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The 2015 financial statements for the Ernst and Young companies are summarized here: Ernst Company Young Company Balance sheet Cash $ 42,400 $ 22,800 Accounts
The 2015 financial statements for the Ernst and Young companies are summarized here: |
Ernst Company | Young Company | ||||||
Balance sheet | |||||||
Cash | $ | 42,400 | $ | 22,800 | |||
Accounts receivable (net) | 39,900 | 33,000 | |||||
Inventory | 100,400 | 41,300 | |||||
Operational assets (net) | 141,500 | 402,900 | |||||
Other assets | 84,700 | 306,000 | |||||
Total assets | $ | 408,900 | $ | 806,000 | |||
Current liabilities | $ | 97,600 | $ | 47,500 | |||
Long-term debt (10%) | 63,800 | 58,100 | |||||
Capital stock (par $10) | 148,500 | 511,600 | |||||
Contributed capital in excess of par | 29,500 | 104,900 | |||||
Retained earnings | 69,500 | 83,900 | |||||
Total liabilities and stockholders | 408,900 | 806,000 |
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Complete a schedule that reflects a ratio analysis of each company
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