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Rambus Corporation Comparative Balance Sheet December 31, 2014 and 2015 Increase Assets 2014 2015 Decrease Cash 230,600 267,300 36,700 Accounts Receivable - Net 803,800 738,800

Rambus Corporation
Comparative Balance Sheet
December 31, 2014 and 2015
Increase
Assets 2014 2015 Decrease
Cash 230,600 267,300 36,700
Accounts Receivable - Net 803,800 738,800 (65,000)
Inventory 830,000 960,000 130,000
Prepaid Expenses 36,800 14,800 (22,000)
Intangible Assets - Patents 35,000 15,000 (20,000)
Land 306,200 401,200 95,000
Building 965,000 1,300,000 335,000
Accumulated Depreciation - Building (160,000) (200,000) (40,000)
Equipment 480,000 480,000 -
Accumulated Depreciation - Equipment (56,000) (106,000) (50,000)
Long Term Investments - Stocks 220,000 220,000 -
Total Assets' 3,691,400 4,091,100 399,700
Liabilities and Stockholder's Equity
Accounts Payable 610,800 450,500 (160,300)
Accrued Liabilities 24,800 10,800 (14,000)
Notes Payable 140,000 20,000 (120,000)
Mortgage Payable 850,000 1,180,000 330,000
Bonds Payable 795,000 975,000 180,000
Common Stock 1,000,000 1,150,000 150,000
Paid in C apital in Excess of Par 80,000 80,000 -
Retained Earnings 190,800 224,800 34,000
Total Liabilities and Stockholder's Equity 3,691,400 4,091,100 399,700

1. Net income was $106,000

2. Building and equipment depreciation expense were $40,000 and $50,000 respectfully.

3. Intangible assets (patents) were amortized

4. Stock investments in the amounts of $100,000 were purchased

5. Investments were sold for $110,000, on which a $10,000 gain was recorded.

6. The company issued $180,000 of long term bonds at face value

7. A office building and land was purchased through the issuance of a $430,000 mortgage

8. The company paid $100,000 to reduce the mortgage payable in 2015

9. The company borrows funds in the amount of $150,000 by issuing notes payable and repaid notes payable in the amount of $270,000.

payable in the amount of $270,000.

10. Cash dividends in the amount of $72,000 was declared and paid.

11. Common stock was issued at par value for cash in 2015.
Rambus Corporation
Statement of Cash Flows
For the year ended 12/31/15
Cash Flows from Operating Activities:
Net Income $
Adjustments to reconcile net income to net cash
provided by operating activities.

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