Find the Sources and Uses of Funds Cash 70,000 67,200 Marketable Securities 304,000 310,000 Net Receivables 248,000

Find the Sources and Uses of Funds

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Cash 70,000 67,200 Marketable Securities 304,000 310,000 Net Receivables 248,000 40,000 Inventories 8,400 9,200 Total Current Assets 630,400 426,400 Property and Equipment 1,081,850 1,556,114 Less Accum. Depreciation 171,750 393,750 Net Property and 910,100 1,162,364 Equipment Total Assets 1,540,500 1,588,764 Current Liabilities Accounts Payable 14,500 14,125 Notes Payable 127,200 60,000 Accrued Wages 26,800 18,000 Total Current 168,500 92,125 Liabilities Long-Term Liabilities Long-Term Debt 702.000 252,000 Total Liabilities 870.500 344,125 Owner's Equity Capital Stock 400.000 900,000 Retained Earnings 270.000 344.639 Cash 70,000 67,200 Marketable Securities 304,000 310,000 Net Receivables 248,000 40,000 Inventories 8,400 9,200 Total Current Assets 630,400 426,400 Property and Equipment 1,081,850 1,556,114 Less Accum. Depreciation 171,750 393,750 Net Property and 910,100 1,162,364 Equipment Total Assets 1,540,500 1,588,764 Current Liabilities Accounts Payable 14,500 14,125 Notes Payable 127,200 60,000 Accrued Wages 26,800 18,000 Total Current 168,500 92,125 Liabilities Long-Term Liabilities Long-Term Debt 702.000 252,000 Total Liabilities 870.500 344,125 Owner's Equity Capital Stock 400.000 900,000 Retained Earnings 270.000 344.639

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The sources and uses of funds can be found by comparing the initial and final ... View the full answer