Question: Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts. Assets Cash Accounts receivable Inventory Total current assets Gross
Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts.
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Assets Cash Accounts receivable Inventory Total current assets Gross plant and equipment Less: accumulated depreciation Net plant and equipment Total assets Liabilities Accounts payable S25,000 3.4% S125.000 S350.000 $313,000 $737,000 27.1% 95.0% 42.5% 100.0% 15.7% 3.9% 33.6% Notes payable Total current liabilities Long-term debt Total liabilities Common stock (S.01 par, 450,000 shares) Paid-in capital Retained eamings Total stockholders equity Total liabilities and equity $29.000 $248,000 S393.000 $4,500 0.6% $220,500 29.9% $344,000 46.7% 100.0%
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Assets Cash 25000 34 Accounts receivable 125000 170 Inven... View full answer
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