Question

In: Accounting

Balance sheet. Fill in the missing information on the annual balance sheet statements for Barron​ Pizza,...

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

$

7,085

$

9,487

$

17,554

Accounts receivable

$

26,683

$

Answer

$

25,892

Inventory

$

Answer

$

16,359

$

12,591

Other current assets

$

11,516

$

10,980

$

Answer

Total current assets

$

62,315

$

57,364

$

65,080

Long-term investments

$

19,032

$

Answer

$

20,943

Net plant, property,

and equipment

$

203,743

$

223,511

$

Answer

Goodwill

$

Answer

$

48,601

$

48,279

Other assets

$

13,220

$

13,702

$

13,944

TOTAL ASSETS

$

347,191

$

365,330

$

387,465

Solutions

Expert Solution

2012:

Other Current Assets = Total Current Assets - Cash - Accounts Receivables - Inventory

Other Current Assets = 65080 - 17554 - 25892 - 12591

Other Current Assets = $9043

Net Plant, Property and Equipment = Total Assets - Total Current Assets - Long Term Investments - Goodwill - Other Assets

Net Plant, Property and Equipment = 387465 - 65080 - 20943 - 48279 - 13944

Net Plant, Property and Equipment = $239219

2013:

Accounts Receivable = Total Current Assets - Cash - Other Current Assets - Inventory

Accounts Receivable = 57364 - 9487 - 16359 - 10980

Accounts Receivable = $20538

Long Term Investments = Total Assets - Total Current Assets - Net Plant - Goodwill - Other Assets

Long Term Investments = 365330 - 57364 - 223511 - 48601 - 13702

Long Term Investments = $22512

2014:

Inventory = Total Current Assets - Cash - Accounts Receivable - Inventory

Inventory = 62315 - 11516 - 26683 - 7085

Inventory = $17031

Goodwill = Total Assets - Total Current Assets - Net Plant - Long term investments - Other Assets

Goodwill = 347191 - 62315 - 19032 - 203743 - 13220

Goodwill = $48881

ekkarill92 answered 1 year ago
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