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Problem 14-4A Condensed statement of financial position and income statement data for Ridgewood Ltd. are shown below: RIDGEWOOD LTD. Statement of Financial Position December 31
Problem 14-4A Condensed statement of financial position and income statement data for Ridgewood Ltd. are shown below: RIDGEWOOD LTD. Statement of Financial Position December 31 (in thousands) 2018 2017 2016 Assets Current assets Cash $30 $80 $202 Accounts receivable 903 705 505 807 501 1,205 2,138 4,065 $6,203 1,592 1,208 3,768 3,216 $5,360 $4,424 Inventory Total current assets Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Liabilities Current liabilities Non-current liabilities Total liabilities Shareholders' equity Common shares $604 $554 $498 2,336 1,493 3,079 3,683 2,890 1,991 998 998 998 A Problem 14-4A Condensed statement of financial position and income statement data for Ridgewood Ltd. are shown below: RIDGEWOOD LTD. Statement of Financial Position December 31 (in thousands) 2018 2017 2016 Assets Current assets Cash $30 $80 $202 Accounts receivable 903 705 505 807 501 1,205 2,138 4,065 $6,203 1,592 1,208 3,768 3,216 $5,360 $4,424 Inventory Total current assets Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Liabilities Current liabilities Non-current liabilities Total liabilities Shareholders' equity Common shares $604 $554 $498 2,336 1,493 3,079 3,683 2,890 1,991 998 998 998 A
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