Question: Question 6 Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts. (Round percentage answers to 1 decimal place,

Question 6 Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts. (Round percentage answers to 1 decimal place, e.g. 527.5.) Assets Cash $24,838 3.4 % Accounts receivable $124,964 % Inventory 27.2 % Total current assets $350,265 % Gross plant and equipment 94.9 % $ Less: accumulated depreciation $313,000 42.5 % Net plant and equipment % $ $737,265 100.0 % Total assets Liabilities Accounts payable 16.0 % $ Notes payable $26,576 3.6 % Total current liabilities % Long-term debt $247,963 33.6 % Total liabilities $392,542 % 0.6 % Common stock ($0.01 par, 450,000 shares) Paid-in capital $4,500 $223,896 30.4 % Retained earnings % Total stockholders' equity $344,723 46.8 % Total liabilities and equity 100.0 % $ Question Attempts: 0 of 2 used
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