ABC Inc. Balance Sheet as at December 31, 2015 and 2016 ($ thousands) Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Property, Plant & Equipment Less Accumulated Depreciation Property, Plant & Equipment, net Total Assets Liabilities and S/H Equity Current Liabilities Accounts Payable 2015 $ 200 450 550 $1,200 2,200 (1.000) 1,200 $2,400 2016 $ 150 425 625 $1,200 2,700 (1,200) 1,500 $2,700

Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Assets Liabilities and Owners' Equity Cash Accounts receivable Inventory Net fixed assets 21,900 24,300 Common stock $ 850 $ 1,210 126 Accounts payable 1,370 Short-term notes payable $ 1,080 $ 970 500 0 4,350 4,610 Long-term debt 11,900 13,500 6,000 6,200 Retained earnings Total assets $28,310 $30,406 Total liabilities and owners' equity 8,830 $28,310 $30,406 9,736 2016 Income Statement Sales Cost of goods sold Depreciation Interest Taxes Net income $30,710 18,470 6,132 744 1,824 $ 3,540 What are the values of the three components of the DuPont identity? Use ending balance sheet values. Multiple Choice

Some recent financial statements for Earl Grey Golf Corp. follow. EARL GREY GOLF CORP. 2017 and 2018 Statement of Financial Position Assets Liabilities and Owners' Equity 2017 2018 2017 Current assets Cash Accounts receivabl 12,448 e Fixed assets 15, 235 Inventory 25,392 27,155 Total $ 61,886 $ 66,645 Net plant and equipment $ 24,046 Total assets $386,58 1 2018 $ 24, 255 $324,65 $365,73 Sales Cost of goods sold Depreciation $ 432,37 9 Current liabilitie S Accounts payable Notes payable 12,000 11,571 Total $46,755 $ 80,000 Other Long-term debt Owners' equity Earnings before interest and taxes Interest paid Taxable income Taxes (35%) Common stock and $ 23,184 $ 27,420 Total liabilitie s and owners' equity $40,000 paid-in surplus Retained 219,82 earnings Total 6 $ 259,82 6 EARL GREY GOLF CORP. 2018 Statement of Comprehensive Income 386,58 1 $366,996 253, 122 32,220 $ 81,654 10,800 15,553 $ 53,773 $ 95,000 $ 40,000 $ $ 14,300 $ 67,354 23,574 243, 60 6 283, 60 6 432, 37 Net income Dividends…

The comparative balance sheet of Pelican Joe Industries Inc. for December 31, 2016 and 2015, is as follows:   1   Dec. 31, 2016 Dec. 31, 2015 2 Assets     3 Cash $490.00 $160.00 4 Accounts receivable (net) 280.00 200.00 5 Inventories 175.00 110.00 6 Land 400.00 450.00 7 Equipment 225.00 175.00 8 Accumulated depreciation-equipment (60.00) (30.00) 9 Total assets $1,510.00 $1,065.00 10 Liabilities and Stockholders’ Equity     11 Accounts payable (merchandise creditors) $175.00 $160.00 12 Dividends payable 30.00   13 Common stock, $10 par 100.00 50.00 14 Paid-in capital: Excess of issue price over par—common stock 250.00 125.00 15 Retained earnings 955.00 730.00 16 Total liabilities and stockholders’ equity $1,510.00 $1,065.00       The following additional information is taken from the records: 1. Land was sold for…