Question: please show steps Check My Work E ebook Problem Walk-Through Projected Spontaneous Liabilities Smilty Corporation's current swes and partial balance sheet are shown below This
Check My Work E ebook Problem Walk-Through Projected Spontaneous Liabilities Smilty Corporation's current swes and partial balance sheet are shown below This year Sales $10,000 Balance Sheet: Labines Accounts payable $ 2,000 Notes payable 53,000 Accruals $1,600 Total current liabilities $ 6,600 Long-term bonds $ 2,000 Total abilities $8,600 Common stock $ 2,000 Retained earnings $ 2,000 Total common equity $ 4,000 Total abilities & equity $12,600 Sales are expected to grow by 10% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous tables? Do not Yound intermediate calculations. Round your ner to the nearest dollar
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