I need help answering problem 4 . Assets Stockholders\' Equity Liabilities Long-

ID: 2419049 • Letter: I

Question

I need help answering problem 4 .

Assets Stockholders' Equity Liabilities Long-Term Common Additional Retained Notes Paid-in Earnings Short-Term Cash Short-Term Notes Investments Receivable Land Buildings Equipment Notes Beg. 89,000 385,000 Beg. 52,000 505,000 52,000 112,000 106,000 22,000 105,000 (a) 96,000 9,200 86,800 18,000 23,000 58,000 12,000 75,000 (b) (b) 5,750 (d) 17,500 (e) 0 0 0 0 0 0 0 0 0 0 0 (e) 5,100 -5,100 113,150 5,100 522,250 163,000 64,000 112,000 181,000 31,200 175,800 385,000 4. Based only on the completed tabulation, provide the following amounts a. Total assets at the end of the year. b. Total liabilities at the end of the year c. Total stockholders' equity at the end of the year d. Cash balance at the end of the year e. Total current assets at the end of the year

Explanation / Answer

Particular

Amounts

Total Assets at the end of the year

867500

Total Liabilities at the end of the year

885000

Total stockholder's equity at the end of the year

59200

Cash balance at the end of the year

113150

Total current Assets at the end of the year

5100