivable 103,109 84,239 Inventories 40,721 36,762 Total current assets $244,764 $209,321 Net fixed assets 68,124 Total assets $312,888 44,356 $253,677 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $30,092 31,375 17,063 $ 78,530 73,036 $151,566 $ 22,940 22,671 14,373 $ 59,984 62,036 $122,020 100,500 88,000 60,822 43,657 $161,322 $312,888 $131,657 $253,677 The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Enter your answers in thousands. For example, an answer of $1 thousand should be entered as 1, not 1,000. Round your answers to the nearest whole number. Use a minus sign to enter negative values, if any.
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