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Assets 2018 Time left 0:43:21 2,500 3,000 12,000 Current Assets Cash Marketable securities Accounts receivable Inventory Total current assets Fixed (Long-Term) Assets Land and buildings

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Assets 2018 Time left 0:43:21 2,500 3,000 12,000 Current Assets Cash Marketable securities Accounts receivable Inventory Total current assets Fixed (Long-Term) Assets Land and buildings 7,500 25,000 11000 11,000 20,500 Time left 0:43:15 Fixed (Long-Term) Assets Land and buildings Machinery Furniture (Less: accumulated depreciation) Net fixed assets Total Assets 8,000 13,000 XXX 51,500 Liabilities and Owner's Equity Current Liabilities Accounts payable OU Time left 0:43:06 9,000 8,000 500 Liabilities and Owner's Equity Current Liabilities Accounts payable Notes payable Accruals Total current liabilities Long-Term Liabilities Long-term debt Total long-term liabilities Total liabilities 17,500 20,000 20,000 XXX 17,500 20,000 Time left 0:42:54 20,000 XXX Total current liabilities Long-Term Liabilities Long-term debt Total long-term liabilities Total liabilities Owner's Equity Preferred stocks ($100 par value, 30,000 shares, $4 dividends per share) Common stocks ($5 par value, 1 million shares) Paid in capital XXX 5,000 100 4,000 Paid in capital Retained earnings Total stockholders' equity 2,000 14,000 Time left 0:39:50 51,500 Total Liabilities and Owner's Equity Calculate net fixed assets a. None of the above Ob. 3000 O c. 26500 O d. 52500

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