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Please answer in Excel format with proper labels and formulas for a great rating. Thank you! P 7-4 Kaufman Company's balance sheet follows Assets Current
Please answer in Excel format with proper labels and formulas for a great rating. Thank you!
P 7-4 Kaufman Company's balance sheet follows Assets Current assets Cash Short-term investments-at cost (approximate market) Trade accounts receivable, less allowance of $1,590 Inventories-at lower of cost (average method) or market: $ 13,445 5,239 88,337 Finished merchandise Work in process, raw materials, and supplies 113,879 47,036 160,915 8,221 276,157 Prepaid expenses Total current assets Other assets Receivables, advances, and other assets Intangibles Total other assets 4,473 2,324 6,797 Property, plant, and equipment: 5,981 78,908 162,425 247,314 106,067 141,247 Land Buildings Machinery and equipment Less allowances for depreciation Net property, plant, and equipment Total assetsStep by Step Solution
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