Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial Position...
Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial Position
Beginning Balance
Ending Balance
Assets:
Cash
$
252,000
$
197,853
Accounts receivable
165,000
189,000
Inventory
298,000
236,000
Plant and equipment (net)
470,000
445,000
Investment in Cedar Company
287,000
311,000
Land (undeveloped)
410,000
410,000
Total assets
$
1,882,000
$
1,788,853
Liabilities and owners' equity:
Accounts payable
$
227,000
$
149,000
Long-term debt
860,000
860,000
Owners' equity
795,000
779,853
Total liabilities and owners' equity
$
1,882,000...
Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial Position...
Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial Position
Beginning Balance
Ending Balance
Assets:
Cash
$
331,000
$
505,256
Accounts receivable
169,000
185,000
Inventory
263,000
228,000
Plant and equipment (net)
451,000
388,000
Investment in Cedar Company
266,000
288,000
Land (undeveloped)
365,000
365,000
Total assets
$
1,845,000
$
1,959,256
Liabilities and owners' equity:
Accounts payable
$
190,000
$
189,000
Long-term debt
868,000
868,000
Owners' equity
787,000
902,256
Total liabilities and owners' equity
$
1,845,000...
Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial
Position...
Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial
Position
Beginning Balance
Ending Balance
Assets:
Cash
$
288,000
$
189,663
Accounts
receivable
126,000
191,000
Inventory
264,000
286,000
Plant
and equipment (net)
442,000
450,000
Investment in Cedar Company
243,000
262,000
Land
(undeveloped)
458,000
458,000
Total
assets
$
1,821,000
$
1,836,663
Liabilities and owners' equity:
Accounts
payable
$
252,000
$
223,000
Long-term debt
841,000
841,000
Owners'
equity
728,000
772,663
Total
liabilities and owners' equity
$
1,821,000...
Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial
Position...
Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial
Position
Beginning Balance
Ending Balance
Assets:
Cash
$
266,000
$
725,370
Accounts receivable
195,000
138,000
Inventory
328,000
285,000
Plant and equipment (net)
475,000
380,000
Investment in Cedar Company
281,000
333,000
Land (undeveloped)
194,000
194,000
Total assets
$
1,739,000
$
2,055,370
Liabilities and owners'
equity:
Accounts payable
$
170,000
$
226,000
Long-term debt
846,000
846,000
Owners' equity
723,000
983,370
Total liabilities and owners'
equity
$
1,739,000...
21.
Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial...
21.
Financial data for Beaker Company for last year appear
below:
Beaker Company
Statements of Financial
Position
Beginning Balance
Ending Balance
Assets:
Cash
$
331,000
$
505,256
Accounts receivable
169,000
185,000
Inventory
263,000
228,000
Plant and equipment (net)
451,000
388,000
Investment in Cedar Company
266,000
288,000
Land (undeveloped)
365,000
365,000
Total assets
$
1,845,000
$
1,959,256
Liabilities and owners'
equity:
Accounts payable
$
190,000
$
189,000
Long-term debt
868,000
868,000
Owners' equity
787,000
902,256
Total liabilities and owners'
equity
$...
Financial data for Redstone
Company for last year appear below:
Redstone Company
Statements of Financial Position...
Financial data for Redstone
Company for last year appear below:
Redstone Company
Statements of Financial Position
Beginning
Balance
Ending
Balance
Assets:
Cash
$
335,000
$
471,760
Accounts
receivable
210,000
176,000
Inventory
296,000
264,000
Plant and equipment
(net)
508,000
460,000
Investment in Balsam
Company
229,000
295,000
Land
(undeveloped)
182,000
182,000
Total assets
$
1,760,000
$
1,848,760
Liabilities and
owners’ equity:
Accounts
payable
$
190,000
$
235,000
Long-term debt
833,000
833,000
Owners’ equity
737,000
780,760
Total liabilities
and owners’ equity
$
1,760,000...
Financial data for Redstone Company for last year appear below:
Redstone Company Statements of Financial Position...
Financial data for Redstone Company for last year appear below:
Redstone Company Statements of Financial Position Beginning Balance
Ending Balance Assets: Cash $ 260,000 $ 217,450 Accounts receivable
157,000 149,000 Inventory 288,000 284,000 Plant and equipment (net)
496,000 450,000 Investment in Balsam Company 233,000 347,000 Land
(undeveloped) 335,000 335,000 Total assets $ 1,769,000 $ 1,782,450
Liabilities and owners’ equity: Accounts payable $ 213,000 $
171,000 Long-term debt 803,000 803,000 Owners’ equity 753,000
808,450 Total liabilities and owners’ equity $ 1,769,000...
Beaker Company
Statements of Financial Position
Beginning Balance
Ending Balance
Assets:
Cash
$
256,000
$
231,240...
Beaker Company
Statements of Financial Position
Beginning Balance
Ending Balance
Assets:
Cash
$
256,000
$
231,240
Accounts receivable
144,000
192,000
Inventory
310,000
240,000
Plant and equipment (net)
492,000
445,000
Investment in Cedar Company
301,000
286,000
Land (undeveloped)
280,000
280,000
Total assets
$
1,783,000
$
1,674,240
Liabilities and owners' equity:
Accounts payable
$
214,000
$
238,000
Long-term debt
810,000
810,000
Owners' equity
759,000
626,240
Total liabilities and owners' equity
$
1,783,000
$
1,674,240
Beaker Company
Income Statement
Sales
$
2,060,000
Less...
Financial data for Bingham Company for last year appear
below:
Bingham Company
Balance Sheet
For the...
Financial data for Bingham Company for last year appear
below:
Bingham Company
Balance Sheet
For the years ended Dec 31 2018 and 2019
ASSETS
Dec 31, 2018
Dec 31, 2019
Cash
135,000
266,000
Accounts Receivable
225,000
475,000
Inventory
314,000
394,000
Plant+Equipment (net)
940,000
860,000
Investment in Carr Corp.
104,000
101,000
Land
198,000
65,000
Total Assets
1,916,000
2,161,000
LIABILITIES + EQUITY
Accounts Payable
88,000
119,000
Long-Term Debt
585,000
665,000
Owner’s equity
1,243,000
1,377,000
Total Liabilities + Equity
1,916,000
2,161,000
Bingham Company...
. Financial data for Deep Blue Saline Ltd. for last year appear
below: Deep Blue Saline...
. Financial data for Deep Blue Saline Ltd. for last year appear
below: Deep Blue Saline Ltd. Balance Sheet Beginning Ending Assets:
Balance Balance Cash $110,000 $143,000 Accounts receivable 115,000
100,000 Inventory 60,000 60,000 Plant and equipment (net) 190,000
160,000 Investment in Balsam Company 45,000 55,000 Land
(undeveloped) 110,000 110,000 Total assets $630,000 $628,000
Liabilities and owners’ equity: Accounts payable $ 80,000 $ 90,000
Long-term debt 470,000 450,000 Owners’ equity 80,000 88,000 Total
liabilities and owners’ equity $630,000 $628,000 Deep...