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The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below. ELLIOTT COMPANY Balance Sheets December 31 (in thousands) 2014
The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below.
| ELLIOTT COMPANY Balance Sheets December 31 (in thousands) | ||
|
| 2014 | 2013 |
| Current assets |
|
|
| Cash and cash equivalents | $ 330 | $ 360 |
| Accounts receivable (net) | 470 | 400 |
| Inventory | 460 | 390 |
| Prepaid expenses | 130 | 160 |
| Total current assets | 1,390 | 1,310 |
| Property, plant, and equipment (net) | 410 | 380 |
| Investments | 10 | 10 |
| Intangibles and other assets | 530 | 510 |
| Total assets | $2,340 | $2,210 |
| Current liabilities | $ 820 | $ 790 |
| Long-term liabilities | 480 | 380 |
| Stockholders | ||
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