Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help with the settings for next round (currently round 3) Draft saved at Sep 10, 2021 12:46PM ST $ 2,231 $ 7,919 $ 3,886

image text in transcribed

Need help with the settings for next round (currently round 3)

Draft saved at Sep 10, 2021 12:46PM ST $ 2,231 $ 7,919 $ 3,886 Assets Current Assets Cash Accts Receivable Inventories Total Current Assets Fixed Assets Plant & Equipment Accum. Deprec. O Total Fixed Assets TOTAL ASSETS 2.0% 7.0% 3.4% 12.4% Liabilities & Owner's Equity Liabilities Accts Payable Current Borrowing Emergency Loan Maturing L.T. Debt Long Term Debt Total Liabilities $ 1,778 $ 0 $ 0 $0 $ 59,750 $ 14,036 $ 165,146 ($ 66,306) 146.3% (58.7%) 87.6% 100.0% 1.6% 0.0% 0.0% 0.0% 52.9% $ 61,528 54.5% 33.1% 12.4% $ 51,348 45.5% $ 112,876 100.0% $ 98,840 $ 112,876 $ 37,360 $ 13,988 Common Stock Retained Earn. O Total Equity TOTAL LIAB. & O.E. Assets Liabilities & Owner's Equity Cash : 2% Accounts Receivable : 7% Inventories : 3.4 % Retained Earnings: 12.4% Accounts Payable : 1.6% Current Debt: 0% Common Stock : 33.1% Long Term Debt: 52.9% Fixed : 87.6% Draft saved at Sep 10, 2021 12:46PM ST $ 2,231 $ 7,919 $ 3,886 Assets Current Assets Cash Accts Receivable Inventories Total Current Assets Fixed Assets Plant & Equipment Accum. Deprec. O Total Fixed Assets TOTAL ASSETS 2.0% 7.0% 3.4% 12.4% Liabilities & Owner's Equity Liabilities Accts Payable Current Borrowing Emergency Loan Maturing L.T. Debt Long Term Debt Total Liabilities $ 1,778 $ 0 $ 0 $0 $ 59,750 $ 14,036 $ 165,146 ($ 66,306) 146.3% (58.7%) 87.6% 100.0% 1.6% 0.0% 0.0% 0.0% 52.9% $ 61,528 54.5% 33.1% 12.4% $ 51,348 45.5% $ 112,876 100.0% $ 98,840 $ 112,876 $ 37,360 $ 13,988 Common Stock Retained Earn. O Total Equity TOTAL LIAB. & O.E. Assets Liabilities & Owner's Equity Cash : 2% Accounts Receivable : 7% Inventories : 3.4 % Retained Earnings: 12.4% Accounts Payable : 1.6% Current Debt: 0% Common Stock : 33.1% Long Term Debt: 52.9% Fixed : 87.6%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Measuring Business Interruption Losses And Other Commercial Damages An Economic Approach

Authors: Patrick A. Gaughan

3rd Edition

1119647916, 9781119647911

More Books

Students also viewed these Accounting questions

Question

Can consultants replace outsourced activities? Why or why not?

Answered: 1 week ago