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Vaughn Manufacturing Balance Sheet December 31, 2022 Cash and cash equivalents $73000 Accounts payable $135000 Accounts receivable 88500 16600 Salaries and wages payable Bonds payable

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Vaughn Manufacturing Balance Sheet December 31, 2022 Cash and cash equivalents $73000 Accounts payable $135000 Accounts receivable 88500 16600 Salaries and wages payable Bonds payable Total liabilities 150000 178500 81500 $330100 Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation 187000 188500 $208000 Common stock $207400 (64000) 144000 Retained earnings 507500 Trademarks 132500 $714900 Total stockholders' equity Total liabilities and stockholders' equity Total assets $1045000 $1045000 O 2.06:1 O 2.99:1 O 1.66:1 O 2.59:1 Vaughn Manufacturing Balance Sheet December 31, 2022 Cash and cash equivalents $73000 Accounts payable $135000 Accounts receivable 88500 16600 Salaries and wages payable Bonds payable Total liabilities 150000 178500 81500 $330100 Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation 187000 188500 $208000 Common stock $207400 (64000) 144000 Retained earnings 507500 Trademarks 132500 $714900 Total stockholders' equity Total liabilities and stockholders' equity Total assets $1045000 $1045000 O 2.06:1 O 2.99:1 O 1.66:1 O 2.59:1

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