Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts. Assets
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Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts.
Assets | ||||||
Cash | $24,916 | 3.4 | % | |||
Accounts receivable | $124,571 | % | ||||
Inventory | $ | 27.3 | % | |||
Total current assets | $350,829 | % | ||||
Gross plant and equipment | $ | 94.9 | % | |||
Less: accumulated depreciation | $313,000 | 42.4 | % | |||
Net plant and equipment | $ | % | ||||
Total assets | $737,829 | 100.0 | % | |||
Liabilities | ||||||
Accounts payable | $ | 15.8 | % | |||
Notes payable | $27,992 | 3.8 | % | |||
Total current liabilities | $ | % | ||||
Long-term debt | $247,960 | 33.6 | % | |||
Total liabilities | $392,519 | % | ||||
Common stock ($0.01 par, 450,000 shares) | $4,500 | 0.6 | % | |||
Paid-in capital | $222,368 | 30.1 | % | |||
Retained earnings | $ | % | ||||
Total stockholders' equity | $345,310 | 46.8 | % | |||
Total liabilities and equity | $ | 100.0 | % |
Related Book For
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
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