Duckies, Etc. is a bath toy manufacturer reviewing their current Balance Sheet. 1. What are the total current assets? 2. What are the total long term assets? 3. What are total assets?

Cornerstones of Financial Accounting
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ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
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Problem 66.5C: Comparative Analysis: Under Armour, Inc., versus Columbia Sportswear Refer to the 10-K reports of...
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Duckies, Etc. is a bath toy manufacturer reviewing their current Balance Sheet.

1. What are the total current assets?

2. What are the total long term assets?

3. What are total assets? 

4. What is the balance for Accounts Payable?

5. What is the balance for Total Liabilities?

6. What is the balance for Total Liabilities and Shareholder Equity?

7. What is the balance for Capital Surplus?

 

 

Liabilities & SH Equity
$35
Assets as of April 30, 2015 $000s
Cash and Cash Equiv.
Accounts Receivable
Inventory
other Current Assets
Total Current Assets
$000s
Accounts Payable
50
###
Short Term Debt
other Current Liabilities
Total Current Liabilities
10
30
30
50
$55
Long Term Debt
Other Long Term Liabilities
Total Liabilities
###
15
Long Term Investments
Plant, Property & Equip.
Intangible and Other Assets
Total Long Term Assets
10
$41
###
15
Retained Earnings
Capital Surplus
Total Shareholder Equity
###
60
###
###
Total Assets
###
Total Liabilities & SH Equity
###
Transcribed Image Text:Liabilities & SH Equity $35 Assets as of April 30, 2015 $000s Cash and Cash Equiv. Accounts Receivable Inventory other Current Assets Total Current Assets $000s Accounts Payable 50 ### Short Term Debt other Current Liabilities Total Current Liabilities 10 30 30 50 $55 Long Term Debt Other Long Term Liabilities Total Liabilities ### 15 Long Term Investments Plant, Property & Equip. Intangible and Other Assets Total Long Term Assets 10 $41 ### 15 Retained Earnings Capital Surplus Total Shareholder Equity ### 60 ### ### Total Assets ### Total Liabilities & SH Equity ###
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