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Using the data for Brady and Co. below please provide: Balance Sheet - comparative, classified in proper format for fiscal years 2015 and 2016 Income
Using the data for Brady and Co. below please provide:
Balance Sheet - comparative, classified in proper format for fiscal years 2015 and 2016
Income Statement - multiple-step for fiscal years 2015 and 2016. Include earnings per share data.
Statement of Retained Earnings for 2016.
2015 | 2016 | ||||
Dr | Cr | Dr | Cr | ||
Accounts Payable | 999,210 | 1,079,837 | |||
Accounts Receivable | 2,943,125 | 3,245,967 | |||
Accrued Liabilities - Other | 508,643 | 721,358 | |||
Accrued Pension Liabilities | 650,216 | 450,356 | |||
Accrued Restructuring Charges | 126,000 | 90,476 | |||
Accrued Salaries, Wages and Commissions | 281,364 | 350,191 | |||
Accumulated Other Comprehensive Income (Loss) | 621,236 | 85,000 | |||
Accumulated Depreciation - Property, Plant & Equipment | 1,829,634 | 1,999,999 | |||
Accumulated Post-Employment Benefit Obligation (long-term) | 802,316 | 402,634 | |||
Additional Paid-in Capital, Common Stock | 299,304 | 299,304 | |||
Additional Paid-in Capital, Preferred Stock | 75 | 75 | |||
Allowance for Doubtful Accounts | 125,436 | 124,645 | |||
Bonds Payable | 244,563 | 249,046 | |||
Cash and Cash Equivalents | 401,236 | 751,329 | |||
Common Stock ($1.00 par value) authorized 900 million shares issued 300 million shares in 2016, 284 million in 2015 | 300,000 | 284,000 | |||
Cost of Goods Sold | 3,000,235 | 2,763,584 | |||
Current Portion of Long-term Debt | 720,125 | 849,869 | |||
Deferred Tax Assets (current) | 62,596 | 81,236 | |||
Deferred Tax Liabilities (long-term) | 229,000 | 440,263 | |||
Depreciation Expense | 307,200 | 311,236 | |||
Dividends - Common | 292,351 | 214,956 | |||
Dividends - Preferred | 2,000 | 945 | |||
General & Administrative Expenses | 1,732,429 | 1,459,695 | |||
Goodwill and Other Intangibles | 3,212,491 | 3,212,491 | |||
Income Taxes Payable | 246,002 | 102,563 | |||
Interest Expense | 201,366 | 250,000 | |||
Interest Income | 10,126 | 18,227 | |||
Investments in unconsolidated affiliated companies | 1,235,000 | 1,456,896 | |||
Inventories | 163,214 | 224,561 | |||
Long-term Debt | 3,223,713 | 3,702,700 | |||
(Loss) Income from Discontinued Operations, net of tax | 28,100 | 7,453 | |||
Preferred Stock ($10 par value) authorized 10 million shares issued 90,000 shares in 2016, 90,000 in 2015 | 900 | 900 | |||
Prepaid Expenses | 141,029 | 170,296 | |||
Property, Plant and Equipment | 2,943,216 | 3,936,726 | |||
Provision for income taxes | 245,105 | 201,636 | |||
Research and Development Expenses | 199,500 | 496,597 | |||
Restructuring Charges | 199,506 | 255,013 | |||
Retained Earnings, beginning | 2,960,256 | 5,173,286 | |||
Sales | 8,430,061 | 6,526,967 | |||
Selling Expenses | 19,365 | 58,890 | |||
Short-term Investments | 20,000 | 26,800 | |||
Treasury Stock, at cost - 117,156,719 shares in 2016 and 108,822,953 shares in 2015 | 4,472,969 | 4,263,984 | |||
Unearned Revenues | 456,325 | 423,689 | |||
22,443,269 | 22,443,269 | 23,382,838 | 23,382,838 |
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