CLARK AND COMPANY INC. Consolidated Balance Sheet December 31, 2013 Assets Curre
ID: 2507887 • Letter: C
Question
CLARK AND COMPANY INC. Consolidated Balance Sheet December 31, 2013 Assets Current assets: Cash $ 24,250 Investment securities (a) Accounts and notes receivable (b) Allowance for doubtful accounts and notes receivable 7,851 121,664 Inventories 197,682 Other current assets 14,227 Total current assets (c) Noncurrent assets: Property, plant, and equipment $ 694,604 Less: Accumulated depreciation (d) $398,832 Other noncurrent assets 13,217 Total noncurrent assets 412,049 Total assets $ 792,514 Liabilities and Owners' Equity Current liabilities: Accounts payable (e) Payable to banks 34,236 Income taxes payable 9,211 Current installments of long-term debt 6,341 Accrued expenses 7,100 Total current liabilities (f) Noncurrent liabilities: Long-term debt (g) Deferred income tax liability 41,218 Minority interest in subsidiaries 4,201 Total noncurrent liabilities 205,410 Total liabilities $ 350,782 Contributed capital: Preferred stock, No par value, (authorized 1,618 shares; issued 1,115 shares) $12,392 Common stock, $1 par value per share (authorized 60,000 shares; issued 21,842 shares) (h) Additional paid-in capital - common stock (i) (j) Total contributed capital (k) Retained earnings 390,625 Total contributed capital and retained earnings (l) Less Treasury stock, at cost (1,229 shares) 27,038 Total owners' equity (m) Total liabilities and owners' equity (n) CLARK AND COMPANY INC. Consolidated Balance Sheet December 31, 2013 Assets Current assets: Cash $ 24,250 Investment securities (a) Accounts and notes receivable (b) Allowance for doubtful accounts and notes receivable 7,851 121,664 Inventories 197,682 Other current assets 14,227 Total current assets (c) Noncurrent assets: Property, plant, and equipment $ 694,604 Less: Accumulated depreciation (d) $398,832 Other noncurrent assets 13,217 Total noncurrent assets 412,049 Total assets $ 792,514 Liabilities and Owners' Equity Current liabilities: Accounts payable (e) Payable to banks 34,236 Income taxes payable 9,211 Current installments of long-term debt 6,341 Accrued expenses 7,100 Total current liabilities (f) Noncurrent liabilities: Long-term debt (g) Deferred income tax liability 41,218 Minority interest in subsidiaries 4,201 Total noncurrent liabilities 205,410 Total liabilities $ 350,782 Contributed capital: Preferred stock, No par value, (authorized 1,618 shares; issued 1,115 shares) $12,392 Common stock, $1 par value per share (authorized 60,000 shares; issued 21,842 shares) (h) Additional paid-in capital - common stock (i) (j) Total contributed capital (k) Retained earnings 390,625 Total contributed capital and retained earnings (l) Less Treasury stock, at cost (1,229 shares) 27,038 Total owners' equity (m) Total liabilities and owners' equity (n)Explanation / Answer
c=380465
d=103060
e=88484
f=145372
g=159991