How much does the owner have in fixed assets?

2. If the expansion is based on maintaining or improv ing a hotel's ROA, which hotels would be expanded? Why? Calculate the residual income for each hotel before and after the proposed expansion. 3. Problem 23 of the Martin Motel and Restaurant has asked you to The owner statement and balance sheet based on the following prepare an income 1. Accounts receivable $10,000 2. Accounts payable $15,000 3. Current assets consist of cash, accounts receivable, and in 4. Current liabilities consist of only accounts payable 5. Current ratio-1.2 to 1 6. Acid-test ratio8 to 1 7. Accounts receivable turnover 30 times (all sales are credit sales) inventory