Superb Professors

Here are the most recent balance sheets for Country Kettles, Inc.
Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount. (Input all amounts as positive values):
COUNTRY KETTLES, INC.
Balance Sheet 2016 2017 Assets Cash$31,400 $30,590 Accounts receivable 70,900 74,080 Inventories 61,800 64,125 Property, plant, and equipment 157,000 167,800 Less: Accumulated depreciation 46,720 50,900 Total assets$274,380 $285,695 Liabilities and Equity Accounts payable$45,900 $48,090 Accrued expenses 7,280 6,420 Long-term debt 26,600 29,500 Common stock 26,000 31,000 Accumulated retained earnings$168,600 $170,685 Total liabilities and equity$274,380 $285,695
ItemSource/UseAmount Cash
(Click to select)
Use
Source
$ Accounts receivable
(Click to select)
Use
Source
$ Inventories
(Click to select)
Use
Source
$ Property, plant, and equipment
(Click to select)
Use
Source
$ Accounts payable
(Click to select)
Source
Use
$ Accrued expenses
(Click to select)
Source
Use
$ Long-term debt
(Click to select)
Use
Source
$ Common stock
(Click to select)
Use
Source
$ Accumulated retained earnings
(Click to select)
Use
Source
$
 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

The post Here are the most recent balance sheets for Country Kettles appeared first on Superb Professors.

"Order a Custom Paper on Similar Assignment! No Plagiarism! Enjoy 20% Discount"