Question
Red Lumber Corporation Consolidated Balance Sheet December 31, 2016 and 2015 (in $ millions) Assets 2016 2015 Liabilities and Stockholders' Equity 2016 2015 Current Assets
Red Lumber Corporation
Consolidated Balance Sheet
December 31, 2016 and 2015 (in $ millions)
Assets
2016
2015
Liabilities and Stockholders' Equity
2016
2015
Current Assets
Current Liabilities
Cash
63.6
58.5
Accounts payable
87.6
73.5
Accounts receivable
59.5
39.6
Notes payable/
short-term debt
15.5
9.6
Inventories
45.9
42.9
Current maturities of long-term debt
39.9
36.9
Other current assets
6.0
3.0
Other current liabilities
6.0
12.0
Total current assets
175.0
144.0
Total current liabilities
149.0
132.0
Long-Term Assets
Long-Term Liabilities
Land
66.6
62.1
Long-term debt
242.7
168.9
Buildings
109.5
91.5
Capital lease obligations
---
---
Equipment
123.1
99.6
Total Long-term Debt
242.7
168.9
Less accumulated
depreciation
(56.1)
(52.5)
Deferred taxes
22.8
22.2
Net property, plant, and equipment
243.1
200.7
Other long-term liabilities
---
---
Goodwill
60.0
--
Total long-term liabilities
265.5
191.1
Other long-term assets
63.0
42.0
Total liabilities
406.5
323.1
Total long-term assets
366.1
242.7
Stockholders' Equity
126.6
63.6
Total Assets
541.1
386.7
Total liabilities and Stockholders' Equity
541.1
386.7
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Key Financial Market Concepts
Authors: Bob Steiner
2nd Edition
0273750127, 978-0273750123
