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| Using the information given, calculate stockholders' equity 2021 2022 Accounts payable 140 160 Accounts receivable 330 400 Cash 55 68 Inventory 460 555 Net
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Using the information given, calculate stockholders' equity 2021 2022 Accounts payable 140 160 Accounts receivable 330 400 Cash 55 68 Inventory 460 555 Net plant and equipment 1500 1600 Notes payable 120 110 Retained earnings 865 1003 Accruals 120 150 Common stock and Paid-in surplus 600 640 Cost of goods sold 2450 Depreciation 330 Dividends Interest paid Long-term debt Sales Taxes 99 120 500 560 3200 21%
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