FIN 419 ASSIST Perfect Education/fin419assist.cofi FIN 419 ASSIST Perfect Education/fin419assist.cofi | Page 55

Long Term Assets
Term Liabilities
P, P & E
Debt
$1,205,000
Long
$12,745,000
$1,225,000
Goodwill
Other LT Debt
Intangible Assets
Liabilities
$3,455,000
$5,275,000
Total LT Assets
Total Liabilities
Total Assets
Long Term
$2,230,000
Total LT
$19,225,000
$12,645,000
$26,079,000
Owners’
Equity
Common
Stock
$6,425,000
Retained
Earnings
$7,009,000
Total
Owners’ Equity
$13,434,000
Total
Liab/OE
$26,079,000