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In the Balance Sheet below determine the unknown values. Cash $50,000 Accounts Payable $125.000 Accounts receivable 100,000 Notes Payable 50,000 Inventory 80,000 Total Short Term
In the Balance Sheet below determine the unknown values.
Cash $50,000 Accounts Payable $125.000
Accounts receivable 100,000 Notes Payable 50,000
Inventory 80,000 Total Short Term Debt ?
Total Current Assets
Mortgages 350,000
Plant 500,000 Long Term Notes 175,000
Net Equipment ? Total Long Term Debt ?
Stockholders Equity ?
Total Assets ? Total Debt & Equity 775,000
In the previous question, if the Book Value of the Equipment is $65,000 what is the value of the accumulated depreciation?
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