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as asked for your hela to present you with Regalo Pure comparative Bull the USALK Note: the comparative app Problem 14 the owner of The

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as asked for your hela to present you with Regalo Pure comparative Bull the USALK Note: the comparative app Problem 14 the owner of The Foxtail, a small lodging operation, has ask. erstanding the balance sheets for 20X1 and 20X2. She is able to pre aandensed balance sheets as follows: The Foxtail Condensed Balance Sheets December 31, 20X1 and 20X2 20X2 $ 20X1 $ 10,000 26,500 10,000 200,000 (20,000) $ 226,500 12,000 18,500 20,000 325,000 (64,000 $ 311,500 Cash Accounts receivable Investments Equipment Accumulated depreciation Total Assets Current liabilities: Accounts payable Mortgage payable (current) Dividends payable Noncurrent liabilities: Mortgage payable $ $ 18,000 5,000 5,000 21,000 22,000 8,000 75,000 110.000 20,000 -0- Notes payable 70,000 100,000 Common stock (20,000) Treasury stock (30,000) Retained earnings 53,500 80,500 Total Liabilities and Owners' Equity $ 226,500 $ 311,500 Required: Answer the following questions. 1. What amount of existing debt must be paid during 20X3? 2. What is the total of current assets at the end of 20X2? 3. What is the amount of net working capital at the end of 20X2? 4. How has the change in accounts receivable during 20X2 affected cash at the eng 20X2? 5. How much does The Foxtail owe its stockholders at the end of 20X2? 6. What is the net book value of The Foxtail's fixed assets at the end of 20X24

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