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HCS 380 Wileyplus Exercise 13-13 (Solution with Excel file)
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Just enter the value and get the answer, this excel file will work for any
value
The condensed financial statements of Elliott Company for the years
2013 and 2014 are presented below.
ELLIOTT COMPANY
Balance Sheets
December 31 (in thousands)
2014 2013
Current assets
Cash and cash equivalents $330 $360
Accounts receivable (net) 648
Inventory
655
578
585
Prepaid expenses
130
Total current assets
160
1,763 1,683
Property, plant, and equipment (net) 410
Investments
188
188
380