Question

Balance sheet. Fill in the missing information on the annual balance sheet statements for Barron Pizza, Inc., Complete the table below for the assets part of the balance sheet: (Round to the nearest thousand dollars.) Barron Pizza, Inc. Balance Sheet as of December 31, 2012, 2013, and 2014 ($ in thousands) ASSETS 2014 2013 2012 Current Assets Cash $ 6,987 $ 9,309 $ 17,695 Accounts receivable $ 26,639 $_ $ 25,824 Inventory $L $ 16,222 $ 12,651 Other current assets $ 11,437 $ 10,996 SD Total current assets $ 62,481 $ 57,343 $ 65,144 Long-term investments $ 19,010 $ 20,931 Net plant, property, and equipment 203,880 $ 223,424 SL Goodwill $ 48,643 $ 48,243 Other assets 13,264 $ 13,725 $ 14,041 $ 205 TOTAL ASSETS 347,129 $ 365,380 $ 387,409

Answer 1

Correct Answer:

Barron Pizza Inc.
Balance sheet as of December 31, 2012,2013,and 2014
($ in thousands)0
Assets	2014	2013	2012	Liabilities	2014	2013	2012
Current Assets				Current liabilities
Cash	$          6,987.00	$       9,309.00	$    17,695.00	Accounts payable	$ 800,696.00	$    74,432.00	$    66,134.00
Accounts receivable	$        26,639.00	$    20,816.00	$    25,824.00	Short term debt	$          266.00	$          345.00	$          136.00
Inventory	$        17,418.00	$    16,222.00	$    12,651.00	Total current liabilities	$    80,962.00	$    74,777.00	$    66,270.00
Other current assets	$        11,437.00	$    10,996.00	$      8,974.00	Long term debt	$    61,078.00	$ 139,699.00	$ 185,011.00
Total current assets	$        62,481.00	$    57,343.00	$    65,144.00	Other liabilities	$    45,814.00	$    28,963.00	$    20,216.00
Long-term investments	$        19,010.00	$    22,245.00	$    20,931.00	Total liabilities	$ 187,854.00	$ 243,439.00	$ 271,497.00
Net plant, property, and equipment	$      203,880.00	$ 223,424.00	$ 239,050.00	Owner's equity
Goodwill	$        48,494.00	$    48,643.00	$    48,243.00	Common stock	$ 119,936.00	$ 102,317.00	$ 102,152.00
Other Assets	$        13,264.00	$    13,725.00	$    14,041.00	Retained Earnings	$    39,339.00	$    19,624.00	$    13,760.00
Total assets	$      347,129.00	$ 365,380.00	$ 387,409.00	Total owners' equity	$ 159,275.00	$ 121,941.00	$ 115,912.00
				Total Liabilities and owners' equity	$ 347,129.00	$ 365,380.00	$ 387,409.00

End of answer.

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