Question: Based on the information shown, what is the correct amount and percentage of notes payable? ASSETS Cash $97,500 15% Accounts Receivable $552,500 85% Total Assets

ASSETS Cash $97,500 15% Accounts Receivable $552,500 85% Total Assets $650,000 100% LIABILITIES Accounts Payable $78,000 12% Notes Payable Total Liabilities 50% EQUITY Total Equity $325,000 50% Based on the information shown, what is the correct amount and percentage of notes payable? O $247,000: 38% O $325,000: 50% EQUITY Total Equity $325,000 50% Based on the information shown, what is the correct amount and percentage of notes payable? O $247,000; 38% O $325,000; 50% O $572,000; 88% O $403,000; 62% SAVE & CONTINUE Sophia-Course-....pdf Kielisch_Preappr....pdf Kielisch_Preap
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