Balance sheet of firm is givenAssetsCash$109,110$89,630Accounts receivable102,63284,629Inventories36,71933,325Total current assets$248,461$207,584Net fixed assets67,52041,963Total assets$315,981$249,547Liabilities and equityAccounts payable$29,914$21,320Accruals28,85221,636Notes...

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Assets
Cash	$109,110	$89,630
Accounts receivable	102,632	84,629
Inventories	36,719	33,325
Total current assets	$248,461	$207,584
Net fixed assets	67,520	41,963
Total assets	$315,981	$249,547

Liabilities and equity
Accounts payable	$29,914	$21,320
Accruals	28,852	21,636
Notes payable	15,228	12,438
Total current liabilities	$73,994	$55,394
Long-term debt	77,441	63,441
Total liabilities	$151,435	$118,835
Common stock	101,500	89,000
Retained earnings	63,046	41,712
Total common equity	$164,546	$130,712
Total liabilities and equity	$315,981	$249,547



Laiho Industries: financial information for 2021
(in thousands of dollars)

Sales	$466,650
EBITDA as a percentage of sales	16%
Depr. as a % of fixed assets	17%
Tax rate	25%
Interest expense	$9,260
Dividend payout ratio	47.25%

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