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Question 8 of 8 < > View Policies Current Attempt in Progress -/8 Oriole Medical manufactures hospital beds and other institutional furniture. The company's
Question 8 of 8 < > View Policies Current Attempt in Progress -/8 Oriole Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Oriole Medical Comparative Balance Sheet As of December 31 Assets Current assets 2020 2019 Cash $398,000 $417,450 Accounts receivable, net 1,046,000 776,450 Inventory 730,000 681,050 Other current assets 381,300 247,100 Total current assets 2,555,300 2,122,050 Property, plant, & equipment, net 8,711,250 8,439,765 Total assets $11,266,550 $10,561,815
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