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artw: the balance sheet
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Other current assets
$254,410
Cost and profit in
excess of billings
$658,955
Inventories, net
$11,237,942
Accounts receivable, net
$2,023,964
Cash
$5,960
Other assets
$407,787
Deferred income taxes,
net
$1,994,267
Assets held for lease,
net
$127,796
Property, plant, and
equipment, net
$5,104,659
Total current assets
$14,181,231
Total assets
$21,815,740
Total liabilities and
stockholders equity
$21,815,740
Total stockholders
equity
$13,913,809
Total liabilities
$7,901,931
Treasury stock, at cost
(113,589 shares on august...
$308,688
Retained earnings
$9,009,051
Additional paid-in capital
$5,161,242
Long-term debt, excluding
current portion
$1,880,280
Long-term portion of
finance lease...
$436,910
Total current
liabilities
$5,584,741
Common stock 0.01 par
value. authorized...
$52,204
Current portion of
long-term debt
$125,979
Current portion of
finance lease...
$246,565
Line of credit
$2,672,437
Accrued expenses
$933,965
Income taxes payable
$5,000
Billings in excess of cost
and profit
$352,131
Customer deposits
$72,765
Accounts payable
$1,175,899
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Balance Sheet
source: myfinsight.com
ARTS WAY MANUFACTURING CO INC (ARTW)
ARTS WAY MANUFACTURING CO INC (ARTW)