- Rec Financials Od Using The Lifo Reserve What Would Rec S After Tax Not Income Be Adjusted By In 2007 If Adjusted To A 1 (22.29 KiB) Viewed 116 times
- Rec Financials Od Using The Lifo Reserve What Would Rec S After Tax Not Income Be Adjusted By In 2007 If Adjusted To A 2 (77.14 KiB) Viewed 116 times
2007 2006 $ 4,061 5,272 $ 2,382 8,004 Assets Current Assets Cosh Murkotablo securities (Note A) Accounts receivablo, less allowance for doubtful counts of $448 in 2007 and 5417 in 2006 Inventories (Note A) Prepeld expensos "Total current Assets Property, Plunt, and P.quipment (Notos A.Cand B) Land Buildings and lersdhold ittiprovements Equipment 8,960 47.041 SLZ 65,846 8,350 36,769 759 56,264 811 18.273 21.523 40,007 11.528 29.079 373 595,298 811 11,928 13.708 26,507 7.530 18,977 668 $75,909 Less accumulated depreciation and motivation Net properly, plant, and equipmenit Other Assots (Note A) Total Assets Llabilities and Stockholders' Equity Current Liabilities Accounts payable Noter payable-banks (Nate B) Current maturities of long-term debt (Note C) Acerved liabilities "Total current liabilities Deferred Federal Income Taxes (Notes A and D) Ls Long-Term Debt (Nata C) Commitments (Note E) Total liabilities Stackholders' Equity Cominon stock, por value $1, authorized, 10,000,000 shares Issued, 4,803,000 shares in 2007 and 4,594,000 sharer in 2006 (Note F) Additional paid-in capital Relaid Earnings Total stockholders' equity Total Liabilities and Stockholders' Equity $14,294 5.614 1,884 5.660 27.461 843 21,059 $ 7,591 6,012 1,516 5.313 20,432 635 16,975 49.363 38,042 4,803 957 40.175 45.935 $05,298 4,594 910 32 363 37857 $25,909