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Storm Weather Industries manufactures weather equiprnent. Selected financial data for Storm Weather is presented below. use the information to answer questions 18-22. As of Dec.

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Storm Weather Industries manufactures weather equiprnent. Selected financial data for Storm Weather is presented below. use the information to answer questions 18-22. As of Dec. 31, 2014 Dec. 31, 2013 Cash and cash equivalents 376,843 205,088 187,064 Marketable Securities 166,106 258,387 Accounts Receivable (net) 289,100 424,493 Inventories 391.135 Prepaid Expenses 55.369 25.509 other current assets 85.029 83.053 1,182,925 Total Cument Assets Plant Property and Equipment 1,384,217 625,421 Long-Term Investment 568,003 425.000 Total Assets $3.316.471 $2,233,346 Current Liabilities 206,376 70,419 Short-term borrowings 155,000 168,000 Current portion of long-term debt 254,111 Accounts payable 286,257 273,658 Accrued liabilities 166,983 178 911 Income taxes payable 97,735 Total Current Liabilities 986,88 870,570 500,000 300,000 Long-Term Debt Deferred Income Taxes 215,017 404 Total Liabilities 1,897 $1,432,974 425,250 Common Stock 125,000 Additional Paid-in Capital 279,951 356.450 Retained Earnings 832.874 395,421 Total Stockholders' Equity 800,372 1 614 574 Total Liabilities and Stockholders' Equity $2,233,346 $3,316,471

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