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reply as soon as possible 3. Given the financial information for the A. E. Neuman Corporation. A.E. Newman Corporation Balance Sheets 2016 2015 ASSETS Cash
reply as soon as possible
3. Given the financial information for the A. E. Neuman Corporation. A.E. Newman Corporation Balance Sheets 2016 2015 ASSETS Cash Marketable Securities Accounts Receivable 50,000 160,000 220,000 275,000 45,000 (5009 175,000 soood 240,000 20,od0 230,000 (4S00 70,000 15003f 760,000 6 Inventories Investments Total Currents Assets 760,000 1,550,000 600,000 950,000 1,710,000 T Plant and Equipment 1,300,00 250,00 T Less: Accumulated Depreciation (450,000) So,o Net Plant and Equipment Total Assets LIABILITIES AND STOCKHOLDERS' EQUITY 850,000 1,610,000 0 Accounts Payable Notes Payable o Accrued Expenses 85,000 10,000 5,000 10,000 900,000 200,000 500,000 1,710,000 110,000 asOJ 65.000 Sspoo 30,000 S00 5000 (Soos) 800,00) Income Taxes Payable Bonds Payable (2026) Common Stock (100,000 shares) Retained Earnings Total Liabilities and Stockholders' Equity 200,000 400,000 1ooUO 1,610,000 4 3. Given the financial information for the A. E. Neuman Corporation. A.E. Newman Corporation Balance Sheets 2016 2015 ASSETS Cash Marketable Securities Accounts Receivable 50,000 160,000 220,000 275,000 45,000 (5009 175,000 soood 240,000 20,od0 230,000 (4S00 70,000 15003f 760,000 6 Inventories Investments Total Currents Assets 760,000 1,550,000 600,000 950,000 1,710,000 T Plant and Equipment 1,300,00 250,00 T Less: Accumulated Depreciation (450,000) So,o Net Plant and Equipment Total Assets LIABILITIES AND STOCKHOLDERS' EQUITY 850,000 1,610,000 0 Accounts Payable Notes Payable o Accrued Expenses 85,000 10,000 5,000 10,000 900,000 200,000 500,000 1,710,000 110,000 asOJ 65.000 Sspoo 30,000 S00 5000 (Soos) 800,00) Income Taxes Payable Bonds Payable (2026) Common Stock (100,000 shares) Retained Earnings Total Liabilities and Stockholders' Equity 200,000 400,000 1ooUO 1,610,000 4Step by Step Solution
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