Kids R Kids Company Selected data from the comparative financial statements are
ID: 2470928 • Letter: K
Question
Kids R Kids Company
Selected data from the comparative financial statements are provided below:
Refer to Kids R Kids Company. The total long-term liabilities at December 31, 2013, are (in thousands):
$______________
Kids R Kids Company Balance Sheet Accounts (all accounts have normal balances) (in thousands) December 31, 2013 2012 Accounts payable and Accrued expenses $3,141 $3,249 Accrued income taxes 1,037 1,056 Accumulated depreciation 2,016 2,028 Buildings 1,507 1,535 Cash and cash equivalents 1,648 1,737 Common stock 865 861 Containers 124 157 Current maturities of long-term debt 3 397 Deferred income taxes (long-term liability) 424 426 Goodwill and other intangible assets 547 668 Inventories 890 959 Land 19 183 Loans payable (short-term) 4,459 2,677 Long-term investments 8,549 6,501 Machinery & equipment 3,855 3,896 Marketable securities 159 106 Other long-term liabilities 991 1,001 Other fixed assets 21,952 20,919 Retained earnings 7,608 6,773 Trade accounts receivable 1,666 1,639Explanation / Answer
Total Long term Liabilities as on December 31, 2013 are as under
Amount($ inThousand) Deferred Income taxes 424 Other Long term Liability 991 Total Long term Liability 1,415Related Questions
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