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llies Corporation's comparatve balance sheet appears below Comparative Balance Sheet Ending Beginning Balance Assets Current assets Cash and cash equivalents 44,88 37,800 23,000 71,880 Accounts
llies Corporation's comparatve balance sheet appears below Comparative Balance Sheet Ending Beginning Balance Assets Current assets Cash and cash equivalents 44,88 37,800 23,000 71,880 Accounts receivable 25,400 73,408 Inventory Total current assets 138,080 135,808 Property, plant, and equipment 378,080 164,880 347,800 136,800 Less accumulated depreciation Net property, plant, and equipment 206,880 211,808 $344,000 $346,800 Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable $ 22,000 23,400 58,889 52,800 132,800 Accrued liabilities 63,408 46,800 Income taxes payable Total current liabilities 132,800 92,808 Bonds payable 86,880 Total liabilities 218,880 224,800 Stockholders equity: 29,880 96,200 26,800 96,000 Common stock Retained earnings 122,800 Total stockholdes' equity Total 1iabilities and stockholders' $344,88 346,808 equity The company did not dispose of any property. plant, and equipment during the year. Its net income for the year was $4.200 and its cash dvidends were $4,000. The company did not issue any bonds payable or purchase any of its own common stock during the year. its net cash provided by lused in) operating actvities and net cash provided by (used in) financing activities are: Multiple Choice The company did not dispose of any property, plant, and equipment during the year. Its net income for the year was $4,200 and its cash dividends were $4,000. The company did not issue any bonds payable or purchase any or its own common stock during the year. Its net cash provided by (used In) operating activities and net cash provided by (used In) financing activitues are Multiple Choice net cash provided by (used In) operating activities, $37000; net cash provlded by (used In) financing activities, $13,000) net cash proided by (used in) operating activities, $37000; net cash provided by (used in) rinancing activities, $(7.000) net cash provided by (used in) operating activities, $39,400; net cash provided by (used In) financing activitles, $(0000) net cash provided by (used in) operating actvities, $39,400; net cash provided by (used in) financing activities, $3,000)
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