Question: Use the following information to determine the missing numbers from the Balance Sheet Assets: Cash 60 Accounts Receivable 22 Inventory ? Total Current Assets 97
Use the following information to determine the missing numbers from the Balance Sheet
| Assets: | |
| Cash | 60 |
| Accounts Receivable | 22 |
| Inventory | ? |
| Total Current Assets | 97 |
| PP&E (net) | 140 |
| Intangible Assets | ? |
| Total Assets | ? |
| Liabilities: | |
| Accounts Payable | ? |
| Accrued Operating Expenses | 50 |
| Total Current Liabilities | 90 |
| Notes Payable | 100 |
| Total Liabilities | ? |
| Owners' Equity: | |
| Stock | ? |
| Retained Earnings | 47 |
| Total Liabilities & OE | 257 |
How much are Total Assets?
How much are Intangible Assets?
How much is Inventory?
How much is Accounts Payable?
How much are Total Liabilities?
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