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

Based on the information shown, what is the correct amount and percentage of notes payable?
 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%

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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