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The following financial statements apply to Jordan Company: 2019 2018 Revenues Net sales Other revenues $210,900 $175,800 6,400 182,200 8,100 219,000 Total revenues Expenses Cost
The following financial statements apply to Jordan Company: 2019 2018 Revenues Net sales Other revenues $210,900 $175,800 6,400 182,200 8,100 219,000 Total revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 124,800 20,200 9,000 1,800 20,400 176,200 101,600 18,200 8,000 1,800 17 , 900 147,500 Total expenses Net income Assets Current assets $ 42,800 34,700 Cash Marketable securities Accounts receivable Inventories Prepaid expenses 1,800 36,900 100,600 3,700 147,800 106,600 20,900 $ 4,800 6,300 1,800 30,300 95,000 2,700 136,100 106,600 Total current assets Plant and equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Liabilities $275,300 $242,700 Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities $ 39,500 54,300 15,600 69,900 65,900 135,800 15,900 55,400 64,900 120,300 Stockholders' equity Common stock (45,000 shares) Retained earnings 114,100 7.200 106,900 $275,300 $242,700 114,100 40,900 155,000 Total stockholders' equity Total liabilities and stockholders' equity
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