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Just Dew lt Corporation reports the following balance sheet information for 2014 and 2015. JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Liabilities and
Just Dew lt Corporation reports the following balance sheet information for 2014 and 2015. JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Liabilities and Owners' Equity Assets 2014 2015 2014 2015 Current assets Current liabilities 12,750 68,750 50,000 6,600 Cash Accounts payable 12,200 35,500 Accounts receivable 14,250 Notes payable 19,000 78,200 95,250 Inventory $122,250 69,000 $104,250 97,000 Tota Tota 45,000 Long-term debt 48,000 Owners' equity Common stock and paid-in surplus 50,000 50,000 300,750 233,000 Retained earnings Total $350,750 Net plant and equipment $303,000 $377,750 $283,000 $400,000 $500,000 $400,000 $500,000 Total assets Total liabilities and owners' equity Prepare the 2014 and 2015 common-size balance sheets for Just Dew lt. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
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