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Please do follow the same format, thank you so much Here is financial information for Swifty Inc. December 31, 2022 December 31, 2021 $122,600 $100,000
Please do follow the same format, thank you so much
Here is financial information for Swifty Inc. December 31, 2022 December 31, 2021 $122,600 $100,000 Current assets Plant assets (net) 394,350 330,000 Current liabilities 85,968 72,000 Long-term liabilities 133,902 86,000 Common stock, $1 par 166,210 110,000 Retained earnings 130,870 162,000 SWIFTY INC. Condensed Balance Sheets December 31 Increase or (Decrease) Amount Percentage 2022 2021 Assets Current assets $122,600 $100,000 $ % Plant assets (net) 394,350 330,000 % Total assets $516,950 $430,000 $ TA % Liabilities Current liabilities $85,968 $72,000 $ % Long-term liabilities 133,902 86,000 % Total liabilities 219,870 158,000 % Stockholders' Equity Common stock, $1 par 166,210 110,000 se Retained earnings 130,870 162,000 % Total stockholders' equity 297,080 272,000 % Total liabilities and stockholders' equity $516,950 $430,000 $ %Step by Step Solution
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