2014 2013 Lease expense 55.00 55.00 Plant & Equipment 5,170.00 4,910.00 Long term debt 3,220.00 3,122.00 Common stock 1,550.00 1,300.00 Addition al paid in capital 572.00 542.00 Accumulated...

Extracted text: 2014 2013 Lease expense 55.00 55.00 Plant & Equipment 5,170.00 4,910.00 Long term debt 3,220.00 3,122.00 Common stock 1,550.00 1,300.00 Addition al paid in capital 572.00 542.00 Accumulated depreciation 170.00 136.00 Land 350.00 270.00 Accounts Payable 380.00 300.00 Notes payable 44.00 25.00 Other current liabilities 242.00 211.00 Depreciation expense 34.00 30.00 Selling and G&A expenses 765.00 632.00 Sales 6,000.00 4,250.00 Cost of goods so ld 3,300.00 2,550.00 Fixed expenses 100.00 100.00 Interest expense 130.00 110.00 Cash 121.00 80.00 Accounts receivable 370.00 347.00 925.00 752.00 Inventory Retained earnings 758.00 723.00 35% 35% Tax rate


Extracted text: 1- Total Current Assets for the year 2014 is: * O a) $1,416 O b) $1,179 O c) $1,045 O d) $1,235 e) None of the above