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In its 2013 annual report to shareholders,Boston Beer Company,Inc.included the following in a disclosure note:
E.Property,Plant and Equipment
Property,plant and equipment for the years ended December 28,2013,and December 29,2012,consisted of the following ($ in thousands):
The Company recorded depreciation related to these assets of $23,565 thousand in the 2013 fiscal year.
Also,Boston Beer reported the following information in the annual report ($ in thousands):
-Use a T- account to show the balances and changes during 2013 in Boston Beer's: Property,Plant and Equipment account and its Accumulated depreciation-Property,Plant & Equipment account.
Increase
A situation where there is a rise in quantity, size, number, value, or intensity of a particular economic variable or element.
Sub-Prime Loan
A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans, usually because of poor credit histories.
Prime Rate
Rate of interest that banks charge their most creditworthy customers.
Mosaic Law
A collection of laws, moral codes, and religious instructions attributed to Moses in the Jewish and Christian traditions, forming the basis of biblical law.
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