Question
The balance sheet for Snow Corporation at December 31, 2013, showed the following subtotals: Current liabilities 100,000 Property, plant and equipment 380,000 Total stockholders equity
The balance sheet for Snow Corporation at December 31, 2013, showed the following subtotals:
Current liabilities 100,000
Property, plant and equipment 380,000
Total stockholders equity 400,000
Retained earnings 130,000
Total liabilities 300,000
Other long-term assets 100,000
Based on the above data, calculate the following amounts:
| Current assets |
|
| Long-term liabilities |
|
| Contributed capital |
|
| Total liabilities and stockholders equity |
|
Show computations here:
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
