Answered

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Josey Doakes was reading the balance sheet of Gogoldze Inc. when she spilled grape juice on it. After the juice spill, the balance sheet looked like this:
$ millions)

12/31/2015

Cash

90

Accounts Receivable

210

Inventory

410

Other Current Assets

grape

Current Assets

juice

Net Property, Plant, & Equipment

1,080

Total Assets

grape


juice

Accounts Payable

115

Other Current Liabilities

260

Current Liabilities

375

Long-term Liabilities

860

Common Stock

50

Additional Paid-in-Capital

300

Retained Earnings

285

Total Liabilities and SE

1,870

Sagot :

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