Weller Corporation
Comparative Balance Sheet
(dollars in thousands)
This Year
Last Year
Assets
Current assets:
Cash
$
1,130
$
1,340
Accounts receivable, net
10,500
6,700
Inventory
12,800
11,800
Prepaid expenses
770
570
Total current assets
25,200
20,410
Property and equipment:
Land
10,400
10,400
Buildings and equipment, net
41,440
36,670
Total property and equipment
51,840
47,070
Total assets
$
77,040
$
67,480
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable
$
20,400
$
17,500
Accrued liabilities
900
770
Notes payable, short term
160
160
Total current liabilities
21,460
18,430
Long-term liabilities:
Bonds payable
10,000
10,000
Total liabilities
31,460
28,430
Stockholders’ equity:
Common stock
500
500
Additional paid-in capital
4,000
4,000
Total paid-in capital
4,500
4,500
Retained earnings
41,080
34,550
Total stockholders’ equity
45,580
39,050
Total liabilities and stockholders’ equity
$
77,040
$
67,480
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