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LULU JITU LULI VUIUTILL VILLLU 2020 2021 2020 2021 28 Assets Current assets Cash Accounts receivable Inventory Liabilities and Owners' Equity Current liabilities Accounts payable

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LULU JITU LULI VUIUTILL VILLLU 2020 2021 2020 2021 28 Assets Current assets Cash Accounts receivable Inventory Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable $ 14,588 35,258 65,567 $ 17,631 41,019 71,505 $ 55,653 $ 63,073 21,895 25,324 Total $ 115,413 $ 130,155 Total $ 77,548 $ 88,397 10 points Long-term debt $ 58,000 $ 62,000 Skipped Owners' equity Common stock and paid-in surplus $ 60,000 $ 60,000 Retained earnings 397,278 418,179 Net plant and equipment $ 477,413 $ 498,421 Total $ 457,278 $ 478,179 Print Total assets $ 628,576 592,826 Total liabilities and owners' equity $ $ 592,826 628,576 References Prepare the 2020 and 2021 common-size balance sheets for Just Dew It. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 2020 % 2021 % Assets Current assets Cash $ 14,588 % S 17,631 % Accounts receivable % 41,019 % Inventory 35,258 65,567 115,413 % 71,505 % Total $ % S 130, 155 % Fixed assets $ % S 498,421 % Net plant and equipment Total assets 477,413 592,826 $ % S 628,576 % Liabilities and Owners' Equity Current liabilities Accounts payable $ 55,653 % S 63,073 % Notes payable % 25,324 % Total $ 21,895 77,548 58,000 % S 88,397 % $ % S 62,000 % Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ % S 60,000 % % 418,179 % 60,000 397,278 457,278 592,286 Total $ % S 478,179 % Total liabilities and owners' equity $ % S 628,576 %

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