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Carnegie Mellon University Operations And Supply Chain Management Assignment Help - Praven Company

Question - Managerial Accounting Question Details Praven Company Statement of Financial Position December 31, Year 2 and Year 1 (dollars in thousands) Year 2 Year 1 Current assets: Cash and marketable securities $150 $130 Accounts receivable, net 190 160 Inventory 170 180 Prepaid expenses 50 40 Total current assets 560 510 Noncurrent assets: Plant & equipment, net 1,420 1,330 Total assets $1,980 $1,840 Current Liabilities: Accounts payable $110 $100 Accrued liabilities 90 60 Notes payable, short term 260 260 Total current liabilities 460 420 Noncurrent liabilities: Bonds payable 400 400 Total liabilities 860 820 Stockholder's equity: Preferred stock, $5 par, 15% 120 120 Common stock, $10 par 240 240 Additional paid-in-capi ...Read More

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