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The following information pertains to Metlock, Inc. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales
The following information pertains to Metlock, Inc. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders' Equity $62000 29000 31000 233000 $355000 $66000 75000 214000 $355000
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