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Select the four statements that are TRUE about the following company: Assets 2022 2021 Cash $18,500 $23,500 Accounts receivable (net) Inventory 38,500 31,600 43,190
Select the four statements that are TRUE about the following company: Assets 2022 2021 Cash $18,500 $23,500 Accounts receivable (net) Inventory 38,500 31,600 43,190 38,500 Total current assets 100,190 93,600 Property, plant, and equipment Accumulated depreciation 534,190 490,350 -180,600 -187,960 PPE (net) 353,590 302,390 Total assets $453,780 $395,990 Liabilities and Shareholders' Equity Current liabilities $35,900 $24,850 Long term interest free loan 297,390 257,750 Total liabilities 333,290 282,600 Share capital Retained earnings Total equity Total liabilities and shareholders' equity 120,490 113,390 $453,780 $395,990 100,000 100,000 20,490 13,390 Sales
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