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D Question 21 10 pts Assets Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) $ 32.000 2 2 300,000 $ 450,000 $ Liabilities
D Question 21 10 pts Assets Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) $ 32.000 2 2 300,000 $ 450,000 $ Liabilities and Stockholders' Equity Accounts payable (trade) Income taxes payable (current) Long term debit Common stock Retained earnings 32.000 306.000 2 Additional Information Current ratio Cat year end) Total liabilities - Total stockholders' equity Gross margin percentage Inventory turnover (Cost of goods sold - Ending inventory! Grossmann 15 to 10 80 30 $375,000 Calculate the Accounts Payable (trade) based on this information
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