Fun Oriole Company Balance Sheet
A list of financial statement items for Oriole Company includes the following.
Oriole company balance sheet. Net income for 2017 was 127520. On 123121 Egbert Corporation paid 11744000 to acquire Oriole. Sheridan Company Balance Sheet December 31 202 1 Accounts payable 8300 Cash 13500 Common stock Accounts receivable 20600 21900 Retained earnings Allowance for doubtful accounts 860 12710 Inventory 9670 42910 42910 During January 2022 the following transactions occurred.
Round answers to 1 decimal place eg. Share this link with a friend. All of Orioles assets book values approximate their fair value except for land which has a fair value that is 710000 greater than its book value.
In 2018 it purchased a nearly identical parcel of land for 470000. Oriole Company Balance Sheet Assets. On 123121 Egbert Corporation paid 11744000 to acquire Oriole.
Assume that 9200 of the mortgage payable will be paid in 2023. The adjusted trial balance for Oriole Company is given below. It is classified as Non-govt company and is registered at Registrar of Companies Kanpur.
On June 30 2020 Oriole Company issued 4880000 face value of 13 20-year bonds at 5247120 a yield of 12. Oriole Companys 123121 balance sheet reports assets of 11550000 and liabilities of 4910000. Prepare a classified balance sheet.
Oriole Company purchased land in 2010 for 289000. List current assets in order of liquidity Orlole Company Balance Sheet Assets Liabilities and Stockholders Equity Compute the current ratio and debt to assets ratio. This question hasnt been answered yet.