Question: prepare a common-size balance sheet for Patterson. Complete the common-size balance sheet below: Common-Size Balance Sheet 2016 Cash and marketable securities $ 540 % Accounts
prepare a common-size balance sheet for Patterson.
Complete the common-size balance sheet below:
Common-Size Balance Sheet | 2016 | |||
Cash and marketable securities | $ | 540 | % | |
Accounts receivable | 5,960 | |||
Inventory | 9,490 | |||
Total current assets | $ | 15,990 | % | |
Net property, plant, and equipment | 17,010 | |||
Total assets | $ | 33,000 | % | |
Accounts payable | $ | 7,220 | % | |
Short-term debt | 6,760 | |||
Total current liabilities | $ | 13,980 | % | |
Long-term liabilities | 6,970 | |||
Total liabilities | $ | 20,950 | % | |
Total common stockholders’ equity | 12,050 | |||
Total liabilities and shareholders’ equity | $ | 33,000 |
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