Assets Liabilities Cash 1 0 0 Accounts payable 5 0 Accounts receivable 4 5 Notes payable 3
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Question:
Assets Liabilities
Cash Accounts payable
Accounts receivable Notes payable
Inventories Total Current Liabilities:
Total Current Assets: Long Term Debt
Equipment Total Liabilities:
Land Common Stock
Total Fixed Assets: Retained Earnings
Total Assets: Total Common Equity:
You are asked to prepare a common size balance sheet using the balance sheet above. What number would be placed in total common equity?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
Posted Date: