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Washington Corporation has the following financial data for 2013 and 2012. 2013 2012 ASSETS Current Assets: Cash 37,000 9,000 Marketable Securities 8,000 11,000 Accounts Receivable
Washington Corporation has the following financial data for 2013 and 2012.
2013 | 2012 | |
ASSETS | ||
Current Assets: | ||
Cash | 37,000 | 9,000 |
Marketable Securities | 8,000 | 11,000 |
Accounts Receivable | 32,000 | 25,000 |
Other Current Assets | 13,000 | 10,000 |
Total Current Assets | 90,000 | 55,000 |
Fixed Assets (net) | 135,000 | 120,000 |
TOTAL ASSETS | 225,000 | 175,000 |
LIABILITIES | ||
Current Liabilities | 71,000 | 40,000 |
Long-term Liabilities | 34,000 | 35,000 |
TOTAL LIABILITIES | 105,000 | 75,000 |
TOTAL STOCKHOLDERS |
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