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All of the grey spaces need to be filled in and I do not know how to get those numbers and then the questions at

All of the grey spaces need to be filled in and I do not know how to get those numbers and then the questions at the bottom are also needed PLEASE HELP image text in transcribed
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at was the ollar amount of the change Wh thepeations owlies equity actbd What was the percentage amount? RONUS: Nilam Patel is the primary stockholder in two hotel corporations. One corporation property located in the suburbs of a large western town. The other corporation is a 350-room fullservice convention 8. owns a 90-room economy downtown city center for which Nilam has employed a management company to operate the property reparing balance sheets for both properties using a common size format. Complete the two Then answer the questions that follow. Nilam Patel's Two Hoter's Balance Sheets December 31 Common Size 350-Room Property| Property ! Property (%) Property (%) ASSETS Current Assets Cash in House Banks $86,000 330,250 416,250 Cash in Demand Deposits 85,000 Total Cash 103,500 Short-Term Investments 56,000 165,000 Receivables Accounts Receivable 150,000 35,000 750 185,750 19,250 166,500 327,150 136,250 30,800 494,200 Notes Receivable Total Receivables Less Allowance for Doubtful Accounts Net Receivables 431,900 Due from Management Company 50,000 0.0 0.1 Food Inventories Beverage Inventories Gift Shop Inventories Supplies Inventories 15,125 69,750 42,550 6,950 13,550 0.2 300 0.0 0.0 (continued) 6,550 154 Chapter 4 The Balance Sheet 0.3 Nilam Pater's Two Hoters Balance Sheels (Centinsed) 120,100 Prepaid Expenes Deferred Income Taxes Current 0,7 0.6 Total Current Assets 50 Investments Property and Equipment Land iiding Leaseholds and Leasehold i 11.93,130 5905,000 Totai Property and Equipmeet Net Property and E 75,000 158,000 111,000 0.0 0.6 0.3 0.2 0.4 0.3 Oher Aset lotangble Asscts 1.1 1.1 Restricted Cash 126.100 439000 100.0 100.0 TOTAL ASSETS LIAILITIES AND OWNERS FOurm 17500 8.000 25,500 116,250 17,500 133,750 0.1 0.1 0.2 Total Nodrs Payable 0.3 Accoe Parable 2,500 45,000 500 15,000 40,000 420,000 125,100 42,500 42,250 78,000 Acamued locome Tixes Payable Deferned Income Taues-Caurren Carrent Manarisies of Long Term Debe Total Current Liabilities 598,500 2,399,600 5.0 5.9 Test Your Skils 155 Net of Current Macurities 24,383,03 Under Capital Leases Term Liabilities 6,868,000 Tolal Long 500,000 2,000,000 1 B,711,500 Paid in Cap Reained Earnings 325 Total Owners' Equity 4,434,325 13,476,57O LIARILITIES AND OWNERS EQUTTY 100 TOTAL What was the amount of cash in the 90-room property's Cash in House Banks account at year end , Whar is the amount of Allowance for Doubtful Accounts in the 350-room properp? Do you think itis excessive Explain your answer? e What would explain the lack of a beverage inventory value in the 90-room hotel? d. What was the dollar amount of Total Assets in the 90-room hotel . What was the dollar amount of Total Assets in the 350-room hotel f. What was the dollar amount of Current Maturities of Long Term Debt in the 50room property? Why is that amount likely so much higher than for the 90-room peoperty? s What was the dollar amount of Paid in Capital for the 90-room property? h. What is the Owners' Equity percentage of Total Assets in the 90-room property? What is it in the 350- room property? at was the ollar amount of the change Wh thepeations owlies equity actbd What was the percentage amount? RONUS: Nilam Patel is the primary stockholder in two hotel corporations. One corporation property located in the suburbs of a large western town. The other corporation is a 350-room fullservice convention 8. owns a 90-room economy downtown city center for which Nilam has employed a management company to operate the property reparing balance sheets for both properties using a common size format. Complete the two Then answer the questions that follow. Nilam Patel's Two Hoter's Balance Sheets December 31 Common Size 350-Room Property| Property ! Property (%) Property (%) ASSETS Current Assets Cash in House Banks $86,000 330,250 416,250 Cash in Demand Deposits 85,000 Total Cash 103,500 Short-Term Investments 56,000 165,000 Receivables Accounts Receivable 150,000 35,000 750 185,750 19,250 166,500 327,150 136,250 30,800 494,200 Notes Receivable Total Receivables Less Allowance for Doubtful Accounts Net Receivables 431,900 Due from Management Company 50,000 0.0 0.1 Food Inventories Beverage Inventories Gift Shop Inventories Supplies Inventories 15,125 69,750 42,550 6,950 13,550 0.2 300 0.0 0.0 (continued) 6,550 154 Chapter 4 The Balance Sheet 0.3 Nilam Pater's Two Hoters Balance Sheels (Centinsed) 120,100 Prepaid Expenes Deferred Income Taxes Current 0,7 0.6 Total Current Assets 50 Investments Property and Equipment Land iiding Leaseholds and Leasehold i 11.93,130 5905,000 Totai Property and Equipmeet Net Property and E 75,000 158,000 111,000 0.0 0.6 0.3 0.2 0.4 0.3 Oher Aset lotangble Asscts 1.1 1.1 Restricted Cash 126.100 439000 100.0 100.0 TOTAL ASSETS LIAILITIES AND OWNERS FOurm 17500 8.000 25,500 116,250 17,500 133,750 0.1 0.1 0.2 Total Nodrs Payable 0.3 Accoe Parable 2,500 45,000 500 15,000 40,000 420,000 125,100 42,500 42,250 78,000 Acamued locome Tixes Payable Deferned Income Taues-Caurren Carrent Manarisies of Long Term Debe Total Current Liabilities 598,500 2,399,600 5.0 5.9 Test Your Skils 155 Net of Current Macurities 24,383,03 Under Capital Leases Term Liabilities 6,868,000 Tolal Long 500,000 2,000,000 1 B,711,500 Paid in Cap Reained Earnings 325 Total Owners' Equity 4,434,325 13,476,57O LIARILITIES AND OWNERS EQUTTY 100 TOTAL What was the amount of cash in the 90-room property's Cash in House Banks account at year end , Whar is the amount of Allowance for Doubtful Accounts in the 350-room properp? Do you think itis excessive Explain your answer? e What would explain the lack of a beverage inventory value in the 90-room hotel? d. What was the dollar amount of Total Assets in the 90-room hotel . What was the dollar amount of Total Assets in the 350-room hotel f. What was the dollar amount of Current Maturities of Long Term Debt in the 50room property? Why is that amount likely so much higher than for the 90-room peoperty? s What was the dollar amount of Paid in Capital for the 90-room property? h. What is the Owners' Equity percentage of Total Assets in the 90-room property? What is it in the 350- room property

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