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A firm reported the following balance sheet: ASSETS Cash and Equivalents $ 200.00 Accounts Receivable $ 200.00 Inventory $ 300.00 Tot. Current Assets ? Net
A firm reported the following balance sheet:
ASSETS | |
Cash and Equivalents | $ 200.00 |
Accounts Receivable | $ 200.00 |
Inventory | $ 300.00 |
Tot. Current Assets | ? |
Net Plant and Equipment | $ 322.00 |
Other Long Term Assets | $ 2,000.00 |
Tot. Long Term Assets | ? |
Total Assets | ? |
LIABILITIES | |
Accounts Payable | $ 400.00 |
Accrued Wages and Taxes | $ 10.00 |
Notes Payable | $ 174.00 |
Tot. Current Liabilities | ? |
LongTerm Debt | $ 700.00 |
Total Liabilities | ? |
STOCKHOLDER'S EQUITY | |
Common Stock | $ 500.00 |
Retained Earnings | ? |
Tot. Stockholder's Equity | ? |
What is the value of Retained Earnings in common size form? Answer in percentage without the symbol, (i.e.: 0.1234 = 12.34% --> enter 12.34)
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