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Current Attempt in Progress Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts. (Round percentage answers to 1
Current Attempt in Progress Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts. (Round percentage answers to 1 decimal place, e.g. 527.5) Assets Cash $23,714 3.2 Accounts receivable $124,528 16.9 Inventory 148.296 Total current assets $349,189 Gross plant and equipment Less: accumulated depreciation $313,000 Net plant and equipment Total assets $736,189 Liabilities Accounts payable Notes payable $26,585 Total current liabilities Long-term debt $246,720 Total liabilities $392,199 Common stock ($0.01 par, 450,000 shares) $4,500 Paid-in capital $222,651 Retained earnings Total stockholders' equity $344,000 Total liabilities and equity S S S S S 96 96 96 96 96 100.0 % 96 96 96 96 96 96 96 100.0 %
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