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2. Delta Corp. has $12,600 in accounts receivable; $64,800 in inventory; cash of $5,150; notes payable: $6900; Net fixed assets: $278,650; accounts payable: $4,800;
2. Delta Corp. has $12,600 in accounts receivable; $64,800 in inventory; cash of $5,150; notes payable: $6900; Net fixed assets: $278,650; accounts payable: $4,800; Long-term debt: $152,700. Calculate the common Size percentage for Owner's Equity. Show all calculations.
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
