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The comparative financial statements of Lakeland Pools, Inc., for 2020, 2049 and 2018 included the following select data: (In millions) 2020 2019 2018 Balance sheet
The comparative financial statements of Lakeland Pools, Inc., for 2020, 2049 and 2018 included the following select data:
(In millions) 2020 2019 2018 Balance sheet Current assets Cash $ 70 $ 65 $ 45 Investment in trading securities Receivables, net of allowance for uncollectible accounts of $7, $6, and $4 respectively Inventories 155 160125 260 280 230 350 360 305 30 $ 915 $ 900 $ 735 $ 530 $ 610 $ 640 80 35 Prepaid expenses Total current assets Total current liabilities Income statement Net sales (all on account) $6,750 $5,355 $ 4,020
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