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  3. )marks corporation's balance sheet appears below:

)Marks Corporation's balance sheet appears below: Comparative Balance Sheet Beginning Balance Ending Balance Assets Cash...

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Accounting

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)Marks Corporation's balance sheet appears below: Comparative Balance Sheet Beginning Balance Ending Balance Assets Cash and cash equivalents Accounts receivable $37 57 60 $47 53 Inventory 63 440 255 $339 Property, plant and equipment 548 Less accumulated depreciation 295 Total assets $416 Liabilities and stockholders' equity Accounts payable Bonds payable $50 $52 260 51 250 Common stock 50 Retained earnings Total liabilities and stockholders' equity Net income for the year was $77. Cash dividends were $13. The company did purchase any of its own common stock during the year 53 $416 $339 not dispose of any property, plant, and equipment, retire any bonds payable, or re

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