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Can you please help me on solving Problem 25. Thank you! Obligations under capita Common stock Income taes pavable Git certiticates and cards Treusury stock
Can you please help me on solving Problem 25. Thank you!
Obligations under capita Common stock Income taes pavable Git certiticates and cards Treusury stock The Star Hotel an eica Deerred income taves (currenty) Additional paid-in capital Acuet epenses Pheterred stock Adance deposits e notes (noncurrent) Mortgage Problem 25 ful entrepreneur, to assist in Yu, a slulc Ceserko Inn. The following are the conds Yu the e Yui a the Seiko 1 t in analyz bulane shee hor her twoyear-old hotel the Seik hualane sheets of the Seiko Inn ng Hee Yu, a successtul entrepren tel, the Seiko Inn. The followin ou have been hired by Jung Hee Yu, a successful e Seiko Inn Condensed Balance Sheets December 31, 20X1 and 20x2 20X1 $ 30,000 $ Accounts receivable Inventory Building (net) Property and equipment (net) Other assets 190,000 30,000 10,000,000 1,400,000 200,000 3500 1,500,000 10000 9,5000 Total Assets $ 1 11,850,000 $11,400,00 Accounts payable Wages payable Current maturities-LTD Long-term debt $ 140,000 1350 $ 140,000 60,000 500,000 8,500,000 9,200,000 2,650,000 135,000 Total Liabilities Owner's Equity 8,000,000 Total Liabilities and Owner's Equity 8,650,00 2,75000 2,750,00 $11,850,000 $11,40000 2. What were the 5. What were the total current liabilities at the en were thetotal current assets at the beginning ot 2 erh iabilities at the end of 20X1? was the amount of net working capital a 20X2? th amu of net working capital at the en ning of 20X1? ng capital at the end of 20X2Step by Step Solution
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