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The condensed financial statements of Wildhorse Co. for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) WILDHORSE CO. Balance Sheets December
The condensed financial statements of Wildhorse Co. for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) WILDHORSE CO. Balance Sheets December 31 2017 2016 Current assets $330 510 540 120 1,500 50 420 530 2,500 940 490 1,070 $2,500 $360 440 470 160 1,430 50 380 510 $2,370 $830 460 1,080 $2,370 Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment (net) Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity
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