Financial Statements of Rose Corporation Assignment | Top Universities
The financial statements of Rose Corporation appear below: Rose Corporation Comparative Balance Sheets December 31, 2018 – 19 —————————————————————————————————— Assets 2019 2018 Cash $600,000 $ 1,200,000 Short-term investments 600,000 1,800,000 Accounts receivable (net) 1,200,000 900,000 Inventory 1,800,000 2,100,000 Property, plant and equipment (net) 7,800,000 9,000,000 Total assets $12,000,000 $15,000,000 Liabilities and stockholders' equity …
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