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Orange Company Balance Sheet December 31, 20X6 and 20X5 (dollars in thousands) 20X6 20X5 Current assets: Cash and marketable securities $130 $110 Accounts receivable, net
Orange Company Balance Sheet December 31, 20X6 and 20X5 (dollars in thousands) 20X6 20X5 Current assets: Cash and marketable securities $130 $110 Accounts receivable, net 180 180 Inventory 160 160 Prepaid expenses 60 60 Total current assets 530 510 Noncurrent assets: Plant & equipment, net 1,680 1,620 Total assets $2,210 $2,130 Current liabilities: Accounts payable $90 $100 Accrued liabilities 60 80 Notes payable, short term 160 180 Total current liabilities 310 360 Noncurrent liabilities
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